This textbook demonstrates how Enterprise Risk Management creates value in strategic- and decision-making-processes. The author introduces modern approaches to balancing risk and reward based on many examples of medium-sized and large companies from different industries.
Since traditional risk management in practice is often an independent stand-alone process with no impact on decision-making processes, it is unable to create value and ties up resources in the company unnecessarily. Herewith, he serves students as well as practitioners with modern approaches that promote a connection between ERM and corporate management.
The author demonstrates in a didactically appropriate manner how companies can use ERM in a concrete way to achieve better risk-reward decisions under uncertainty. Furthermore, theoretical and psychological findings relevant to entrepreneurial decision-making situations are incorporated.
This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.
| Format |
Häftad |
| Omfång |
236 sidor |
| Språk |
Engelska |
| Förlag |
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG |
| Utgivningsdatum |
2021-05-19 |
| ISBN |
9783658335229 |
