000 02182nam a22002057a 4500
020 _a9783658335229
041 _aENG
082 _a658.155
_bHUN
100 _aHunziker Stefan
245 _aEnterprise risk management :
_bmodern approaches to balancing risk and reward/
_cStefan Hunziker.
250 _a2nd ed.
260 _aWiesbaden:
_bSpringer Gabler,
_c2021.
300 _axii, 236 Pages:
_bIllustrations;
_c24 cm.
504 _aInclude References.
505 _a Introduction to ERM Countering Biases in Risk Analysis Creating Value through ERM Process Setting up Enterprise Risk Governance Looking at Trends in ERM
520 _aThis 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. Table of Contents Introduction to ERM Countering Biases in Risk Analysis Creating Value through ERM Process Setting up Enterprise Risk Governance Looking at Trends in ERM The Author Professor Dr. Stefan Hunziker is Head of the competence center "Risk and Compliance Management" at Lucerne University of Applied Sciences and Arts. Furthermore, he is the Chairman of the Board of Swiss Enterprise Risk Management Association (SwissERM)
650 _a Accounting
650 _aRisk management
942 _2ddc
_cBK
999 _c23838
_d23838