Managing risk in the new world

Deskripsi

In a roundtable discussion, educators and financial experts discuss various questions, including: 1. How predictable was the financial meltdown of 2008-2009? Was it a Black Swan event or, rather, analogous to the next big California earthquake--something you know will happen though you don't know when? 2. As you point out, financial innovation created the opportunity. But it also scientification of risk made it easier for people to believe they could control it. Any thoughts? 3. So far we've been talking about the financial sector. Aren't the challenges that industrial companies face very different?.Printed journal. Five experts discuss the future of enterprise risk management, with: Robert S. Kaplan , Anette Mikes, Robert Simons, Peter Tufano, and Michael Hofmann