Risk Management at Board Level – A Practical Guide for Board Members

The increased focus on fraud and corruption risks has made regulators take a sterner look at the way risks are being managed within organizations, especially in large firms. This book discusses the role of the board of directors and the executive management in embracing the new risk landscape and offers a practical toolkit to create systematic and effective risk management.
- Board Views
From Corporate Governance of Sustainability to Sustainable Corporate Governance
What is the best way to integrate sustainability into the corporate governance framework? Boards of directors have chosen two distinct paths: the functional way, which focuses on corporate governance of sustainability, and the foundational approach, which leads to sustainable corporate governance. This article assesses the merits and limitations of both approaches and calls for a transition to sustainable governance. This requires board members to engage regularly with stakeholders and to continuously debate the underlying assumptions to further develop the governance framework as required.