Spedding L., Rose A. Business Risk Management Handbook. A Sustainable Approach

CIMA, 2007. — 768 p. — ISBN13: 978-0750681742; ISBN10: 0750681748.It is now seen as essential that all businesses assess their exposure to business risk especially in relation to value creation. This book explains the practical links between risk management and the impact it has on the value of your business. It offers vital, accessible and timely tools to assist you in making an immediate difference to the core value of your business and thereby satisfy the demands of an ever increasing range of stakeholders.This book will help you:
Discover how risk exposure can have a financial impact on your business.
Make your business become more sustainable financially, socially and environmentally.
Learn how to apply knowledge fast with this practical guide to risk management issues.The sustainable approach covered by this book spans business survival to more recent issues, such as the use of energy and natural resources. It highlights the value of a more enlightened approach throughout an organization. In doing so the book explains the practical links between risk management and the impact on value using the Sustainable and Economic Risk Management (SERM) methodology which considers: inherent risk, management of risk, residual risk exposure.A Sustainable Enterprise Risk Management (SERM) system.
Drivers and trends in sustainability risk management.
Background to key aspects of legal risk management.
The relevance of due diligence.
Risk and corporate organisational areas: an overview.
Economic crime, bribery and corruption.
Business interruption and risk management.
Shareholder value and reputational risk.
Corporate power, business and marketing risks.
Information technology (IT) and e-commerce: issues of risk management and corporate governance.
Social and business ethic risk overview.
Social and cultural risk management.
Human resources risk (human rights inside the workplace).
Human rights outside the workplace.
Health and safety in the workplace.
Health and safety of stakeholders and customers.
Environmental risk management.
Aspects of environmental risk.
Climate change – air pollution risk.
UK corporate governance: reforms in the wake of corporate failures and the Enron case study.
Legal risk management in the US – the United States’ response to the Enron collapse.
Corporate responsibility, corporate governance and emerging jurisdictions.
Conclusions and future trends.