Enterprise Risk Management: From Incentives to Controls

A fully revised second edition focused on the best practices of enterprise risk management Since the first edition of Enterprise Risk Management: From Incentives to Controls was published a decade ago, much has changed in the worlds of business and finance. That's why James Lam has returned with a new edition of this essential guide. Written to reflect today's dynamic market conditions, the Second Edition of Enterprise Risk Management: From Incentives to Controls clearly puts this discipline in perspective. Engaging and informative, it skillfully examines both the art as well as the science of effective enterprise risk management practices. Along the way, it addresses the key concepts, processes, and tools underlying risk management, and lays out clear strategies to manage what is often a highly complex issue.

Book contents:

  1. Introduction

  2. Lessons Learned

  3. Concepts and Processes

  4. What Is ERM?

  5. Corporate Governance

  6. Line Management

  7. Portfolio Management

  8. Risk Transfer

  9. Risk Analytics

  10. Data and Technology

  11. Stakeholder Management

  12. Credit Risk Management

  13. Market Risk Management

  14. Operational Risk Management

  15. Business Applications

  16. Financial Institutions

  17. Energy Firms

  18. Non-Financial Corporations

  19. Predictions

  20. Everlast Financial

  21. Role of the Board

  22. Risk Assessment

  23. Risk-Based Decision Making

  24. Dashboard Reporting