Enterprise Risk Management : Modern Approaches to Balancing Risk and Reward, ...

Description: Enterprise Risk Management : Modern Approaches to Balancing Risk and Reward, Paperback by Hunziker, Stefan, ISBN 365833522X, ISBN-13 9783658335229, Brand New, Free shipping in the US This 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.

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Location: Jessup, Maryland

End Time: 2025-01-13T12:32:29.000Z

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