High visibility

Article Abstract:

Corporate risk managers are facing pressure from chief financial officers, corporate attorneys and board members due to a series of financial scandals and the implementation of stricter corporate governance regulations demanding greater accountability. The negative trend like corporate mischief has helped risk managers gain the much sought after attention and also illuminated the need for a risk manager, sensitive to the inner working of the company.

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Where the buck stops

Article Abstract:

With regulators across the globe stressing on corporate governance, financial services companies are under increasing pressure to comply. However, a study of corporate governance practices in some big financial firms, by Ernst & Young, reveals that many companies are not meeting the latest standards.

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Risk becomes manageable

Article Abstract:

The number of risks being covered by US corporations at lower rates in the year 2001 are discussed. Rates for risk insurance have decreased in the 10 years since 1991.

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