Centro de Documentacion de Fundación MAPFRE - The Value of corporate risk management empirical evidence from large U.K. companies

Publication: Liège : EURO : University of Liège, 1994Physical description: 8 p. ; 30 cmNotes: Donación de AGERSPonencia presentada en "Risk management : 4th Mini Euro-Conference : A meeting place for indutries companies and universities", celebrada en Liège, 4 al 6 mayo de 1994, organizada por EURO y University of LiègeSumario: This paper attempts to explain why large UK corporation undertake risk management in order to control the impact of fortuitous loss. Empirical results are based on a postal questionnaire survey of 127 risk and finance manager selected from a sample of the 350 largest UK companies. Although the results confirm a widespread agreement on the importance of risk management, particulary in connection with risks affecting third parties, there is no apparent relationship between risk management objectives and the financial characteristics or operating environmental of the firm. The inability to explain inter-firm differences in risk management practice suggests that such differences are due to variations in non-financial characteristics such as organisational culture and managerial behaviourMateria / lugar / evento: Gerencia de riesgos Gran Bretaña Empresas Seguro de pérdida de beneficios Encuestas Análisis empírico Unión Europea Conferencias Documento AGERS Otros autores: Diacon, Stephen R.
European Association of Operational Research Societies
University of Liège
Mini Euro-Conference (4th: 1994: Liège)
Other categories: 7