The Evolution of the role of risk communication in effective risk management

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      <subfield code="a">The Evolution of the role of risk communication in effective risk management</subfield>
      <subfield code="c">Norma L. Nielson, Anne E. Kleffner and Ryan B. Lee</subfield>
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      <subfield code="a">Risk management has evolved significantly over the past decades causing dramatic changes in the communication channels required to effectively handle the ever-changing risks a firm faces. The first generation of risk management deal primarily with risks inside a company creating a need for internal risk communication, and the second, which arose with the growth in third-party liability claims, involved many more stakeholders external to the company and forced the risk management function to deal with communications to these external parties. The third generation, involves the board and senior management in the risk communication function</subfield>
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      <subfield code="t">Risk management and insurance review</subfield>
      <subfield code="d">New York : The American Risk and Insurance Association</subfield>
      <subfield code="g">Vol. 8, nº 2 Fall 2005 ; p. 279-289</subfield>
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