TY  - BOOK
AU  - Jankensgard, Hakan
AU  - Kapstad, Petter
TI  - Empowered enterprise risk management: theory and practice
SN  - 9781119700159
U1  - 658.155	 
PY  - 2021///
CY  - New Jersey
PB  - John Wiley & Sons, Inc.
KW  - Organizational effectiveness
KW  - Risk management
N1  - TABLE OF CONTENTS
Preface ix

Chapter 1: Introduction to Empowered Enterprise Risk Management 1

Chapter 2: Risk Defined 12

Chapter 3: Risk Theory 29

Chapter 4: Risk Culture 46

Chapter 5: Risk Governance 60

Chapter 6: Risk Register 78

Chapter 7: Risk Response 95

Chapter 8: Risk Appetite 116

Chapter 9: Risk Budgeting 132

Chapter 10: Risk Strategy 148

Chapter 11: Risk in Practice: The Case of Equinor 166

Chapter 12: Concluding Remarks 191

Bibliography 199

Acknowledgements 203

Index 205
N2  - In this book, two experts on the topic raise the question of why many ERM programmes end up as box-checking silos with almost no connection to important decision-making processes, whereas others are empowered and end up having a profound impact on the firm’s culture, governance structures, and strategy process. The book establishes a path to empowered ERM by drawing on insights from theory and hard-won lessons from practice. Success factors enabling this transition are thoroughly discussed in a start-to-finish narrative describing the theoretical underpinnings of ERM, its proven best practices, and onto more advanced topic such as risk budgeting and the integration of ERM into strategic decision-making
ER  -