2012
Chief Risk Officer & Enterprise Risk Management – How to Expect Unexpected
MLADENOVIĆ, DušanBasic information
Original name
Chief Risk Officer & Enterprise Risk Management – How to Expect Unexpected
Authors
MLADENOVIĆ, Dušan (688 Serbia, guarantor, belonging to the institution)
Edition
Zagreb, Proceedings of the 1st International Internet & Business Conference, p. 79 - 84, 6 pp. 2012
Publisher
BIT Society; Faculty of Economics & Business - University of Zagreb
Other information
Language
English
Type of outcome
Proceedings paper
Field of Study
50200 5.2 Economics and Business
Country of publisher
Croatia
Confidentiality degree
is not subject to a state or trade secret
Publication form
storage medium (CD, DVD, flash disk)
RIV identification code
RIV/00216224:14560/12:00107066
Organization unit
Faculty of Economics and Administration
ISSN
Keywords in English
risk management; risk management process; chief risk officer; CRO; ER;
Tags
International impact, Reviewed
Changed: 14/3/2020 23:20, Ing. Dušan Mladenovič, Ph.D.
Abstract
In the original language
The recent crisis has highlighted many failures in traditional economics attempt to explain the way how market behaves. Hereby I would try, primarily using the theoretical approach, to bring you closer problematic and actuality of Chief Risk Officer and Enterprise Risk Management. One of the goals of the following few pages is to emphasize importance of these two categories and the increasing relevance of aforementioned. The objective of risk management is to reduce different risks related to a pre-selected domain to an acceptable level. Recent surveys showed that 39 % of the companies have already introduced CRO position. The question is should the rest follow them? Further, ERM system considers a variety of risk and their influences on overall firm’s performance. Which specific benefits could the company expect of introducing ERM?