Increasing the disclosure of information to shareholders regarding risk management
Journal Title: Journal of Management and Business Administration. Central Europe - Year 2011, Vol 19, Issue 6
Abstract
The financial crisis of 2007 is often seen as a result of lax risk management on the part of financial institutions. The ensuing regulatory discussion has lead to new rules being developed in the USA and the UK that enhance the disclosure of risk management actions in companies. This article presents an analysis of the current debate. The goal of the article is to discuss alternative approaches, benefits and costs of increased disclosure in the area of risk management.
Authors and Affiliations
Karol Klimczak, Małgorzata Kucharczyk,
Keywords
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