Enterprise Risk Management: Advances on its Foundation and Practice

Enterprise Risk Management: Advances on its Foundation and Practice relates the fundamental enterprise risk management (ERM) concepts and current generic risk assessment and management principles that have been influential in redefining the risk field over the last decade. It defines ERM with a particular focus on understanding the nexus between risk, uncertainty, knowledge and performance.

The book argues that there is critical need for ERM concepts, principles and methods to adapt to the l...