Click Here to Download: https://ouo.io/ghUCkR Enterprise Risk Management Modern Approaches to Balancing Risk and Reward By: Stefan Hunziker Publisher: Springer Gabler Print ISBN: 9783658253561, 3658253568 eText ISBN: 9783658253578, 3658253576 Copyright year: 2019 Format: EPUB Available from $ 74.99 USD SKU 9783658253578 This textbook demonstrates how Enterprise Risk Management creates value in strategic- and decision-making-processes. The author introduces modern approaches to balancing risk and reward based on many examples of medium-sized and large companies from different industries. Since traditional risk management in practice is often an independent stand-alone process with no impact on decision-making processes, it is unable to create value and ties up resources in the company unnecessarily. Herewith, he serves students as well as practitioners with modern approaches that promote a connection between ERM and corporate management. The author demonstrates in a didactically appropriate manner how companies can use ERM in a concrete way to achieve better risk-reward decisions under uncertainty. Furthermore, theoretical and psychological findings relevant to entrepreneurial decision-making situations are incorporated. This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.
