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Sunday, 07 September 2008
 
 

Playing it Safe With Corporate Risk Management

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Playing it Safe With Corporate Risk Management

The practice by which a firm optimizes the manner in which it takes business risks is called risk management. It includes monitoring of risk taking activities, upholding relevant policies and procedures and distributing risk-related reports. The scope of Corporate Risk Management extends to the risks of non-financial corporations and financial institutions that are not engaged in trading or investment management.
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