Organized Uncertainty: Designing a World of Risk ManagementOUP Oxford, 2007 M05 24 - 268 páginas Since the mid-1990s risk management has undergone a dramatic expansion in its reach and significance, being transformed from an aspect of management control to become a benchmark of good governance for banks, hospitals, schools, charities and many other organizations. Numerous standards for risk management practice have been produced by a variety of transnational organizations. While these many designs and blueprints are accompanied by ideals of enterprise, value production, and good governance, it is argued that the rise of risk management has also coincided with an intensification of auditing and control processes. The legalization and bureacratization of organizational life has increased because risk management has created new demands for proof and evidence of action. In turn, these demands have generated new risks to reputation. In short, this important book traces the rise of the managerial concept of risk and the different logics and values which underpin it, showing that it has much less to do with real dangers and opportunities than might be thought, and more to do with organizational accountability and legitimacy. |
Contenido
An Introduction | 1 |
The Rise of Internal Control | 34 |
Making up Processes and People | 66 |
The Invention of Operational Risk | 103 |
The Outside Comes in | 128 |
Legalization and Organization | 152 |
7 Designing a World of Risk Management | 183 |
References | 204 |
233 | |
Otras ediciones - Ver todas
Organized Uncertainty: Designing a World of Risk Management Michael Power Vista previa limitada - 2007 |
Organized Uncertainty: Designing a World of Risk Management Michael Power Sin vista previa disponible - 2007 |
Términos y frases comunes
Accounting activities approach areas argued audit auditors Bank Basel basis become bodies calculative capital challenge Chapter Committee communication concept concerns construction corporate COSO created critical culture demands deWned discourses discussed distinctive diVerent economic emergence enterprise environment eVectiveness eVorts example existing expectations external Financial focus formal framework function governance ideal ideas important increasingly individuals institutional institutionalized interest internal control issues Journal kind knowledge logic London management systems managerial measurement namely nature norms operational risk opportunity organizational organizations particular political possible Power practice principles production rational regulation regulatory reporting represent reputation responsibility rise risk analysis risk management risk objects risk-based role signiWcance social Society speciWc stakeholder standards strategy studies suggests technical theory tions uncertainty University Press Weld Wnancial