Corporate Governance and Risk Management

It is clearly accepted that good governance is fundamental to the successfully continuing operating of any organisation. Corporate governance has gained tremendous importance in recent years, due to the developments brought about through globalisation concerning the harmonisation of procedures and structures and through the emergence of global norms for corporate governance. One factor which is significantly affected by such governance is that of risk assessment and management. Good governance reduces risk and facilitates its management. This is the focus of this book.

David Crowther PhD
Professor of Corporate Social Responsibility
www.davideacrowther.com

Shahla Seifi
www.shahlaseifi.com

1. Introduction

2. The principles of governance
2.1 Transparency
2.2 Rule of law
2.3 Participation
2.4 Responsiveness
2.5 Equity
2.6 Efficiency and Effectiveness
2.7 Sustainability
2.8 Accountability

3. The Principles of Corporate Governance
3.1 Good Governance
3.2 The development of reporting practice

4. Developing a framework for corporate governance
4.1 Introduction
4.2 Models of Governance
4.3 Governance systems and CSR

5. Globalisation and corporate governance
5.1 The Modern World

6. Corporate governance and stakeholders
6.1 Defining a stakeholder
6.2 Broadening the definition
6.3 Multiple stakeholding
6.4 The classification of stakeholders

7. The relationship between governance,
social responsibility and business success
7.2 The objectives of investors
7.2 Governance and performance

8. Risk management and Governance 8.1 Attitudes to risk 8.2 Managing risk 8.3 Risk Management Strategies 8.4 Risk probability profiles

9 Risk analysis: Calculating the cost of capital
9.1 Components of the cost of capital
9.2 Systematic risk
9.3 Unsystematic risk
9.4 The Capital Asset Pricing model
9.5 The cost of capital for a business
9.6 Regulation and its implications
9.7 Environmental Impact Reporting

10. Summary

References

Suggestions for further reading
12.1 Articles:
12.2 Books:

Endnotes