Enterprise Risk Management Gets Elevated Again

 

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Enterprise risk management (ERM) has evolved as a discipline over the last decade, with successive waves of corporate governance reform providing continued momentum. The early rounds of reform were sparked by major accounting frauds. More recently, financial system instability and economic turmoil triggered new legislation (Dodd-Frank). In this article, originally published in Business Finance magazine, Mary Driscoll explains that it is now crucial to strengthen ERM policies, processes, and systems to keep an organization on the right side of evolving legislation.

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