The risk management of nothing
By Michael Power. 2009
543 citations recorded by the source corpus.
Subfields: Finance
View Paper: https://www.semanticscholar.org/paper/d998e0fd2c39572b48b058904273a96452294031
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Citations in the corpus
- Accounting, Organizing, and Economizing: Connecting Accounting Research and Organization Theory (2013, unknown): “In the former case, accounting is promoted to constitute the economic autonomy of hospitals; in the latter case accounting is regarded as having misrepresented the autonomy of banks, specifically the interconnectivity risk (Power, 2009).”
- The Adoption and Design of Enterprise Risk Management Practices: An Empirical Study (2012, background): “…biases and situational and path dependencies in risky choice problems (e.g. Thaler and Johnson, 1990; Tversky and Kahneman, 1992; see also Power, 2009).8 These divergent positions feed into the second research question: Q2: Does explication and quantification of risk tolerance improve…”
- Supply Chain Risk Management in Financial Crises – A Multiple Case-Study Approach (2011, unknown): “, Scholes, 2000), the present struggles, with one of the most severe financial downturns since the Great Depression, demand a new approach to risk management (Ariba, 2009; Power, 2009).”
- Management Accounting Research in the Wake of the Crisis: Some Reflections (2011, background): “But how does management determine, or set, the level of risk that the organization can, or is willing, to assume – a question that alludes to the ill-understood, yet increasingly referenced idea of ‘risk appetite’ (Power, 2009 ).”
- From counting risk to making risk count: Boundary-work in risk management (2011, background): “The financial disasters of 2008-2009 convinced some observers that counting-focused, model-based risk management has failed (Power, 2009).”
- Corporate social responsibility engagement and firm performance in Asia Pacific: The role of enterprise risk management (2019, background): “Nevertheless, this approach led to suboptimal outcomes owing to managing one risk at a time while overlooking the interrelatedness of risks (Grace et al., 2015; Hoyt & Liebenberg, 2011; Power, 2009).”