The Future of Risk Management
| September 22, 2011 | to | September 23, 2011 |
Helsinki, Finland
Given the tremendous advances in financial risk measurement, why did risk management fail in large and complex financial institutions prior to the global financial crisis? Problems have been identified at least in 1) corporate governance as regards the position and true influence of risk management and in 2) risk measurement methodologies. Related to the first, compensation structures have a close connection with risk taking incentives and hence have a strong bearing on risk management. Read more »