Corporate Boards - Managers of Risk, Sources ofRisk
Buy Rights Online Buy Rights

Rights Contact Login For More Details

  • Wiley

More About This Title Corporate Boards - Managers of Risk, Sources ofRisk

English

Corporate Boards: Managers of Risk, Sources of Risk deals with the highly timely topic of the Corporate Board and its relationship to risk, both in terms of its management and its creation.

  • Utilizes a multi-disciplinary perspective which draws on the fields of economics, law, business ethics, and corporate social responsibility
  • Features a range of topics including the role of corporate boards in overseeing increasingly complex risk management techniques and the ethical dimensions of corporate board behavior in managing risk
  • Of interest to students, scholars, and firm stakeholders
  • Explores how recent events have also shown that the members of Corporate Boards can be sources of risk

English

Robert W. Kolb has taught at the University of Florida, Emory University, the University of Miami, the University of Colorado, and Loyola University Chicago, where he currently serves as Professor of Finance and holds the Frank W. Considine Chair of Applied Ethics. Kolb is the author or co‑author of more than 50 research articles and 25 finance texts on topics including financial derivatives, investments, corporate finance, and financial institutions. He recently edited the Encyclopedia of Business, Society, and Ethics (2007). Kolb also founded Kolb Publishing, Inc., which published finance and economics university texts and was acquired by Blackwell Publishing, now part of John Wiley & Sons, Inc.


Donald Schwartz is Professor of Finance at Loyola University Chicago where he directs the Center for Integrated Risk Management and Corporate Governance and the M.S. in Finance program. Donald holds a Ph.D. from Purdue University. Prior to coming to Loyola, Donald was a Senior Executive with Chase Manhattan Banking Corporation and two subsidiaries of Cargill Incorporated. He has worked extensively with corporations and governments to design and execute market and financial risk programs.

English

Notes on Contributors.

Preface.

Introduction (Robert W. Kolb) (Loyola University Chicago) and (Donald Schwartz) (Loyola University Chicago)

Part I: A Factual Basis.

1. The Relationship Between Boards of Directors and their Risk Management Organizations: Are Standards of Best Practice Emerging? (Michael A.M. Keehner) (Columbia Business School) and (David R. Koenig) (Ductilibility, LLC)

Part II: Is Risk Management by Corporate Boards Even Possible?

2. Risk Management, Chaos Theory, and the Corporate Board of Directors (Michael Potts) (Methodist University)

3. Anti-Social Norms, Risky Behavior (Reza Dibadj) (University of San Francisco)

4. Time-Inconsistent Boards and the Risk of Repeated Misconduct (Manuel A. Utset) (Florida State University College of Law)

5. Discussion (Sridhar Ramamoorti).

Part III: Board Structure and the Management of Risk.

6. Theories of Governance and Corporate Moral Vulnerability (Greg Young) (North Carolina State University) and (Steve H. Barr) (North Carolina State University)

7. Mitigating the Exposure of Corporate Boards to Risk and Unethical Conflicts (Shann Turnbull) (International Institute for Self-Governance)

8. Supervisory Board and Financial Risk-Taking Behaviors in Chinese Listed Companies (Zhenyu Wu) (University of Saskatchewan), (Yuanshun Li) (Ryerson University), (Shujun Ding) (York University), and (Chunxin Jia) (Peking University)

9. Discussion (David R. Koenig) (Ductilibility, LLC)

Part IV: Corporate Boards and the Management of Specific Risks.

10. Entity-Level Controls and the Monitoring Role of Corporate Boards (Donna J. Fletcher) (Bentley University), (Mohammad J. Adbolmohammadi). (Bentley University), and Jay C. Thibodeau (Bentley University)

11. Do Corporate Boards Care About Sustainability? Should They Care?(Steven Swidler) (Auburn University) and (Claire E. Crutchley) (Auburn University)

12. Executive Risk Taking and Equity Compensation in the M&A Process (William J. Lekse) (University of Michigan Dearborn) and (Mengxin Zhao) (University of Alberta)

13. Discussion (Tom Nohel) (Loyola University Chicago)

Part V: Corporate Boards, Risk Management, and the Ethical Firm.

14. The Ethics of Risk Management by a Board of Directors (Duane Windsor) (Rice University)

15. Assurance and Reassurance: The Role of the Board (Barry M. Mitnick) (University of Pittsburgh)

16. Risk Disclosure and Transparency: Toward Corporate Collective and Collaborative Informed Consent (Denise Kleinrichert) (San Francisco State University) and Anita Silvers (San Francisco State University)

17. Discussion (John R. Boatright) (Loyola University Chicago)

Index.

loading