Risk Management

Founded in January of 1954, Risk Management is a monthly magazine that features news and industry analysis for corporate risk managers. The magazine has a circulation of 16,000 readers and is published by the Risk and Insurance Management Society Inc. Morgan O'Rourke is Editor-in-Chief. Jared Wade is Editor. Bill Coffin is Publisher/Editorial Director.

Articles from Vol. 41, No. 7, July

At Rust-Oleum, Risk Never Sleeps
Chemical companies aren't often considered the environment's best friend, but Rust-Oleum Corp. would like to change all that. The chemical products manufacturer, based in Vernon Hills, IL, is taking a broad, proactive environmental approach to product...
CEO Risk Management Mandate
THE ANTICIPATION OF POTENTIAL RISKS TO THE FIRM IS A key responsibility of executive management. Stockholders expect their assets to be diligently protected from losses that could have been foreseen and avoided. Such loss can arise not only from recognized...
CEO Risk Management Mandate
The anticipation of potential risks to the firm is a key responsibility of executive management. Stockholders expect their assets to be diligently protected from losses that could have been foreseen and avoided. Such loss can arise not only from recognized...
Close Encounters with Public Image
Public image is increasingly regarded as a risk. Companies fall under such intense scrutiny that one false move can spell significant loss of market share. There are several basic types of image risk, according to Guy Lamand, corporate risk manager...
Close Encounters with Public Image
Public image is increasingly regarded as a risk. Companies fall under such intense scrutiny that one false move can spell significant loss of market share.There are several basic types of image risk, according to Guy Lamand, corporate risk manager for...
Coping with Change through Derivatives
Innovation -- in finance as in any business -- is a response to change, and highly constructive when it fills a genuine need. Derivatives meet this test. They are useful tools for managing risk in a complex, volatile world. That's why derivatives transactions...
Corporations Pressed for SEC Disclosure
The heat is on corporations to disclose their environmental liabilities to investors and the general public. Corporations must now provide detailed disclosure on their financial statements of their existing and potential environmental liabilities under...
Flying High in Corporate Jets
Having a corporate jet is still seen by ny companies fly the ultimate convenience. But convenience comes with a price that has recently taken off. "Liability has evolved to the point where if a company has any contact with an accident, it or its officers...
Global Strategies and Changing Risk Configurations
Fueled by a rapidly evolving global economy, corporations -- led by their chief executive -- are expanding their reach to more countries than ever before. Global mergers and acquisitions, divestitures, plant closings, investments and other international...
Hang Up on Fraud
Thanks to the cellular phone, executives can now be reached anywhere, anytime, even when they are most inaccessible. With more than 16 million cellular phone users and 14,000 customers added each day, cellular phones have become a way of life for people....
Hang Up on Fraud
Thanks to the cellular phone, executives can now be reached anywhere, anytime, even when they are most inaccessible. With more than 16 million cellular phone users and 14,000 customers added each day, cellular phones have become a way of life for people....
Integrating Environmental Risk into Corporate Strategy
The central role of executive management is the long-term strategic direction of the company by the creation of opportunities and preservation of essential assets. Nowhere is this challenge greater than in managing the incredibly complex and varied...
Keeping the Corporation Green
It's not easy being green. Today, "green" means that corporations pay an estimated $30 billion lion in annual environmental regulatory compliance costs. And if trends persist, the costs will continue to rise. There are more than 80,000 pages of environment-related...
Lost Secrets = Lost Profits
Item: Two foreign executives are arrested for paying $40,000 to an FBI agent posing as an employee of a U.S. petrochemical company for important information regarding blueprints of the firm's new plant. Item: A consumer electronics firm expanding into...
Managing the Business Risk of Health Care
With government reform initiatives and providers anxious to secure market position, the management of health care requires a multifaceted approach and new form of expertise. Credit government for raising the issue of health care to a public debate....
Perilous Securities Class Action Lawsuits
The news struck like a thunderbolt A minority shareholder, unhappy with the drop in the company's stock price, retained a law firm and filed a class action lawsuit. The allegation was that senior management withheld information that the company's stock...
Political Risk and the Euphoria of Emerging Markets
Lured by investment returns that are many times greater than those achieved domestically, corporations are investing heavily in countries where the risks were until only recently deemed too great. From an investor's point of view, these developing...
Risk Management with Derivative Financial Products
The entire financial market, its instruments and all of its players are in a sea of change. This dynamic environment will continue being fairly unpredictable in the near future. This is particularly true with off-balance sheet financial instruments...
Taking the Risk out of Derivatives
Derivative products serve many important purposes for corporations, institutional investors and other end-users. Used properly, derivatives are powerful and efficient tools for, among other things, lowering funding costs, enhancing investment returns...
Target: CEO
Multinational companies aiming to reap the economic rewards of business in emerging and established world markets now face serious security risks. Almost every major emerging business market, from Latin America to Europe to Asia, has its fair share...
Target: CEO
Multinational companies aiming to reap the economic rewards of business in emerging and established world markets now face serious security risks. Almost every major emerging business market, from Latin America to Europe to Asia, has its fair share of...
The Directors & Officers Dilemma
Many if not most Europeans still consider directors' and officers' liability to be a U.S. problem. This is no longer true. For example, in France each year, according to American International Group, Inc., more than 3,000 company managers are sentenced...
The Educator's Approach to Risk
From derivatives to product defects, today's business schools are teaching the world's future leaders to recognize and manage the full gamut of risks. A sizable number of risk-oriented subjects revolve around financial risks. For example, the Harvard...