Effective risk management within organisations can only be achieved when
staff are willing to engage in risk management activities to achieve the board’s risk taking and control objectives. In short, risk management cannot be
effective if it is not embedded.
The research shows that although the case study organisations had similar risk
management objectives, the paths they took to embedding risk management varied according to the external environment in which they operated and a range of internal factors, such as leadership tone and the success or failure of past risk management initiatives. Organisational paths varied in the risk management mechanisms used and, in particular, the formality or informality of these mechanisms.
|Commissioning body||Association of Chartered Certified Accountants|
|Number of pages||40|
|Publication status||Published - 13 May 2019|
- risk management