From Wall Street Journal “Boards of directors are working hard to define and fulfill their risk governance and risk oversight roles and responsibilities. The changing economic, business, competitive and regulatory landscapes ensure that this work will continually evolve, so staying abreast (or ahead) of developments is the order of the day. Within that context, and given competing responsibilities, boards need to direct their risk oversight efforts toward the most productive areas and assist management in ways that most benefit shareholders and other stakeholders.
Stephen Alogna, director, Deloitte & Touche LLP, discusses ways in which boards of directors can sharpen their focus on risk. Further below, Dan Konigsburg, managing director of the Deloitte Global Center for Corporate Governance, Deloitte Touche Tohmatsu Limited (DTTL), takes a closer look at global practices regarding board-level risk committees.”
read more>>