Avoiding the Value Killers

April 2005
Treasury & Risk Management;Apr2005, Vol. 15 Issue 4, p11
The article informs that enterprise risk management may be all the rage, but a recent study by Deloitte & Touche LLP points up some holes in the way corporations manage their risks. Its assessment of companies that suffered big stock sell-offs over the last 10 years, and the events that triggered those losses, found that almost 80 percent of the 100 companies with the biggest losses had been hit by two or more risks that were interrelated. Looking at the types of risks encountered by the 100 companies with the biggest losses, Deloitte found that just 37 of the companies had encountered financial risks, while 61 experienced operational risks, 62 external risks and 66 strategic risks.


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