A Short Guide to Risk Appetite

Business & Finance, Business Reference
Cover of the book A Short Guide to Risk Appetite by David Hillson, Ruth Murray-Webster, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: David Hillson, Ruth Murray-Webster ISBN: 9781351961547
Publisher: Taylor and Francis Publication: March 2, 2017
Imprint: Routledge Language: English
Author: David Hillson, Ruth Murray-Webster
ISBN: 9781351961547
Publisher: Taylor and Francis
Publication: March 2, 2017
Imprint: Routledge
Language: English

How much risk should we take? A Short Guide to Risk Appetite sets out to help all those who need to decide how much risk can be taken in a particular risky and important situation. David Hillson and Ruth Murray-Webster introduce the RARA Model to explain the complementary and central roles of Risk Appetite and Risk Attitude, and along the way they show how other risk-related concepts fit in. Risk thresholds are the external expression of inherent risk appetite, and the challenge is how to set the right thresholds. By progressively deconstructing the RARA Model, the authors show that the essential control step is our ability to choose an appropriate risk attitude. The book contains practical guidance to setting risk thresholds that take proper account of the influences of organisational risk culture and the individual risk preferences of key stakeholders. Alongside this, individuals and organisations need to choose the risk attitude that will optimise their chances of achieving the desired objectives.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

How much risk should we take? A Short Guide to Risk Appetite sets out to help all those who need to decide how much risk can be taken in a particular risky and important situation. David Hillson and Ruth Murray-Webster introduce the RARA Model to explain the complementary and central roles of Risk Appetite and Risk Attitude, and along the way they show how other risk-related concepts fit in. Risk thresholds are the external expression of inherent risk appetite, and the challenge is how to set the right thresholds. By progressively deconstructing the RARA Model, the authors show that the essential control step is our ability to choose an appropriate risk attitude. The book contains practical guidance to setting risk thresholds that take proper account of the influences of organisational risk culture and the individual risk preferences of key stakeholders. Alongside this, individuals and organisations need to choose the risk attitude that will optimise their chances of achieving the desired objectives.

More books from Taylor and Francis

Cover of the book Encyclopedia of Literature and Criticism by David Hillson, Ruth Murray-Webster
Cover of the book Fiscal Policy in Underdeveloped Countries by David Hillson, Ruth Murray-Webster
Cover of the book Regional Economic Development by David Hillson, Ruth Murray-Webster
Cover of the book Nuclear Waste Management and Legitimacy by David Hillson, Ruth Murray-Webster
Cover of the book Japanese Capitalism in Crisis by David Hillson, Ruth Murray-Webster
Cover of the book The Worst of Times by David Hillson, Ruth Murray-Webster
Cover of the book British Empirical Philosophers (Routledge Revivals) by David Hillson, Ruth Murray-Webster
Cover of the book Thinking Skills and Problem-Solving - An Inclusive Approach by David Hillson, Ruth Murray-Webster
Cover of the book The Persistence of History by David Hillson, Ruth Murray-Webster
Cover of the book Managing Nongovernmental Organizations by David Hillson, Ruth Murray-Webster
Cover of the book The New Member States and the European Union by David Hillson, Ruth Murray-Webster
Cover of the book In Garageland by David Hillson, Ruth Murray-Webster
Cover of the book Routledge Encyclopaedia of Educational Thinkers by David Hillson, Ruth Murray-Webster
Cover of the book Confronting Right Wing Extremism and Terrorism in the USA by David Hillson, Ruth Murray-Webster
Cover of the book Roma in Europe by David Hillson, Ruth Murray-Webster
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy