SHORT TAKES

Abstract

According to a recent Arthur Andersen study, only 5% of senior executives have absolute confidence that they can identify, control, or manage business risk. However, the study pointed to a number of “red flags” that can alert these executives to the dangers ahead: failing to link business risk to its effect on shareholder wealth; solely focusing on internal accounting risk control; failing to create a CEO‐supervised systematic approach to source, measure, and monitor risks.

Citation

(1995), "SHORT TAKES", Journal of Business Strategy, Vol. 16 No. 5, pp. 3-4. https://doi.org/10.1108/eb039715