Assessing the Climate for Enterprise Risk Management in India
The Conference Board Research Report No. E-0016-08-RR
32 Pages Posted: 23 Sep 2008 Last revised: 11 Jan 2009
Date Written: April 1, 2008
As Indian firms expand beyond national borders, they are increasingly exposed to a new array of strategic and operational risks, including those derived from different geopolitical and cultural contexts. This study is the result of research conducted by The Conference Board in late 2007 and early 2008. It looks at the state of risk management integration in India-based corporations and examines emerging governance practices in this area by four leading corporations: Tata Motors Ltd.; Tata Chemicals Ltd.; Dr. Reddy's; and ICICI Bank.
Keywords: India, risk management, corporate governance
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