Enterprises are increasingly incorporating risk management functions into their operations. This is usually accomplished by establishing a board-level risk committee, hiring a chief risk officer (CRO) or both. There are some positive effects associated with having these roles, and the following study shows the association between these positions and the characteristics of public risk disclosure statements.
This document was originally published in ISACA Journal by ISACA. Copyright restrictions may apply. https://www.isaca.org/resources/isaca-journal/issues/2020/volume-3/risk-management-strength-and-financial-disclosure-quality
Bailey, Cristina and Filzen, Joshua J.. (2020). "Risk Management Strength and Financial Disclosure Quality". ISACA Journal, 3.