Legal approach to risk management companies


Abstract in English

The risk management one of the most important pillars of corporate governance, and play an important role in protecting the company from external threats and opportunities exist to achieve the objectives of the company, and in order to fulfill its duty to the fullest risk management need to follow a legal approach in their work, or guided by the principles and standards set by organizations or committees international protection for the sector given as a committee of the Basel to protect the banking business, as the general principles of risk management is to identify, evaluate and measure and control the risks according to specific strategy adopted risk management, and can therefore risk management in companies that take the general rules laid down by the international committees to suit the nature of its business.

References used

Holmes , A2002- Risk Management . First Published , Capstone Publishing
2004 - The Orange Book (Management of Risk-Principles and Concepts). HM Treasury , London

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