Marshall, Alasdair; Ojiako, Udechukwu; Chipulu, Maxwell - In: International Journal of Organizational Analysis 27 (2019) 1, pp. 51-73
Purpose: Risk appetite is widely accepted as a guiding metaphor for strategic risk management, yet metaphors for complex practice are hard to critique. This paper aims to apply an analytical framework comprising three categories of flaw – futility, perversity and jeopardy – to critically...