This article analyzes evolving institutions and practices of anticipatory risk governance in India, through the lens of two recent and highly controversial developments in governing genetically modified crops in Indian agriculture. These developments include, first, conflicts over approving (or...

The notion "risk governance" refers to an integrated concept on how to deal with complex, ambiguous and uncertain impacts in particular. The notion of governance pertains to the many ways in which all relevant actors, individuals and institutions, public and private, deal with interventions that...

The notion “risk governance” refers to an integrated concept on how to deal with public risks in general, and so-called complex, ambiguous and uncertain risks in particular. These ideas have been informed by interdisciplinary research drawing from sociological and psychological research on...

This paper focuses on the defining the role of CRO in corporate governance and to show the interrelation between the way of CRO subordination and performance of investment bank. The sample consists of observations over a period of 2011 for 29 biggest investment banks (by amount of assets)...

Many firms use the “3 lines of defense” (3LOD) model to clarify responsibility for risk management but this approach has limitations, as three distinct “lines” do not always enable sufficient clarity, mindsets formed through deployment in one business can be difficult to break when...

Purpose This paper aims to determine why so many banks do not recognize in a timely manner the inherent risks and imbalances with their risk/reward decision trade-offs, to elevate the risk conversation by embracing a more strategic and adaptive behavioral perspective and to show how an effective...

Purpose – The purpose of this paper is to investigate the association between risk governance and bank performance in a country where disclosure of risk information is virtually voluntary. Design/methodology/approach – Using 210 bank-year observations comprising hand-collected data for the...

Purpose The purpose of this paper is to apply the concept of framing in the field of risk governance and risk management research. Design/methodology/approach A five-constituent approach to framing – cognitive, strategic, action, emotional and institutional framing – is applied to...