The author outlines the reasons why management risk must be
examined within the perspective of each company's business
challenges. He suggests there is a synergy between shareholder
value and business ethics. He also underlines the importance of
honesty, the risks associated with short-sighted management and
over-centralization, the benefits of innovative strategies and
senior management's accountability for reliable financial
reporting. The text is based on an extensive research project done
by the author between 2000 and 2002 in the US, the UK, France,
Italy and Switzerland.
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