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Boardroom strategies for managing risks and preventing frauds

Boardroom strategies for managing risks and preventing frauds

Coulson-Thomas, Colin (2017) Boardroom strategies for managing risks and preventing frauds. In: 17th International Conference on Corporate Governance and Sustainability, 25 October 2017, Millennium Hotel London Mayfair, 44 Grosvenor Square, London W1, (UK).

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Abstract

Directors are expected to be entrepreneurial while at the same time exercising prudent control. Enterprise and control are two sides of the directorial coin. Considers whether risk management professionals should do more in support of creativity, innovation, enterprise and entrepreneurship before turning to some cyber security and fraud control issues and dilemmas relating to data security breaches, the internet of things, protecting customer communications, and data sharing with collaborators and law enforcement agencies.

There are many other areas in which directors have to balance contending considerations and the two sides of the directorial coin. Resilient systems, quick responses, competent directors, effective boards and relevant support can all help us to ensure that business development is sustainable and secure.

Speech delivered on 25th October 2017 at the 17th International Conference on Corporate Governance and Sustainability held in the Ballroom at the Millennium Hotel London Mayfair, 44 Grosvenor Square, London W1, (UK)

Item Type: Conference or Conference Paper (Speech)
Uncontrolled Keywords: Directors Dilemmas, Governance, Corporate Governance, Risk, Risk management, Sustainability, Responsible business, Collaboration, Integrated thinking, Holistic approaches, Support tools, Cyber security, Fraud, Trust, Role of business
Faculty / Department / Research Group: Faculty of Business
Faculty of Business > Department of Human Resources & Organisational Behaviour
Related URLs:
Last Modified: 11 Jun 2019 11:17
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
URI: http://gala.gre.ac.uk/id/eprint/17958

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