Easing tensions at the top.

Financial ExecutiveVol. 26 Nbr. 8, October 2010

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Summary


BOARDS OF DIRECTORS

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Easing tensions at the top.

Many management teams and boards have become increasingly engaged in assessing and balancing the risks their enterprises face. This can heighten tension between management and the board, particularly as the board asserts or reasserts its risk oversight role. This tension is not new. It arises naturally although it tends to escalate in times of heightened risk and economic turbulence.

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When tension does escalate, it is best to b...

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