Business ethics governance risk nmims pdf

  • What are the types of risk in corporate governance?

    Types of Risk

    Systematic Risk – The overall impact of the market.Unsystematic Risk – Asset-specific or company-specific uncertainty.Political/Regulatory Risk – The impact of political decisions and changes in regulation.Financial Risk – The capital structure of a company (degree of financial leverage or debt burden).

  • What is the relationship between governance and business ethics?

    Corporate governance rules are important because they outline a company's ethical beliefs and provide a working roadmap for a company's objectives and activities.
    In short, these plans affect and influence every aspect of a company's daily operations and management..

  • In simplistic terms, enterprise risk management is the process of identifying events that have the potential to threaten the entity and endanger business continuity.
    ERM is also designed to “provide reasonable assurance” to stakeholders that the entity will achieve its objectives.

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