Risk Oversight Practices: Two Success Stories

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Publication Date:
January 24, 2011
In a series of recent interviews with directors of publicly held U.S. companies, The Conference Board gained important insights on how boards can be instrumental in adding value to risk management oversight. The case studies (Papa John’s International and NewStar Financial) discussed in this report illustrate the value and rigor that boards can infuse into the company’s enterprise risk management (ERM) program. This report explains how strong alignment of risk understanding and support from the board has been crucial to each company’s performance in challenging times.