Rising expectations from stakeholders and a reformed legal environment have put pressure on corporations to assess the quality of their overall response to business risk issues. This report synthesizes inquiries conducted by The Conference Board Research Working Group on Enterprise Risk Management and examines:
• What ERM is and how it differs from traditional risk management solutions.
• How legislatures, regulatory agencies, and the judiciary have been laying a legal foundation for ERM.
• What elements constitute a comprehensive ERM program.
• How corporate disclosure to stakeholders may be enhanced by ERM.