More boards step up to take on risk management

09/13/2011 | Compliance Week

Boards of directors are playing a larger role in companies' risk management and oversight, according to a study by Deloitte. Nearly 90% of firms in the S&P 500 reported assigning risk-oversight tasks to committees other than the audit committee. "Leaders should go beyond minimum requirements imposed by regulation and truly embrace risk governance and oversight," the Deloitte study states.

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