A Way to Quantify ERM's Value?
By March 1, 2008, Standard and Poor's Rating Services is expected to decide whether to introduce enterprise risk management into its corporate credit rating process. Could this be the ultimate catalyst to bring ERM and its long-anticipated benefits to the forefront?
How, you ask? This ERM article from S&P suggests that an influence on ratings could finally provide a quantitative measurement for the value of implementing and operating an ERM program.
February 14, 2008
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