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Perspective

Dec. 29, 2009

Risk Governance: A Renewed Focus

Now that the financial crisis has mostly passed, Brian McCarthy and Janisha Sabnani of Skadden say corporate boards are focusing on enterprise risk.

By Brian McCarthy and Janisha Sabnani

Managements and boards of directors of corporations had quite a ride in 2009. After facing the severe shocks caused by the Financial Crisis of 2008 and the impacts it had on business conditions, managements and boards have begun the process of assessing what risk management measures should be implemented or enhanced to better serve the interests of the corporation and its stakeholders. While the focus of boards in late 2008 and most o...

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