Ethics Distortions, Deceptions & Biases: How They Influence Risk Management

Description

Organizations often work with large amounts of "other people's money" with executive's reaping huge rewards for providing stakeholders a good return. But what happens when their bets turn sour? What are reasonable and ethical risks for management to take and which ones are not? This session will examine the ethical issues relating to risk management and financial management's role in the risk management process.

Highlights

Ethical Risk-Taking

• Integrate ethical concepts with risk management
• Understand risk assessment's behavioral aspects that may lead us down an unethical path
• Know what criteria we should use to determine how much risk we can sleep with at night
• Understand factors that distort our perceptions in framing risk and making risk decisions

Objectives

To understand the ethical considerations involved in risk management

Designed For

Upper level financial professionals