Search results for "risk governance"
showing 3 items of 3 documents
Risk committee complexity and liquidity risk in the European banking industry
2021
Abstract The present study aims to investigate how bank governance characteristics are related to liquidity risk by analysing board composition, gender, and the risk committee. A dynamic panel data model is employed on a sample of European banks during the period after the financial crisis (from 2011 to 2017). Furthermore, we collect information about the profiles of the directors on the boards of banks, thereby creating five categories of risk committee members. To address the endogeneity issue, a generalised method of moments two-step estimator is implemented. The findings highlight that the fundamental role of the risk committee adequately shields banks against general liquidity risks. M…
Multilevel Governance for Climate Change Adaptation in Food Supply Chains
2019
The vulnerability of food supply chains to climate change is higher compared to other industries due to its dependency on climatic conditions, temperature and water supply. As a robust response to the vulnerability of food supply chains, it is essential to find ways of linking the concepts of sustainable development, climate change adaptation and risk governance into one paradigm. The risk governance of food supply chains is conducted by and across both private and public spheres. Hence, in this chapter, we introduce a dual system of governance to match the objectives of climate change adaptation, and discuss the multiplicity and potential integration of both corporate-led private governanc…
Socio-technical risk governance through dyadic risk dialogue : copper corrosion as a safety challenge in the geological disposal of spent nuclear fuel
2014
The risk of corrosion in oxygen-free water has become an issue of scientific controversy possibly even threatening the realisation of the final disposal of spent nuclear fuel in Finland and Sweden. In Sweden there has been extensive discussion about the issue since 2007, but only recently has this debate increased in Finland although the similar disposal concept (KBS-3) is applied in both countries. In this report, we analyse how the implementer, Posiva (a Finnish nuclear waste company), and the regulator, STUK (the Finnish Radiation and Nuclear Safety Authority), have been engaged in a dialogue on the risk of copper corrosion. For over thirty years the implementer and regulator have been e…