{"id":1886,"date":"2013-02-01T00:00:00","date_gmt":"2021-02-13T18:23:51","guid":{"rendered":"http:\/\/financiallawinstitute.ugent.be\/index.php\/wps\/the-risk-management-duties-of-the-board-of-directors\/"},"modified":"2021-02-13T18:23:51","modified_gmt":"2021-02-13T18:23:51","slug":"the-risk-management-duties-of-the-board-of-directors","status":"publish","type":"wps","link":"https:\/\/financiallawinstitute.ugent.be\/index.php\/wps\/the-risk-management-duties-of-the-board-of-directors\/","title":{"rendered":"The Risk Management Duties of the Board of Directors"},"content":{"rendered":"<p>The board of directors is responsible for an appropriate business risk management environment. The paper studies in a comparative way how legislators and courts fill this duty. We question whether the legislative and regulatory framework will improve the equilibrium between entrepreneurship and risk control. We advocate for a distinct approach for strategic and operational risk management, defining risk appetite and tolerance and sufficient monitoring. We also call for full and detailed reporting and compliance risk management.<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"inline_featured_image":false},"categories":[],"class_list":["post-1886","wps","type-wps","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/financiallawinstitute.ugent.be\/index.php\/wp-json\/wp\/v2\/wps\/1886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financiallawinstitute.ugent.be\/index.php\/wp-json\/wp\/v2\/wps"}],"about":[{"href":"https:\/\/financiallawinstitute.ugent.be\/index.php\/wp-json\/wp\/v2\/types\/wps"}],"wp:attachment":[{"href":"https:\/\/financiallawinstitute.ugent.be\/index.php\/wp-json\/wp\/v2\/media?parent=1886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financiallawinstitute.ugent.be\/index.php\/wp-json\/wp\/v2\/categories?post=1886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}