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Forming an Organization That Competes on Risk: Organizational Implications

In: Winning with Risk Management

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  • Russell Walker

    (Northwestern University, USA)

Abstract

In managing risk and reward, firms often link the compensation paid to its employees with the firm's financial performance. This is often done through bonus and termed, “firm performance compensation.” As rational as this may seem, the linkage is still incomplete in connecting the underlying risk decisions made by the employees (on behalf of the firm) to the impact felt by the firm (and not the employees)…

Suggested Citation

  • Russell Walker, 2013. "Forming an Organization That Competes on Risk: Organizational Implications," World Scientific Book Chapters, in: Winning with Risk Management, chapter 9, pages 139-142, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814383899_0009
    as

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