[Pdf free] The Risk in Risk Management: Financial Organizations & the Problem of Conformity






 | #4586590 in eBooks |  2013-06-07 |  2013-06-07 | File Name: B00D8XAFPG


||About the Author||Gregory B. Vit, Ph.D. is Associate Professor (Clinical) of Strategy and Organization at McGill University’s Desautels Faculty of Management where he teaches Strategy, Managing Innovation and Entrepreneurship. Professor V

Banks take very large risks by consistently herding in the same perilous directions while believing they are safe and unique. This book presents a risk management framework to understand conformity and deviance within investment banks and other large organizations. It suggests that some groups understand the dynamics of this conformity to their advantage. This requires a deeper understanding of the risk in risk management. Fraudsters can game the system to their adva...


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