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2007 Enterprise Risk Survey

MORE CONFIDENCE, BUT PLENTY OF HOLES

By staff Writer | Updated on June 01, 2007

Executives participating in Treasury & Risk’s second annual survey of corporate attitudes and abilities in enterprise risk management (ERM) expressed confidence in their company’s capabilities to identify and assess enterprise-wide risk. Over 80% claimed to be somewhat, if not totally, certain of their ability to identify, analyze, quantify, report, monitor and mitigate such risk, despite the fact that close to half conceded that their companies did not have sufficient information, well-articulated objectives and standards, or adequate integration to manage risk on an enterprise-wide level. The survey involved 208 CFOs, treasurers, risk managers and others between May 2 and 15 2007.

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