Abstract
In analyzing what caused the 2008–2009 economic crisis, many experts point to a fundamental lack of risk management. But that is not entirely correct. For while it is abundantly apparent that most of the companies that failed lacked a sufficient risk management structure, there were also companies with rigorous risk management programs in place that failed as well.
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© 2010 Cecelia Kempler, Michel Flamée, Charles Yang, and Paul Windels
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Shimpi, P., Klappach, H. (2010). Risk Culture. In: Kempler, C., Flamée, M., Yang, C., Windels, P. (eds) Global Perspectives on Insurance Today. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230117372_16
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DOI: https://doi.org/10.1057/9780230117372_16
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-28938-7
Online ISBN: 978-0-230-11737-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)