Using textual analysis to assess the materiality of risk factor disclosures in company's financial reports KU Leuven
The increasing amount of corporate failures in recent years has spurred organisations to manage their risks more effectively. One approach that has gained prominence during this period is enterprise risk management (ERM), a process designed to identify and control business risks and ensure they are consistent with corporate strategies and risk appetite. Several surveys on ERM practices highlight the CFO’s primary role and ownership ...