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Poor Risk Oversight Threatens Business Success

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LONDON--(BUSINESS WIRE)--Businesses are putting themselves in danger by neglecting or avoiding formal risk management processes, according to a new study by the Enterprise Risk Management Initiative at North Carolina State University on behalf of the Chartered Institute of Management Accountants (CIMA). The report’s authors consulted more than 1,300 executives worldwide, and found that 70 per cent felt their risk management process was not “mature”. Just 40 per cent are satisfied with the repor

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