New frontiers in enterprise risk management

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Risk management is essential in modern business. This book compiles insights on enterprise risk management and its influence on decision-making. The first part introduces the concept of enterprise risk management. The second part examines it through various lenses, including finance, accounting, insurance, supply chain operations, and project management. Part three focuses on technological tools, covering financial risk models and accounting aspects, utilizing data envelopment analysis, neural networks for credit risk assessment, and real option analysis for IT outsourcing. The final section presents case studies of enterprise risk management practices in China, highlighting sectors such as banking, chemical plant operations, and information technology. The book serves as a comprehensive resource for understanding the multifaceted nature of risk management in today's business environment, illustrating both theoretical frameworks and practical applications across different industries and regions.