Effects of risk accountability on firm value : evidence from the appointment of chief risk officers or risk committees.

• Main Authors: Ong, Fonzarelli., Lee, Shiyang., Lin, Weijun.
• Other Authors: Foo, See Liang
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Risk management
• Online Access: http://hdl.handle.net/10356/9799
• Institution: Nanyang Technological University

This paper studies the relationship between risk accountability and firm value by investigating if the adoption of risk accountability mechanisms, evidenced by the appointment of a Chief Risk Officer or Risk Committee, would have an effect on firm value.