Corporate Risk Management‪.‬

Corporate risk management is evolving to be viewed as the management of the operations and activities of a corporation, and its financing practices, to construct a portfolio of risks that yield a corresponding average payoff Decisions about seemingly disparate issues are seen as integrated by their net effect on the probable risk-return balance of the corporation. This paper summarizes the literature on corporate risk management issues including the issue of whether risk management is primarily an agency cost. Introduction