Risk and performance management: two sides of the same coin?

Palermo, Tommaso ORCID: 0000-0002-6021-6052 (2017) Risk and performance management: two sides of the same coin? In: Woods, Margaret and Linsley, Philip, (eds.) The Routledge Companion to Accounting and Risk. Routledge companions in business, management and accounting. Routledge, Abingdon, UK, pp. 137-149. ISBN 9781138860124

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Abstract

Academic research and practice literature show that risk and performance management are converging towards a common set of characteristics. On this basis, they are increasingly considered ‘two sides of the same coin’ (Van der Stede, 2009). But what is meant by ‘risk management’ and ‘performance management’? How can they be related? What are the implications of different approaches? This chapter reviews academic research, as well as a growing body of practice literature, to outline and discuss ways in which risk and performance management instruments and processes can be linked. The chapter starts by illustrating recent changes in the way in which risk and performance management are conceptualised. It then synthetizes existing literature to outline four different ways in which risk and performance issues can be addressed in an integrated way.

Item Type:	Book Section
Official URL:	https://www.routledge.com/
Additional Information:	© 2017 The Author
Divisions:	Accounting
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Date Deposited:	18 Jul 2017 08:19
Last Modified:	15 Sep 2024 07:48
URI:	http://eprints.lse.ac.uk/id/eprint/83561

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