TY - BOOK AU - Bol,Jasmijn AU - Blanche,Jenna M. TI - Operational risk management: organizational controls and incentive system design T2 - Managerial accounting collection, SN - 9781637420133 AV - HD61 PY - 2021///.] CY - New York, New York (222 East 46th Street, New York, NY 10017) PB - Business Expert Press KW - Risk management KW - Operational risk KW - Operational risk management KW - Risk identification KW - Risk analysis KW - Risk mapping KW - Management control systems KW - Agency theory KW - Incentive systems KW - Pay-for-performance KW - Risk-incentivvce tradeoff KW - Target setting KW - Performance measurement KW - Subjective performance assessment KW - [genre] KW - Electronic books N1 - Includes bibliographical references (pages 149-152) and index; Part I. Operational risk management. Chapter 1. A structured approach to risk management ; Chapter 2. The risk concept ; Chapter 3. Risk identification and risk mapping ; Chapter 4. Control system design ; Chapter 5. Systems thinking ; Chapter 6. Continuous reassessment --; Part II. Employee management. Chapter 7. Agency theory ; Chapter 8. Financial rewards ; Chapter 9. Alternative means of motivation ; Chapter 10. Directing effort ; Chapter 11. Organizational architecture --; Part III. Incentive systems. Chapter 12. Risk-incentive trade-off ; Chapter 13. Performance measurement ; Chapter 14. Target setting ; Chapter 15. Supervisor discretion --; Conclusion; Access restricted to authorized users and institutions; 2; b; Also available in printing N2 - To remain viable, let alone competitive, organizations must manage risks. In this book, we explore the concept of operational risk as well as the mechanisms used to diminish the impact and occurrence of risks: the organizational control system. Since the scope and scale of operational risks are unique to each organization, our objective is to explain the theory behind why and how managers respond to the unique combination of threats that challenge their organization. We emphasize employee management and the complexities surrounding the design of management controls, incentive systems in particular, because risks related to employee actions are faced by virtually every organization. Overall, we provide empirically grounded insights into the process of diagnosing operational risks as well as designing, implementing and maintaining a control system that properly manages those risks UR - https://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0001097.html ER -