risk culture

Acronyms

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Preferred Term

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Non-standard Terms

Definitions

Type Definition Sources
Noun The values, beliefs and behaviors about the governance, assurance and management of risk including: setting risk appetite and tolerances; views about impact of risk on conduct and decisions; and modeling of appropriate risk-taking behavior. (used 37 times in citations and controls)
Noun A bank’s norms, attitudes and behaviours related to risk awareness, risk-taking and risk management, and controls that shape decisions on risks. Risk culture influences the decisions of management and employees during the day-to-day activities and has an impact on the risks they assume. (used 0 times in citations and controls)

Other Forms

Type Other Form
Plural risk cultures
Plural Possessive risk cultures'
Possessive risk culture's

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Citations

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