risk culture
Definitions
Type | Definition | Sources |
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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 39 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 |
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Plural | risk cultures |
Plural Possessive | risk cultures' |
Possessive | risk culture's |
Relationships
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Citations
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