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Risky business

A relatively new framework that is increasingly popular with firms in the US and Europe helps companies to optimise risk management and meet its business objectives.

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It may not be immediately obvious, but the governance role of boards has two dimensions: performance and conformance.

IT MAY not be immediately obvious, but the governance role of boards has two dimensions: performance and conformance.

In its performance role, the board oversees the company's strategy and value creation.

In its conformance role, the board oversees the effectiveness of the company'

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