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ERM Concepts [28]

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Bullet points include: Chapman (2006). Lam (2003). Financial risk. Credit risk. Operational risk. Market risk. Technology risk. Operational risk. Economic risk. Risks by industry sector. Environmental risk. For non-financials (and financials?). Legal risk - credit, market, stock price, Political risk - investment, hedging, secondary, Market risk - operational, insurable, catastrophic, Social risk - business, cultural, reputational, Taxonomy. See also Kelliher et al. (2009, 2011) and Kemp and Patel (2011)

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