On March 18, 2009, Foley & Lardner LLP presented “Risk Management in the Boardroom” as part of its National Directors Institute — 2009 Web Conference Series. Foley Securities Enforcement & Litigation Partner John R. Landis moderated a series of panel discussions addressing incorporating risk management into corporate planning and decision-making.
“Risk” has become a buzzword as a result of the recent economic downturn. Was this company’s investment too risky? Did that company fail to account for the full risk of its financial instruments? Are the collateral assets propping up this company too risky? But for business executives and boards of directors, assessing risk is nothing new. Good business leaders will spend a great deal of time preparing for and managing various risks. The latest economic downturn is only the most recent example of why risk management is so important.
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