Comment & Analysis
The End of Human Risk Management? by Gilles Hilary, INSEAD Professor of Accounting and Control and Arnaud Lagarde, Chief Risk Officer, Mandarin Capita
Eric (not his real name) was under pressure from his sales department. He was hesitant to close a large financing deal with a Chinese corporate but had little beyond his intuition to back up his position. The company’s stock price had gained a whopping 600 percent in one year. Nevertheless,…
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