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User:Pastore Italy/Risk culture

From Wikipedia, the free encyclopedia

Risk culture includes:

  • Behaviour towards taking risk
  • Behaviour towards following policy
  • Behaviour towards negative outcome

of an organization or of a group of people.

It affects the Risk management capabilities of an organization: a risk aware culture offer a setting in which components of risk are discussed openly and acceptable levels of risk are understood and maintained.[1]

It is related to risk appetite of an organization.

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