John Van Der Hoek and Michael Sherris have been awarded an Australian Research Council Discovery Grant

PROJECT SUMMARY

Enterprise risk management is of critical importance to the successful management of business corporations. The savings from the integrated measurement and management of risk at the enterprise level allowing for diversification in business activities is massive. The Australian insurance and actuarial science profession is highly regarded internationally. Innovative contributions to the rapidly developing area of enterprise risk management will benefit Australia by maintaining its high profile at an international level in this newly emerging area. This will lead to increased demand at an international level for Australian graduate students and international research students wishing to study at Australian universities in these disciplines.