The Institutionalization of Risk

Datos Bibliográficos

ID6090746
AutoresAlbert J Reis, Albert J Reiss (autor de correspondencia)
Año1989
Volumen11
Número3
Páginas392-402
Fecha de publicación1989-07-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaLaw & Policy (JOURNAL)
Identificadores de la revistaISSN: 0265-8240 • E-ISSN: 1467-9930
EditorialWiley (PUBLISHER • GB)
DOI10.1111/j.1467-9930.1989.tb00035.x
OpenAlexW2005386042
IdiomaEN
Citas recibidas11
Referencias citadas12

The centrality of risk assessment and risk management to complex organizations testifies to the institutionalization of risk in modern society. Much of the writing on risk assessment and management deals with how decision makers struggle with uncertainty rather than calculable risk. The conceptualization of risk and uncertainty depends in part upon whether one focuses upon decision makers and their decisions or upon outcomes of decisions. Focusing on decision makers leads to concern with risk management whereas focusing on the decision or outcomes draws attention to risk analysis. The papers examined in this paper are primarily concerned with decision makers and risk management. In doing so, we examine the social construction of risks and their control, how intelligence gathering and processing affects risk analysis and management, and the latent functions of risk regulation

Actuarial science · Business · Centrality · Conceptualization · Control (management · Economics · Enterprise risk management · Institutionalisation · IT risk management · Management · Political science · Risk analysis (engineering · Risk assessment · Risk management · Risk society · Social science · Sociology · Computer Science · Management and Organizational Studies · Regulation and Compliance Studies · Risk Perception and Management · Finance