THE RISK INSTITUTE
EXECUTIVE EDUCATION SERIES
BALANCING RISK TO CREATE VALUE
Session: May 15, 2014
ENABLING THE RIGHT RISK CULTURE: THE ROLE OF
GOVERNANCE AND INCENTIVE COMPENSATION
In the final session of the Risk Institute Executive Education Series, Fisher College
of Business Professors Anil Makhija and Bernadette Minton discuss how to
use lessons about the relations among governance, firm value, and risk taking
to create a risk culture that allows organizations to engage in value-enhancing
risk management practices. Fisher College of Business Senior Lecturer and
Practitioner Expert, Robert Lane, will lead a panel discussion about the roles of
corporate governance and the board of directors as value creators, and the extent
to which governance can be enterprise-wide in nature. Panelists will include Don
Shackleford, Chairman Emeritus of Fifth-Third Bank, Jerry Jurgensen, former
CEO of Nationwide and current board member of AIG, and Bill Lhota, former
executive of AEP and board member of various boards of publically traded
companies.
The Risk Institute Executive Education Series is an integrated approach to risk
management. Recognizing the interconnectivity between organizational value
drivers and the significant risks facing companies, the series challenges participants
to think about the evolving role of risk management within business strategy and
value creation.
Executives will learn:
• the role of incentive compensation in corporate governance and how
compensation schemes affect manager’s risk taking
• the negative consequences on firm value of corporate fraud resulting from weak
o
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TAKE AWAY REAL-WORLD
SKILLS AND EXPERTISE.
The Risk Institute is a collection of forwardthinking companies that know understanding risk
and effective risk management strategies not only
protects their organizations, but also positions
them to create growth and value in a competitive,
dynamic marketplace. The Risk Institute Executive
Education Series will arm professionals with fresh
perspectives and approaches to:
• Identify, measure, and respond to risks
critical to organizational success
• Use economic and strategic analyses to turn
data and information into insight for more
competitive and sustainable business advantages
• Implement effective messaging of risk
management and organizational policies and
strong governance for an integrated valuecreating risk management function
• Avoid the common mistakes of conventional
risk management approaches
• Create an organizational culture that manages
risk proactively by allowing ideas, innovation,
and initiatives to flourish
LEARN & COLLABORATE WITH TOP-RANKED
FISHER COLLEGE OF BUSINESS FACULTY AND BUSINESS LEADERS.
SESSION
AT A GLANCE
WHAT:
Enabling the Right Risk
Culture: The Role of
Governance and Incentive
Compensation
WHERE:
Fisher College of Business
Pfahl Hall Conference Center
The Ohio State University
280 West Woodruff Ave.
Columbus, Ohio 43210
WHEN:
Anil Makhija, Dean’s Distinguished Professor; Professor of Finance —
Anil Makhija holds the Dean’s Distinguished Professorship in Finance.
He specializes in corporate finance and issues related to capital structure,
corporate governance and utilities. His work has appeared in major academic
journals and he has won many prestigious teaching awards. Dr. Makhija
received his PhD in finance from the University of Wisconsin-Madison.
Bernadette Minton, Professor of Finance — Bernadette Minton leads
curriculum development at the Risk Institute, and is the Academic Director
for the Risk Institute Executive Education Series. As a co-director of the Fisher
finance PhD program, Professor Minton works closely with future finance
thought leaders. She teaches corporate risk management and corporate finance
to Fisher undergraduate business students, and has taught related topics for
Fisher’s executive education programs.
Robert Lane, Senior Lecturer in Finance — Robert Lane joined Fisher College
of Business Department of Finance as Faculty Coordinator for the Financial
Services Cluster, as well as assisting in the inaugural Specialized Masters –
Finance Program (SMF) in Autumn 2011. He brings an extensive background
in financial services and consulting, and has taught at the Graduate School of
Banking at the University of Wisconsin, Madison. Professor Lane holds an MBA
from the Fuqua School of Business, Duke University, an MA from the University
of North Carolina, Greensboro and a BA from Elon University. Most recently,
he served as President of KeyBank, Central Ohio District, and he is also CEO
of Lane Leadership Group, LLC providing executive coaching and professional
development.
Thursday, May 15, 2014
8 a.m.-Noon
WHO:
• Senior executives responsible
for enterprise-wide risk
management practices
• Senior legal executives
involved in governance and
compliance functions
• Senior human resource
executives overseeing incentive
compensation plans
• Senior auditing executives
charged with reporting and
disclosure activities
COST:
Each half-day session is $495
LEARN MORE:
For additional program details, contact:
Michelle Norris, Program Manager
norris.83@fisher.osu.edu
614.292.8574
REGISTER HERE:
Here is a quick link to register individuals from
your organization for this, and any of the
upcoming sessions: go.osu.edu/manage-risk