EisnerAmper LLP’s fourth annual survey of corporate directors’ risk concerns features an interesting wrinkle: a look at how risk management issues differ depending on whether a board of directors oversees a public, private, not-for-profit, or private-equity-owned organization.
It turns out that public companies are better at leveraging strong internal audit functions in their risk management activities. The survey also indicates that directors of public companies could learn a thing or two from their non-public counterparts regarding long-term planning and patience, notes Steven Kreit, partner, audit, with EisnerAmper.
This year’s survey reflects the input of 235 corporate directors. These respondents identify the following non-financial risks (which they were asked to exclude from consideration in this particular survey question) as their top concerns:
See full Article: http://businessfinancemag.com/blog/boards-are-dealing-risk-concerns-more-ever
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