Topic：Enterprise Risk Management
Speaker：Bernard Wong-On-Wing, Professor, Washington State University
Time：July 14, 2022 (Thursday) 14:00—16:00
Virtual Platform：Tencent ID：558-3314-9190
Organizers：School of Business Administration, Office of International Exchange and Cooperation, Research Office
Dr. Wong-On-Wing is the Chair of the Department of Accounting and the Ted Saldin Distinguished Professor at Washington State University. He is also the faculty director of the Business in China programme, which is offered in collaboration with the Southwestern University of Finance and Economics in Chengdu. Dr. Wong-On-Wing teaches accounting for managers and behavioral research in accounting for doctoral students. His research focuses on investor decision-making, controls in organizations, and accounting implications of cultural differences. Dr. Wong-On-Wing's research has been published in leading journals including Accounting, Organizations & Society, Auditing: A Journal of Practice and Theory, Behavioral Research in Accounting, Contemporary Accounting Research, Decision Sciences, and the Journal of Business Ethics.
Change is constant and inevitable. With change comes uncertainty. In turn, uncertainty brings risks as well as new opportunities. Organizations, regardless of type and size, must understand and manage risks. They can also recognize and take advantage of new opportunities. Risk assessment and management thus play an important role at the operational level as well as in strategy development and implementation.
Recent events (e.g., the pandemic, social unrest, climate and environmental changes) have further highlighted the significance of understanding and managing risks. Changes are occurring at a faster pace with more significant impact, making risk assessment and management more complex and challenging. How are organizations coping with such changes? Does addressing environmental, social and governance (ESG) issues improve risk management? What role can diversity, equity and inclusion (DEI) play? Can organizations better anticipate future changes to enhance risk management? How can organizations better manage risks and take advantage of new opportunities?