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Laurent Magne, Society and Business Review Power's book is illuminating and bringing in the foreground a highly relevant topic for today businesses and society. As a preliminary exploration of the ideas embodied by risk management understood as risk governance, the book is really worth reading even if we will be missing the flavor of field studies, because Power's aim was so broad and ideational. Anyway, this book may help debunk many ideas about risk and risk management, written by a talented management
accountant and philosopher.
getAbsract ...getAbstract recommends this informed and informative analysis to risk management professionals and professors who will appreciate Powers depth of knowledge.
Michael Power is Professor of Accounting and Research Theme Director of the ESRC Centre for Analysis of Risk and Regulation at the London School of Economics and Political Science. He is a Fellow of the Institute of Chartered Accountants in England and Wales and an Associate member of the UK Chartered Institute of Taxation. He is a former Visiting Fellow at the Wissenschaftskolleg, Berlin and at All Souls College, Oxford His publications include The Audit Society (Oxford, 1997) and The Risk Management of Everything (Demos, 2004). He is also co-editor of Organizational Encounters withRisk (Cambridge, 2005).
1. Organized Uncertainty: An Introduction; 2. Turning Organizations Inside Out: The Rise of Internal Control; 3. Standardizing Risk Management: Making Up Processes and People; 4. Putting Categories to Work: The Invention of Operational Risk; 5. Governing Reputation: The Outside Comes In; 6. Making Risk Auditable: Legalization and Organization; 7. Designing a World of Risk Management