Risk in practice – senior bank managers at work
by Gunnar Wahlstrom
International Journal of Critical Accounting (IJCA), Vol. 1, No. 3, 2009

Abstract: This article advances this critique of risk measurement by providing evidence on the risks senior bank managers perceive as the greatest threats to their organisations. The data is collected through semi-structured interviews with senior bank managers from all the listed banks in Sweden. The perceived risks relate to the interviewees' positions in the banks. Risks also emerge unexpectedly and are difficult to measure. This situation is due to the working conditions of senior bank managers who work in a challenging, unstable and unplanned context; when one problem is solved, attention is immediately channelled to the next. Under stable conditions, measured risks are regarded as manageable and controllable. However, based on the criticism of risk measurement explored in the literature, it is plausible that risk measurement information provides senior bank managers with a false sense of security. Thus, when the operational contexts are altered, such as during financial crises, risk measurement emerges as a problem requiring the attention of senior bank managers.

Online publication date: Sun, 19-Jul-2009

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Critical Accounting (IJCA):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com