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The Risk Management of Everything - LSE academic to give annual PD Leake Trust Lecture

Professor Michael Power|, London School of Economics and Political Science (LSE), will give the Institute of Chartered Accountants in England and Wales' annual PD Leake Trust Lecture on The Risk Management of Everything, on Wednesday 23 June at Chartered Accountants' Hall.

The lecture, held in association with LSE, will examine the expansion in the scope of risk management since the mid-1990s, its centrality to agendas for corporate governance and regulation, and its emergence as a generic model of rational organisation which is increasingly formal and systematic.

New objects of risk management (reputation, operational risk) and the role of risk officers will be analysed with a view to explaining how and why these changes have taken place and their implications for private and public sector institutions.

Professor Power will also sound a note of caution about this pervasive new risk management and its (unintended) potential to amplify blame cultures and defensiveness, at the expense of innovation and the proper exercise of professional judgment.

Michael Power is P D Leake Professor of Accounting at LSE and director of the ESRC Centre for Analysis of Risk and Regulation at LSE.

The Risk Management of Everything is on Wednesday 23 June at the Great Hall, Chartered Accountants' Hall, Moorgate Place, London EC2P 2BJ. Registration is from 5.30 pm for a 6pm start.  

Ends

To attend this lecture or for more information, please contact Emma Barklamb, ICAEW, on 020 7920 8573 or email emma.barklamb@icaew.co.uk| 

21 June 2004

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