ABA Section of Business Law
eSource
Analysis of Enterprise Risk Management in S&P Ratings of Non-Financial Corporations
- Laurence Hazell of Standard & Poor's discusses Standard & Poor's Ratings Services revised approach to its ratings analysis of non-financial corporations to include a review of enterprise risk management (ERM). S&P expects ERM evaluation to improve the breadth and the consistency of its review of a company's management, which is a highly qualitative exercise
