Risk management and corporate governance issues are today significantly influencing public policy debates on enterprise controls. Organisational and management practices including management accounting activities are also being extensively affected. It is argued that, like management accounting, the potential of risk and governance concepts to be made managerially actionable rests on their capacity to be interpreted in technical, analytical and calculable terms. It is these dimensions also which lend risk and governance concerns prescriptive appeal that is continually being reassessed in the light of economic changes. The argument is further made that enterprises seek not only to adopt risk controls but also to make the deployment of such controls transparent and visible to engender greater organisational legitimacy. This makes management accounting, risk management and corporate governance increasingly and inextricably interdependent.
The purpose of this special issue is to publish innovative, original and high-standard research aiming to provide as broad coverage as possible of different relevant modelling approaches and paradigms stemming from traditional fields such as probability theory, stochastic calculus, statistics, econometrics, as well as from new approaches based on management science/operations research and artificial intelligence.
The issue will carry revised and substantially extended versions of selected papers presented at the Tunisian Society for Financial Studies 5th International Conference in Finance (2017 TSFS Conference), but we also strongly encourage researchers unable to participate in the conference to submit articles for this call.
Suitable topics include, but are not limited to, the following:
- Financial risk management
- Regulation of risk management
- Risk and corporate governance
- Systemic risk
- Firm governance and risk management
- Enterprise risk management
Important DatesManuscripts due by: 10 January, 2018
Notification to authors: 31 March, 2018
Final versions due by: 30 June, 2018