Betty Simkins

Author and Editor of "Enterprise Risk Managment: Today's Leading Research and Best Practices for Tomorrow's Executives" (2nd Edition)

January 10, 2022

Betty J. Simkins, Ph.D., is the Department Head of Finance, Regents Professor of Finance and Williams Companies Chair of Business in the Spears School of Business at OSU. Betty received her Ph.D. from Case Western Reserve University, MBA from OSU, and BS in Chemical Engineering from the University of Arkansas. She has more than 60 publications in academic finance journals. She has won awards for her teaching, research and outreach, including the top awards at OSU: Regents Distinguished Research Award, Regents Distinguished Research Award and Outreach Excellence Award. Her primary areas of research are risk management, energy finance and corporate governance. Betty currently serves on the Commodity Futures Trading Commission Market Risk Advisory Committee and she is co-editor of the Journal of Commodity Markets. She also serves on the editorial boards of 12 other academic journals, is past Vice President of Financial Education for the Financial Management Association International and past President of the Eastern Finance Association, among other leadership positions.

There has been much evolution in terms of enterprise risk management (ERM) best practices, experience, and standards and regulation over the past decade. "Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives," Second Edition is the revised and updated essential guide to the now immensely popular topic of ERM. With contributions from leading academics and practitioners, this book offers insights into what practitioners are doing and what the future holds. You’ll discover how you can implement best practices, improve ERM tools and techniques and even learn to teach ERM. Retaining the holistic approach to ERM that made the first edition such a success, this new edition adds coverage of new topics including cybersecurity risk, ERM in government, foreign exchange risk, risk appetite, innovation risk, outsourcing risk, scenario planning, climate change risk and much more. In addition, the new edition includes important updates and enhancements to topics covered in the first edition; so much of it has been revised and enhanced that it is essentially an entirely new book.

"Enterprise Risk Management" introduces you to the concepts and techniques that allow you to identify risks and prioritize the appropriate responses. This invaluable guide offers a broad overview, covering key issues while focusing on the principles that drive effective decision making and determine business success. This comprehensive resource also provides a thorough introduction to ERM as it relates to credit, market and operational risk, as well as the evolving requirements of the board of directors’ role in overseeing ERM.

Filled with helpful examples, tables and illustrations, this book offers a wealth of knowledge on the drivers, the techniques, the benefits, as well as the pitfalls to avoid, in successfully implementing ERM.

URL: https://library-dep.okstate.edu/news/celebratingbooks/2022-honorees/betty-simkins

Last Updated: 21 February 2022