Australian corporates weak on scenario analysis and strategic risk management, survey finds

Corporate governance and risk management frameworks are not integrated among top-listed entities in Australia, a joint survey by Chartered Secretaries Australia (CSA) and SAI Global reveals. Although governance frameworks at Australian companies are mature, risk management is still limited largely to the operational level.

The survey points out that polled companies are in general good at operational risk management, especially embedding operational risk management in the organisation. But they