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

Companies in Australia are good at looking at the operational aspects of risk, but place little thought on scenario analysis and strategic risk control, according to the Chartered Secretaries Australia (CSA)

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

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