Risk Management, the integrated perspective. A model that can contribute to full fit the goals of modern Municipalities.

Ignacio José Cienfuegos Spikin^*

icienfuegos@economia.cl

 

(recebido em 18 de Maio de 2009; aceite em 08 de Julho de 2009)

 

Abstract. This paper describes the concept of risk and its utility in the discipline of Management. Subsequently the concept of Integrated Risk Management will be define, intending to set into verification the removal of the traditional barriers of function in which have characterized traditional risk management, In this context, our effort will at the identification of the relevant elements for the implementation of an Integrated Risk Management model in Municipalities, and is develop analysis of the Integrated Risk Management literature. Finally a Risk Management program will be propose for Municipalities.

Keywords: Risk, Risk Management, Integrated Risk Management; Municipalities.

 

Resumen. Este documento describe el concepto de riesgo y su utilidad en la disciplina de Gestión. Se busca identificar elementos pertinentes para la aplicación de un modelo integrado de Gestión de Riesgos en los municipios, y desarrollar un análisis de la literatura de Gestión Integral de Riesgos, se proponen un programa de Gestión de Riesgos para los Municipios.

Palabras clave: Riesgo

 

Full text only available in PDF format.

Texto completo disponível apenas em PDF.

 

Reference

Bernstein, Peter (1996), Against the Gods, the Remarkable Story of Risk. USA: Willey and sons

Doherty, Neil A. 2000. Integrated Risk Management, techniques and strategies for reducing risk, USA: McGraw-Hill.

Dolde, W, (1995) “Hedging, Leverage and primitive risk”. Journal of Financial Engineering Vol. 4 N°2. pp. 187-216        [ Links ]

Fernholz, Fernando and Morales Fernholz Rosemary. (2006) Strategic Municipal Asset Management, Discussion Paper. Duke University: Municipal Finance Task Force.

István Temesi and Nóra Teller (2004) Municipality Management in the City of Bicske - Variety of Solutions. http://pdc.ceu.hu/archive/00005335/01/03.pdf

Lam, James (2003) Enterprise Risk Management, from incentives to control, USA: Willey and sons

Libertad y Desarrollo (2009) “Survey of Corruption, an alert signal” Public Issues Nº 912

Lombard General Insurance Company of Canada. Risk management and loss prevention.

Paul Gabriel (2003) “The development of municipal emergency management planning in Victoria Australia” The Australian Journal of Emergency Management. Vol. 18 Nº2. pp. 74 – 80

Smith Jr, C, and R Stulz, (1985), “The determinants of firms' hedging policies”. Journal of Financial and Quantitative Analysis Vol. 20 N°4 pp. 391 – 405.

Vaugham, Emmett J (1997) “Risk Management”. USA: Willey and sons

 

 

Reseña Biográfica

Ignacio José Cienfuegos Spikin

Degree in Public Administration from the University of Chile. Master in Management and Public Policy by the University Adolfo Ibañez and a MBA by the Spanish Institute IEDE.

* Ministerio de Economía de Chile