Combining risk and responsibility perspectives: first steps
Journal article, Peer reviewed

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Date
2013Metadata
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- Scientific articles [1334]
Original version
http://dx.doi.org/10.1007/s10551-012-1558-1Abstract
Business activity can be analyzed through a “risk awareness” perspective and a
“responsibility awareness” perspective. However, risk and responsibility are actually
interdependent. Risk‐taking triggers responsibility issues and taking responsibility
means risking being asked critical questions. This paper suggests some first steps for
combining these two perspectives conceptually. After several introductory illustrations
showing how risk and responsibility issues are intertwined, the paper looks separately
each at risk and at responsibility. Then the argument that such perspectives could be
usefully combined is elaborated further from a theoretical angle and from a practical
angle, by looking at various ethical issues and by presenting paradigmatic examples of
balancing or sharing risk and responsibility related to leadership, to ERM and to
insurance.
Description
This is the author’s final, accepted and refereed manuscript to the article. The final publication is available at www.springerlink.com