You are the newly appointed Group Risk Officer, responsible for ERM across a very large global telco based in Asia. You are invited to attend the Audit and Risk Committee, which is a sub-committee of the Board. During the meeting a committee member asks you “What would be the impact to shareholder value of having an ineffective versus an effective ERM response to a corporate crisis?”
What would be your answer to the committee?
A = No impact to the shareholder value
B = -1% to +1% difference to the shareholder value
C = -4% to +3% difference to the shareholder value
D = -7% to +5% difference to the shareholder value
E = -15% to +7% difference to the shareholder value.
Please email your answer to email@example.com. The answer will be published on Wednesday 28th October.