In October 2009, the National Association of Corporate Directors (NACD) published its Report of the NACD Blue Ribbon Commission – Risk Governance: Balancing Risk and Reward.

Offered as guidance to directors, this report recommends 10 principles to assist boards in strengthening their oversight of the company’s risk management and provide a context for understanding the risk oversight process. This issue of Board Perspectives: Risk Oversight provides an overview of these 10 key principles that will assist boards in strengthening their risk oversight.