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International News

Top Global Risks Underscore Business Concerns

September 03, 2013 posted by Steve Brownstein

Two separate studies from Accenture and Aon Risk Solutions have found that organizational risk managers worldwide are closely aligned when it comes to risks they are most concerned about.

According to the preliminary results of Accenture's Global Risk Management Research study, which asked executives from 446 organizations across eight industries what they see as the biggest external risks over the next two years, 62 percent cited legal risks, followed by business risks -- 52 percent -- and regulatory requirements -- 49 percent.

Meanwhile, Aon's Global Risk Management Survey of 1,415 respondents from 70 nations and a wide range of industry sectors found economic slowdown and slow recovery to be the top concern. Regulatory/legislative changes was second highest, followed by increasing competition.