ERM glossary

Risk culture

ثقافة المخاطر القيم والسلوكيات تجاه المخاطر داخل المؤسسة.

Risk culture is the shared values, attitudes and behaviours that shape how people across an organisation identify, discuss and act on risk.

A healthy risk culture is a component of the COSO ERM framework (governance & culture) — it determines whether risk appetite and controls are actually respected day to day.

Related terms

See it in Rukn ERM

Rukn ERM puts risk culture to work in a live, mobile, bilingual risk program — aligned to COSO ERM 2017.

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