Funded Research Archive
The Risk Institute sponsors funding for risk-related research to advance risk management concepts that our member companies can use to leverage risk management to create value.
Funded Research (2021 and older)
The Rebound Podcast: Resilient by Design
Sponsored by the Association for Supply Chain Management
What's the difference between risk management and resilience and how can organizations identify vulnerabilities in their supply chain and best respond and rebound from disruption? Risk management and resilience expert Joseph Fiksel joins interviewers Abe Eshkenazi and Bob Trebilcock on The Rebound podcast. He stresses the need to balance operational resilience (i.e., bouncing back) with strategic resilience (i.e., bouncing forward), including consideration of long-term sustainability in the face of climate change and other emerging challenges.
Research completed by Dennis Hirsch and Aravind Chandrasekaran. The Final Report in the Business Data Ethics project examines: The threats that corporate use of advanced analytics creates for individuals and the broader society (Part III); What “data ethics” means to the companies that practice it (Part IV); Why companies pursue data ethics when the law does not require them to do so (Part V); The substantive principles that companies use to draw the line between ethical and unethical uses of advanced analytics (Part VI); The management processes (Part VII) and technologies (Part VIII) that companies use to achieve these substantive goals; and Corporate projects that use advanced analytics for the social good (Part IX).
Business Data Ethics full report
Infographic with key highlights from Business Data Ethics report
New technology (FinTech) promises to expand the supply of financial services to small businesses poorly served by the banking system. Does it succeed? Isil Erel and Jack Liebersohn study the Paycheck Protection Program (PPP), which offered guaranteed and potentially-forgivable small-business loans to “provide a direct incentive for small businesses to keep their workers on the payroll.”
FinTech and banking full report
FinTech Response infographic with key highlights
Because Isil Erel serves as the Academic Director of The Risk Institute, Risk Institute dollars were not used to fund this research due to conflict of interest.
Despite increased participation in the labor force, women in the U.S. still assume most of the housework and childcare. This fact has been illustrated starkly during the COVID-19 pandemic, which risks forcing a generation of working mothers out of the labor market. In this research, Isil Erel and her coauthors explore how lowering labor market frictions for female workers affects corporate performance.
Paid Leave Pays Off full report
Paid Leave Pays Off infographic with key highlights
Because Isil Erel serves as the Academic Director of The Risk Institute, Risk Institute dollars were not used to fund this research due to conflict of interest.
The Risk Institute conducted a survey in June 2020 to better understand the impacts of COVID-19 on businesses.
This annual survey by The Risk Institute was created to better understand how senior executives from both financial and non-financial industries view risk management’s role in their organization; how, if at all, they integrate risk management into business decisions; and how they structure their risk management function to support its role in the firm.