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Risk Governance Research Group at the University of Siegen

 

Risk Governance Conference

 

Faculty III - Economics, Business Informatics and Business Law at the University of Siegen is working intensively on the topic of Risk Governance and has launched a research project of the same name. In general terms, Risk Governance means the responsible management of risks, with societal sustainability requirements, such as combating climate change or effective banking supervision, playing an important role at the macro level and the management of business risks, especially financial risks, at the micro level.

Within the discipline of business administration, one focus of Risk Governance is on the banking sector, which per se is highly risky and which - as the recent financial market crisis has shown - can pose enormous risks to the economy and the real economy. However, it would be far too short-sighted to limit Risk Governance to the banking sector. Risk Governance also addresses related disciplines such as human resources and organizational management, law, psychology and, especially for monetary and economic policy issues, economics. In order to be able to look at Risk Governance from different perspectives, the research group should be interdisciplinary and reflect the complexity of Risk Governance.

News

Applications for the Master's Program in Controlling and Risk Management

Members

Prof. Dr. Arnd Wiedemann (Speaker), University of Siegen Chair for Finance and Banking

Prof. Dr. Andreas Dutzi, University of Siegen Chair of Management, Accounting and Corporate Governance

Prof. Dr. Volker Stein, University of Siegen Chair of Human Resource Management and Organization

Prof. Dr. Martin Thomsen, University of Siegen Chair of Corporate Taxation

Prof. Dr. Martin R. W. Hiebl, University of Linz Chair of Management Accounting and Control

Mark Fonseca, Mark Fonseca & Associates

Jun.-Prof. Dr. Tobias M. Scholz, University of Agder Chair of Information and Communication Technology Organization

Annual Conferences

The 13th Annual Risk Governance Conference will be held on October 15 and 16, 2026. The focus topic this year will be ''Unlocking the Potentials of Risk Governance for Board-level Decisions.''.

Scientists and practitioners are cordially invited to submit conference papers. Please refer to the following link for all information:

The 5th Annual Risk Governance Conference took place at the University of Siegen from October 05 to 06, 2017. The main topic this year was "Roles and Actors in Risk Governance". Please find all important information about the program here.

The conference is associated with a special issue of the Journal of Risk Finance. As with the 2016 conference, the special issue has "Roles and Actors in Risk Governance" as its focus topic.

Click  here  for the image gallery of the annual conference.

 

Presentations

The Presentations can be downloaded below:

Martin Hiebl (Universität Siegen)
Ruchi Agarwal, Sanjay Kallapur, Jake Ansell (Indian School of Business, University of Edingburgh)
Patrick Ulrich, Tim Botzkowski (Hochschule Aalen, Universität Bamberg)
Maximilian Behrmann, Willi Ceschinski, Remmer Sassen, Miriam Stoffel (Universität Hamburg)
Manu Gupta, Puneet Prakash (Virginia Commonwealth University, Missouri State University)
Rainer Baule (FernUniversität Hagen)
Ivo Schedlinsky, Friedrich Sommer, Arnt Wöhrmann (Universität Münster, Universität Bayreuth, Universität Gießen)
Vanessa Hille, Volker Stein, Arnd Wiedemann (Universität Siegen)
Tobias Scholz (Universität Siegen)
Carsten S. Wehn (DekaBank Deutsche Girozentrale)
Thilo Helpenstein, Thomas Dücker (ifb AG, Universität Siegen)

The 4th Annual Risk Governance Conference was held at the University of Siegen from October 12 to 13, 2016. Scientists and practitioners were cordially invited to submit conference papers on the topic of "Risk Governance im Mittelstand".
This year's conference was held at the Haus der Siegerländer Wirtschaft.

 

Press Report

By way of introduction, you can gain a first insight into the subject from the  press report  published on 12.10.16.

 

Program

The respective individual topics of the presentations at the 4th Annual Conference can be found in the  program booklet.

 

Coverage

Here you can find the  coverage of the Annual Conference 2016.

 

Presentations

The Presentations can be downloaded below:

Rainer Baule (FernUniversität Hagen)
Maximilian Behrmann, Remmer Sassen (Universität Hamburg)
Sven Cravotta und Markus Grottke (SRH Hochschule Calw), Felix Boll (Universität Passau)
Andreas Dutzi (Universität Siegen)
Nils Helms (Technische Universität Kaiserslautern)
Martin Hiebl (Universität Siegen)
Björn Niehaves (Universität Siegen)
Dorian Proksch, Wiebke Stranz, Andreas Pinkwart (Leipzig Graduate School of Management)
Julian Quast (Universität Siegen)
Ivo Schedlinsky, Friedrich Sommer, Arnt Wöhrmann (Westfälische Wilhelms-Universität Münster)
Wolfgang Schmidhuber (Schmidhuber-Consulting)
Tobias M. Scholz (Universität Siegen)
Stephan Schöning, Nulullia Chojo (SRH Hochschule Calw)
Pia-Johanna Schweizer (IASS Potsdam)
Volker Stein, Arnd Wiedemann (Universität Siegen)
Rüdiger Tüscher (Wirtschaftsprüfer/Unternehmensberater)
Patrick Ulrich (Hochschule Aalen)
Jan Hendrik Wilhelms (Universität Siegen)
Thilo Wüst (Biesterfeld AG)

3rd Annual Confernce on Risk Governance:

From October 14 to 15, 2015, the Universität Siegen will host its 3rd Annual Conference on Risk Governance. We cordially invite researchers and practitioners to participate in the conference and submit papers on all areas of risk governance and related fields. Topics may include, but are not limited to:
• Risk governance in banks and financial institutions,
• Regulatory aspects of risk governance,
• Central bank policy in the light of risk governance,
• Risk governance in non-financial firms,
• Legal aspects of risk governance,
• Risk governance and human resources management,
• Risk management and risk policy.

 

Program

The Conference program for 2015 can be found here.

 

Presentation

Download Conference presentations here:

Stephanie Blättler (Hochschule Luzern)

Jean-Pierre Bußalb (BaFin)

Thomas Demmer (Universität Siegen Business School)

Kevin Kinne (Technische Universität Chemnitz)

Alfred Lobers

Michael Torben Menk (Universität Siegen)

Dorian Proksch, Wiebke Stranz, Andreas Pinkwart, Michael Schefczyk (Handelshochschule Leipzig)

Remmer Sassen, Anne-Kathrin Hinze, Inga Hardeck (Universität Hamburg) 

Ivo Schedlinsky, Friedrich Sommer, Arnt Wöhrmann (Universität Münster)

Denise Scheld, Johannes Paha, Nicolas Fandrey (Universität Gießen)

Natalie Schmücker (Universität Siegen)

Tobias Scholz (Universität Siegen)

Gunnar Schwarting (Deutsche Universität für Verwaltungswissenschaften Speyer)

Volker Stein, Arnd Wiedemann (Universität Siegen)

Marc Tepfer (RSM Altavis Hamburg)

 

Press Report

Download the press report here.

On October 8 and 9, 2014, the 2nd Risk Governance Conference took place in Siegen. Scientists and practitioners gave presentations on various facets of risk governance.

 

Program

Please find a summary of all topics here.

 

Press Report

Following the successful conference, an article was published in Risikomanager.

On October 9 and 10, 2013, the 1st Annual Risk Governance Conference was held in Siegen. Scientists and practitioners were invited to submit contributions on all areas of Risk Governance. The contributions could relate to all sub-areas of Risk Governance. The following areas were mentioned by way of example:

  • Risk governance in banks, other financial institutions but also companies
  • Banking Supervision in the Light of Risk Governance
  • Central Bank Policy in the Light of Risk Governance
  • Human resources aspects of risk governance
  • Legal aspects of risk governance
  • Contributions that highlight the interdisciplinary nature of the research area were particularly desired.

Program

The following  presentations  were given on the topics presented above.

 

Press Report

A press report on the 1st Annual Risk Governance Conference was subsequently published in Risikomanager. 

Special Issues

Please find here the articles from the special issue on the annual conference 2020. The publications listed below can be found  here.

Hiebl, M.R.W. (2022), "Guest editorial", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 1-11.

Murr, P., Carrera, N. (2022), "Institutional logics and risk management practies in government entities: evidence from Saudi Arabia", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 12-32.

Schäfer, F.-S., Hirsch, B., Nitzl, C. (2022), "Stakeholder pressure as a driver of risk management practices in public administrations", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 33-56.

Tica, A., Weißenberger, B.E. (2022), "How regulatory changes are driven by a need for control in reputational scandals: a case study in the German insurance industry", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 57-76.

Hassan, M.K., Abdulkarim, M.E., Ismael, H.R. (2022), "Risk governance: exploring the role of organizational culture", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 77-99.

Tan, C., Lee, S.Z. (2022), "Adoption of enterprise risk management (ERM) in small and medium-sized enterprises: evidence from Malaysia", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 100-131.

Nagel, D.Y., Fuhrmann, S., Guenther, T.W. (2022), ""Red" and "green" flags of risk disclosures - identifying associations between positive and negative key phrases and consecutive cumulative abnormal stock returns", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 132-152.

Harten, C., Meyer, M., Bellora-Bienengräber, L. (2022), "Talking about the likelihood of risks: an agent-based simulation of discussion processes in risk workshops", Journal of Accounting & Organizational Change, Vol. 18, No. 1, pp. 153-173.

Please find here the articles from the special issue on the annual conference 2019. The publications listed below can be found here.

Bischof, J., Dutzi, A., Gros, M. (2022), "Sustainability reporting and risk governance", Journal of Business Economics, Vol. 92, No. 3, pp. 349-353.

Boland, C.M., Ewelt-Knauer, C., Schneider, J. (2022), "The gift that keeps on giving: corporate giving and excessive risk-taking", Journal of Business Economics, Vol. 92, No. 3, pp. 355-396.

Neitzert, F., Petras, M. (2022), "Corporate social responsibility and bank risk",  Journal of Business Economics , Vol. 92, No. 3, pp. 397-428.

Lopatta, K., Kaspereit, T., Tidemann, S.A., Rudolf, A.R. (2022), "The moderating role of CEO sustainability reporting style in the relationship between sustainability performance, sustainability reporting, and cost of equity",  Journal of Business Economics , Vol. 92, No. 3, pp. 429-465.

Gleißner, W., Günther, T., Walkshäusl, C. (2022), "Financial sustainability: measurement and empirical evidence", Journal of Business Economics, Vol. 92, No. 3, pp. 467-516.

Gerwing, T., Kajüter, P., Wirth, M. (2022), "The role of sustainable corporate governance in mandatory sustainability reporting quality",  Journal of Business Economics , Vol. 92, No. 3, pp. 517-555.  

Please find here the articles from the special issue on the annual conference 2018. The publications listed below can be found here. 

Hiebl, M.R.W. (2019), "Guest editorial", Management Research Review, Vol. 42, No. 11, pp. 1217-1223.

Stein, V., Wiedemann, A., Bouten, C. (2019), "Framing risk governance", Management Research Review, Vol. 42, No. 11, pp. 1224-1242.

Gleißner, W. (2019), "Cost of capital and probability of default in value-based risk management", Management Research Review, Vol. 42, No. 11, pp. 1243-1258.

Gotteiner, S., Mas-Machuca, M., Marimon, F. (2019), "Fighting organizational decline: a risk-based approach to organizational anti-aging", Management Research Review, Vol. 42, No. 11, pp. 1259-1277.

Handschuhmacher, F., Behrmann, M., Ceschinski, W., Sassen, R. (2019), "Do board interlocks support monitoring effectiveness?: Evidence from listed German companies", Management Research Review, Vol. 42, No. 11, pp. 1278-1296.

Please find here the articles from the special issue on the annual conference 2017. The publications listed below can be found here.

Hiebl, M.R.W., Baule, R., Dutzi, A., Stein, V., Wiedemann, A. (2018), "Guest editorial", Journal of Risk Finance, Vol. 19, No. 4, pp. 318-324.

Agarwal, R., Kallapur, S. (2018), "Cognitive risk culture and advanced roles of actors in risk governance: a case study", Journal of Risk Finance, Vol. 19, No. 4, pp. 327-342.

Gupta, M., Prakash, P. (2018), "Impact of underwriting insurance risk on bank holding company behavior", Journal of Risk Finance, Vol. 19, No. 4, pp. 343-360.

Pratono, A.H. (2018), "Does firm performance increase with risk-taking behavior under information technological turbulence?: Empirical evidence from Indonesian SMEs", Journal of Risk Finance, Vol. 19, No. 4, pp. 361-378.

Sassen, R., Stoffel, M., Behrmann, M., Ceschinski, W., Doan, H. (2018), "Effects of committee overlap in the monitoring effectiveness of boards of directors: a meta-analysis", Journal of Risk Finance, Vol. 19, No. 4, pp. 379-395.

Schedlinsky, I., Sommer, F., Wöhrmann, A. (2018), "Influencing risk taking in competitive environments: an experimental analysis", Journal of Risk Finance, Vol. 19, No. 4, pp. 396-412.

Please find here the articles from the special issue on the annual conference 2016. The publications listed below can be found here.

Martin R. Hiebl, Rainer Baule, Andreas Dutzi, Michael Torben Menk, Volker Stein, Arnd Wiedemann (2018): Risk Governance im Mittelstand: Eine Einführung der Gastherausgeber, in: ZfKE - Zeitschrift für KMU und Entrepreneurship: Vol. 66, Risk Governance im Mittelstand, S. 1-11.

Patrick Ulrich (2018), Integration von Risikoaspekten in operative Planung und Budgetierung: Was unterscheidet mittelständische Familienunternehmen von anderen Unternehmen?, in: ZfKE - Zeitschrift für KMU und Entrepreneurship, Vol. 66, S. 13-33.

Dorian Proksch, Wiebke Stranz und Andreas Pinkwart (2018): Risikomanagement in Venture Capital Gesellschaften: Die Sicht auf Portfoliounternehmen, in: ZfKE - Zeitschrift für KMU und Entrepreneurship, Vol. 66, S. 35-66.

Volker Stein, Arnd Wiedemann und Jan Hendrik Wilhelms (2018): Integrative Risikosteuerungsansätze für KMU: Enterprise Risk Management versus Risk Govenance (Entrepreneurship-kompakt-Beitrag), in: ZfKE - Zeitschrift für KMU und Entrepreneurship, Vol. 66, S. 61-70.

Contact

Univ.-Prof. Dr. Arnd Wiedemann
 

Unteres Schloß 3
Room: US-A 004
Tel.: 0271 / 740-2664

57072 Siegen