(The Conference Board: New York) -- Corporate boards are beginning to take ownership of risk management, according to recently released report by The Conference Board.

The report, “Risk Oversight Practices: Insights from Corporate Directors,” (Report No. DN-014-10) is the most recent installment of The Conference Board Director Notes series. It was produced in collaboration with McKinsey & Co. and the Global Association of Risk Professionals, and is based on a series of interviews with corporate directors on emerging board practices in risk oversight.

Interview participants included 20 members of U.S. public company boards, representing a variety of business sectors—including manufacturing, technology, real estate, food services, retail, telecommunications, air travel, energy, health care, and banking—and ranging according to revenues from $150 million to more than $30 billion in annual revenues.

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