Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Regulatory Risk Trumps Others in Recent Study

Tammy Whitehouse | February 13, 2013

Even more frightening than a persistently uncertain economic outlook, board members and C-suite executives say regulatory issues present the most serious risk their companies face in 2013.

A recent survey by Protiviti and North Carolina State University of more than 200 directors and executives found regulatory changes and increased regulatory scrutiny on product and service offerings is the most significant risk on their companies' radar. On a scale of one to 10 to indicate the significance of expected impact, survey respondents ranked regulatory concerns a 6.8, edging out even economic conditions, which rated 6.5. Uncertain political leadership that could limit growth opportunities came in third on the risk ranking, given a score of 6.0.

In financial services and health care sectors, the concern over regulatory risk is even greater. Survey participants in...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.