E&Y warns of 'black hole' investment in risk management
Almost half (41%) of global companies plan to increase their spending on governance, risk management and compliance in the next 12-18 months, but around the same number (44%) admit they find implementing these measures difficult.
However, research by Ernst & Young has found that without proper focus, this investment is potentially being poured into a multi-billion dollar black hole.
Martin Studer, Ernst & Young Europe, Middle
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