믡볆퇐뺿놨룦쿂뗄쓚늿뿘훆탂랢햹3ꆪꆪꆪ듓훐몽폍쫂볾뾴웳튵럧쿕맜샭뷰ꆡ샮죴즽ꆡ탬쏷샚(뢴떩듳톧맜샭톧풺믡볆쾵ꆡ200433)ꆾ햪튪ꆿ놾컄죏캪,ퟮ뷼랢짺퓚탂볓웂뗄훐몽폍쫂볾쫇웳튵쓚늿뿘훆쪧냜뗄뷡맻ꆣ퓚럖컶훐몽폍쫂볾맽돌훐,ퟷ헟춨맽뷨본2004쓪10퓂냤늼뗄탂COSO놨룦쓚죝,듓쓚늿뿘훆뗄냋룶튪쯘뷇뛈,훰늽웊컶쇋훐몽폍쫂볾랢짺뗄룹풴폫맽돌,캪훐맺웳튵죧뫎뷨본맺볊웳튵럧쿕맜샭랽램,ퟷ쇋튻룶돵늽뎢쫔,춬쪱,놾컄뮹뷩짜쇋탂뗄웳튵럧쿕맜샭뿲볜냤늼뗄놳뺰ꆢ샭싛릱쿗벰뛔컒맺웳튵뗄웴쪾ꆣꆾ맘볼듊ꆿ쓚늿뿘훆ꆡ훐몽폍ꆡ웳튵럧쿕맜샭뿲볜튻ꆢ떼퇔훐몽폍뻞뿷쫂볾,뛔맺쓚췢쿠맘룷랽뚼닺짺쇋훘듳돥믷뫍짮풶펰쿬ꆣ평폚훐몽폍뗄맺웳놳뺰,룃쫂볾뛔컒맺뗄맺볒탅폃틔벰컒맺웳튵몣췢짏쫐잰뺰뚼닺짺쇋뢺쏦ퟷ폃ꆣ폫훐몽폍쫂볾벸뫵춬웚랢짺퓚맺쓚뗄틁샻막럝룟맜놻뻐럧늨ꆢ뒴캬쫽싫뚭쫂뻖훷쾯놻늶틔벰뷰헽쫽싫뫍짮�쪯뮯풭뚭쫂뎤놻늶뗈쫂볾,튲룸컒쏇쳡돶쇋튻룶쿠춬뗄컊쳢:컒쏇뗄웳튵떽뗗돶쇋쪲쎴컊쳢?뻍퓚듋쪱,맺볊훸쏻뗄랴탩볙닆컱놨룦캯풱믡(벴Treaday캯풱믡)폚2004쓪쓪뗗,헫뛔맺볊웳튵뷧욵랱랢짺뗄룟닣맜샭죋풱컨뇗쿖쿳,럏돽쇋퇘폃뫜뻃뗄웳튵쓚늿뿘훆놨룦,냤늼쇋튻룶룅쓮좫탂뗄COSO놨룦:벴ꆶ웳튵럧쿕맜샭ꆪꆪꆪퟜ쳥뿲볜ꆷ(Enter2priseRiskManagement,볲돆ERM)ꆣ듋놨룦쯤좻놣쇴쇋늿럖뒫춳쓚늿뿘훆뗄쒳킩룅쓮,떫늻싛퓚뿲볜짏ꆢ뮹쫇퓚튪쯘랽쏦,뻹폐쿠떱듳뗄춻웆ꆣ퓚죧듋퓞폾횮쿂뗄탂쓚늿뿘훆뿲볜,쯼돶첨뗄놳뺰폫뚯믺폖쫇쪲쎴?웤뻟쳥쓚죝뺿뺹쫇쪲쎴?쯼쓜캪컒맺웳튵쓚늿뿘훆뗄룄짆듸살쪲쎴틢틥?헢쫇컒쏇탨튪럖컶뗄쓚죝ꆣ뛾ꆢCOSO캯풱믡탂놨룦ꆶ웳튵럧쿕맜샭ꆪꆪꆪퟜ쳥뿲볜ꆷ뷢뛁쓚늿뿘훆샭싛쫇쯦ퟅ웳튵쓚뿘쪵볹뺭퇩뗄럡뢻뛸훰붥랢햹웰살뗄,듳훂뺭샺쇋쓚늿잣훆ꆢ쓚늿뿘훆쾵춳ꆢ쓚늿뿘훆뷡릹뫍쓚늿뿘훆헻쳥뿲볜쯄룶샭싛뷗뛎(뒢쾡솺,2004)ꆣ평쏀맺힢닡믡볆쪦킭믡(AICPA)ꆢ쏀맺믡볆톧믡(AAA)ꆢ닆컱뺭샭킭믡(FEI)ꆢ맺볊쓚늿짳볆쪦킭믡(IIA)뫍맜샭믡볆쪦킭믡(MIA)컥듳톧믡릲춬ퟩ돉뗄Treadway캯풱믡,폚1992쓪랢뇭,늢폚1994쓪탞뚩뗄ꆶ쓚늿뿘훆ꆪꆪꆪ헻쳥뿲볜ꆷ놨룦,뇪횾ퟅ쓚늿뿘훆샭싛폫쪵볹뷸죫쇋헻쳥뿲볜뗄탂뷗뛎,늢놻쫀뷧짏탭뛠웳튵쯹닉폃ꆣ뺡맜죧듋,샭싛뷧뫍쪵컱뷧뮹쫇죏캪룃쓚늿뿘훆뿲볜폐킩뻖쿞탔,죧뛔럧쿕잿뗷늻릻,쪹뗃쓚늿뿘훆컞램폫웳튵뗄럧쿕맜샭쿠뷡뫏(훬죙뛷,뫘타,2003)ꆣ2004쓪10퓂럝랢늼뗄웳튵럧쿕맜샭(EnterpriseRiskManagement,ERM)뿲볜뻍3놾컄뗃떽맺볒ퟔ좻뿆톧믹뷰쿮쒿(쿮쒿뇠뫅:70272019)뗄횧돖ꆣ32
믡볆퇐뺿쫇퓚1992쓪놨룦뗄믹뒡짏,뷡뫏ꆶ죸냠쮹ꆪ냂뿋쮹램낸ꆷ(Sarbanes-OxleyAct)뗄쿠맘튪쟳삩햹퇐뺿뗃떽뗄ꆣ폫뒫춳쓚늿뿘훆쓚죝쿠뇈,탂뿲볜폐쇋뷏뛠뗄뇤뮯ꆣ헢킩뇤뮯훷튪냼삨죧쿂벸룶랽쏦:(튻)웳튵럧쿕맜샭뛔쓚늿뿘훆쓚몭뗄랢햹1992쓪COSO놨룦뛔쓚늿뿘훆뗄뚨틥쫇:ꆰ쓚늿뿘훆쫇튻룶쫜떽뚭쫂믡ꆢ뺭샭닣뫍웤쯻죋풱펰쿬뗄맽돌,룃맽돌뗄짨볆쫇캪쇋쳡릩쪵쿖틔쿂죽샠쒿뇪뗄뫏샭놣횤:뺭펪뗄킧맻뫍킧싊ꆢ닆컱놨룦뗄뿉뾿탔ꆢ램싉램맦뗄ퟱ톭탔ꆣꆱ쓚늿뿘훆뗄뚨틥쏷좷쇋쯄룶튪뗣:(1)쫇튻룶맽돌;(2)쫜죋캪펰쿬;(3)캪쇋듯떽죽룶쒿뇪;(4)뫏샭놣횤ꆣ헢룶뚨틥뺡맜럇뎣뿭,떫듓쒳훖뷇뛈살쮵,폖뇈뷏쒣뫽,듦퓚쒳킩욬쏦탔ꆣ맊풭COSO놨룦1992쓪돶냦뫳늻뻃,뻍폐짹틴엺움룃놨룦좱랦놣헏닺뗄룅쓮ꆣ샽죧쏀맺짳볆ퟜ쫰(GAO)죏캪,헢룶컄볾뛔폚쓚늿뿘훆뗄훘튪탔뗄잿뗷뮹늻릻,쯼즥쪧쇋쳡룟쓚늿뿘훆볠뚽뫍움맀뗄믺믡ꆣ쏀맺잰ퟜ짳볆뎤닩뛻쮹ꆤ놫톩(CharlesBowsher)퓸뺭쮵:ꆰ뛔폐킧뿘훆뗄ퟮ듳탨쟳뿉쓜쫇퓚탅듻ퟩ뫏쇬폲ꆣꆭꆭ튻럝쎻폐쮿뫁첸벰탅듻ퟩ뫏뗄폐맘쓚늿뿘훆뗄닆컱놨룦쫇쎻폐죎뫎폃뒦뗄ꆣꆱ(CraigJamesL,1993)떫떱쪱뗄COSO훷쾯싞늮쳘.L.쎷()퓲죏캪,놣헏닺뗄뾼싇룼쫊뫏ퟷ캪튻훖뺭펪뿘훆(StevenJRoot,2004)ꆣ평폚쏀맺짳볆ퟜ쫰뗄펰쿬뻞듳(샽죧뿉쓜쪹틸탐뗈죏캪COSO놨룦폫웤컞맘),죧맻COSO놨룦늻룹뻝웤튪쟳뷸탐탞룄뗄뮰,듓튻뾪쪼뻍뿉쓜쏦쇙놻엗웺뗄쏼퓋ꆣퟮ뫳췗킭뗄뷡맻쫇,퓚1994쓪탞뚩뫳뗄놨룦짏,쳡돶쇋ꆰ놣헏닺뗄쓚늿뿘훆ꆱ뗄룅쓮,벴ꆰ풤럀캴뺭쫚좨뗄믱뗃ꆢ쪹폃믲뒦샭닺,ꆭꆱꆣ뿉볻,헢튻룅쓮쫇럇뎣쏣잿뗘퓋폃퓚쓚늿뿘훆뿲볜훐ꆣ뛸탂뗄ERM뿲볜럇뎣쏷좷쇋뛔놣뮤닺룅쓮뗄퓋폃ꆣ탂놨룦죏캪ꆰ놣뮤닺ꆱ믲헟ꆰ놣뮤풴ꆱ쫇튻룶맣틥뗄룅쓮,닺믲풴뗄쯰쪧뿉쓜평폚춵뗁ꆢ샋럑ꆢ컞킧싊믲듭컳뗄짌튵뻶닟뗈ꆣ틲듋,맣틥뗄ꆰ놣뮤닺ꆱ쒿뇪랶캧벯훐캪쳘뚨뗄놨룦쒿뇪,쪹뗃놣뮤닺쫊폃폚쯹폐캴뺭쫚좨뗄믱뗃ꆢ쪹폃ꆢ뒦훃닺ꆣ폖죧,쓚늿뿘훆폫맜샭믮뚯폐쪲쎴쟸뇰?퓚풭놨룦훐늢늻쟥컺ꆣ폐킩뛔듭컳뻀헽뗄맜샭탐캪,늢늻냼삨퓚풭폐COSO놨룦뗄쓚늿뿘훆믮뚯횮훐ꆣ뛸탂뗄ERM뿲볜틑뺭붫뻀헽듭컳뗄맜샭탐캪쏷좷뗘쇐캪뿘훆믮뚯횮튻ꆣERM뿲볜뛔쓚늿뿘훆뗄뚨틥쏷좷쇋틔쿂쓚죝:(1)쫇튻룶맽돌;(2)놻죋펰쿬;(3)펦폃폚햽싔훆뚨;(4)맡뒩헻룶웳튵뗄쯹폐닣벶뫍떥캻;(5)횼퓚쪶뇰펰쿬ퟩ횯뗄쫂볾늢퓚ퟩ횯뗄럧쿕욫뫃랶캧쓚맜샭럧쿕;(6)뫏샭놣횤;(7)캪쇋쪵쿖룷샠쒿뇪ꆣ뛔뇈풭살뗄뚨틥,ERM룅쓮튪쾸뮯뗄뛠ꆣ평폚탂CO2SO놨룦쳡돶쇋럧쿕욫뫃ꆢ럧쿕죝죌뛈뗈룅쓮,쪹뗃ERM뗄뚨틥룼볓쏷좷ꆢ뻟쳥ꆣ춬쪱,ERM폖몭룇쇋쓚늿뿘훆쯹폐뫏샭뗄쓚죝ꆣ(뛾)웳튵럧쿕맜샭뛔쓚늿뿘훆쒿뇪뗄랢햹퓚1994쓪ꆶ쓚늿뿘훆ꆪꆪꆪ헻쳥뿲볜ꆷ훐,쓚늿뿘훆폐죽룶쒿뇪:뺭펪뗄킧맻뫍킧싊ꆢ닆컱놨룦뗄뿉뾿탔뫍램싉램맦뗄ퟱ톭탔ꆣERM헻쳥뿲볜훐돽쇋뺭펪쒿뇪뫍뫏램탔쒿뇪폫쓚늿뿘훆헻쳥뿲볜쿠쯆틔췢,뮹붫ꆰ닆컱놨룦뗄뿉뾿탔ꆱ랢햹캪ꆰ놨룦뗄뿉뾿탔ꆱꆣ풭COSO놨룦냑닆컱놨룦뗄뿉뾿탔뷧뚨캪ꆰ뇠훆뿉뾿뗄릫뾪닆컱놨뇭뗄,냼삨훐웚뫍볲튪닆컱놨뇭,틔벰듓헢킩닆컱놨뇭훐햪돶뗄쫽뻝,죧샻죳럖엤쫽뻝ꆱꆣ탂놨룦퓲붫놨룦췘햹떽ꆰ쓚늿뗄뫍췢늿뗄ꆱꆰ닆컱뗄뫍럇닆컱뗄놨룦ꆱ,룃쒿뇪몭룇쇋웳튵뗄쯹폐놨룦ꆣ돽듋횮췢,탂COSO놨룦쳡돶쇋튻샠탂뗄쒿뇪ꆪꆪꆪ햽싔쒿뇪ꆣ룃쒿뇪뗄닣듎뇈웤쯻죽룶쒿뇪룼룟ꆣ웳튵뗄럧쿕맜샭퓚펦폃폚쪵쿖웳튵웤쯻죽샠쒿뇪뗄맽돌훐,튲펦폃폚웳튵뗄햽싔훆뚨뷗뛎ꆣ(죽)웳튵럧쿕맜샭뛔쓚늿뿘훆튪쯘뗄랢햹1994쓪COSO놨룦ꆶ쓚늿뿘훆ꆪꆪꆪ헻쳥뿲볜ꆷ훐,쳡돶쇋컥룶튪쯘:뿘훆뮷뺳ꆢ럧쿕움맀ꆢ뿘훆믮뚯ꆢ탅쾢뫍릵춨ꆢ볠뚽ꆣERM뿲볜뛔헢컥룶튪쯘뷸탐짮뮯뫍췘햹,붫웤퇝뇤캪냋룶튪쯘ꆣ샽죧,ERM뿲33
믡볆퇐뺿볜틽죫럧쿕욫뫃뫍럧쿕컄뮯,붫풭폐뗄ꆰ뿘훆뮷뺳ꆱ삩햹캪ꆰ쓚늿뮷뺳ꆱꆣ폖죧,쯤좻쓚늿뿘훆헻쳥뿲볜뫍ERM뿲볜뚼잿뗷뛔럧쿕뗄움맀,떫럧쿕맜샭뿲볜붨틩룼볓춸뎹뗘뾴듽럧쿕맜샭,벴듓만폐럧쿕뫍닐듦럧쿕뗄뷇뛈살뾴듽럧쿕,뛔럧쿕펰쿬뗄럖컶퓲닉폃볲떥쯣쫵욽뻹쫽ꆢퟮ닮쟩탎쿂뗄맀볆횵믲헟쫂쿮럖늼뗈벼쫵살럖컶(훬죙뛷,뫘타,2003)ꆣ퓙죧,평폚풭놨룦뷶쳡돶죽룶쒿뇪,틲듋ꆰ탅쾢폫릵춨ꆱ훐뗄탅쾢뷶뷶횸폫헢죽룶쒿뇪쿠맘뗄탅쾢ꆣ뛸탂뗄놨룦냼삨쇋폫ퟩ횯뗄룷룶뷗닣ꆢ룷샠쒿뇪쿠맘뗄탅쾢,헢뻍뛔맜샭닣붫뻞솿뗄탅쾢뒦샭뫍뺫솶돉뿉뿘뗄탅쾢(actionableinformation)쳡돶쇋쳴햽ꆣ풭COSO놨룦뷶쳡돶럧쿕쪶뇰,떫쫇늢쎻폐쟸럖럧쿕뫍믺믡ꆣERM뿲볜퓲붫럧쿕뚨틥캪ꆰ뿉쓜폐뢺쏦펰쿬뗄쫂쿮ꆱ,늢쟒틽죫쇋럧쿕욫뫃ꆢ럧쿕죝죌뛈뗈룅쓮,붫풭폐뗄럧쿕움맀헢튻튪쯘,랢햹캪쒿뇪짨뚨ꆢ쫂쿮쪶뇰ꆢ럧쿕움맀뫍럧쿕랴펦쯄룶튪쯘,쪹뗃풭폐뗄쓚뿘컥튪쯘랢햹캪럧쿕맜샭냋튪쯘ꆣ(쯄)쿠맘뷇즫뫍죎컱뗄뇤뮯탂샏COSO놨룦뚼붫ퟩ횯뗄뚭쫂믡ꆢ맜샭닣뫍쓚늿짳볆뫍웤쯻횰풱뾴돉쫇쿠맘퓰죎죋ꆣ퓚쓚늿뿘훆뿲볜뫍ERM뿲볜훐,뚭쫂믡뚼쳡릩맜샭ꆢ횸틽뫍뫋닩ꆣ쯤좻뚭쫂훷튪쳡릩볠뚽,떫쫇튲쳡릩횸떼틔벰엺ힼ햽싔ꆢ튻킩쳘쫢붻틗뫍헾닟ꆣ뚭쫂믡볈쫇쓚늿뿘훆뗄훘튪틲쯘,튲쫇웳튵럧쿕맜샭훘튪틲쯘ꆣERM뿲볜쪹뚭쫂믡퓚웳튵럧쿕맜샭랽쏦냧퇝룼볓훘튪뗄뷇즫ꆪꆪꆪ뢺ퟜ쳥퓰죎,늢쟒튪쟳웤뇤뗃룼볓뺯쳨ꆣ웳튵럧쿕맜샭뗄돉릦폫럱퓚뫜듳돌뛈짏틀삵폚뚭쫂믡,뚭쫂믡탨튪엺ힼퟩ횯뗄럧쿕욫뫃ꆣ틔잰,떱릫쮾돶쿖돳컅쪱,뫜뛠죋컊:ꆰ맜샭닣퓵쎴죃헢랢짺뗄ꆱ?쿖퓚,뿖엂튪컊:ꆰ뚭쫂믡퓵쎴죃헢랢짺뗄ꆱ?(DanaRhermanson,2003)퓚탂놨룦훐,CEO뇘탨쪶뇰쒿뇪뫍햽싔랽낸,늢쟒붫웤럖샠캪햽싔쒿뇪ꆢ뺭펪쒿뇪ꆢ놨룦쒿뇪뫍ퟱ톭탔쒿뇪쯄샠ꆣ쎿튻룶튵컱떥풪ꆢ럖늿ꆢퟓ릫쮾뗄쇬떼튲탨튪쪶뇰룷ퟔ뗄쒿뇪,늢폫웳튵뗄ퟜ쳥쒿뇪쿠솪쾵(GeorgeMatyjewiczetal,2004)ꆣ튻떩짨뚨쇋쒿뇪,맜샭닣뻍탨튪쪶뇰럧쿕뫍펰쿬럧쿕뗄쫂쿮ꆢ움맀럧쿕늢닉좡뿘훆듫쪩ꆣ퓚ERM뿲볜훐,쓚늿짳볆죋풱퓚볠뚽뫍움볛돉맻랽쏦돐떣훘튪죎컱ꆣ쯻쏇뇘탨킭훺맜샭닣뫍뚭쫂믡볠뚽ꆢ움볛ꆢ볬닩ꆢ놨룦뫍룄룯ERMꆣ뛔폚쓚짳죋풱살쮵,ퟮ듳뗄쳴햽쫇퓚ERM훐냧퇝뫎훖뷇즫?뫜뛠쓚짳죋풱뿉쓜놻튪쟳쳡릩ERM뗄뷌폽뫍통솷,짵훁ꆰ뒦샭웳튵럧쿕맜샭맽돌ꆱꆣ떫쫇,탂놨룦죏캪:쓚짳죋풱늢늻뛔붨솢ERM쳥쾵돐떣훷튪퓰죎ꆣ뮹폐컄헂쳡탑쓚짳죋풱늻튪탐쪹늻욥엤뗄횰쓜ꆣ(,2003)쓚짳죋풱횰퓰뗄쇭튻룶뇤뮯쫇듓풭살뛔CFO뫍쓚짳캯풱믡뢺퓰,쿖퓚뿉쓜튪뛔CFOꆢ쓚짳캯풱믡뫍럧쿕훷맜(riskofficer,CFO)뢺퓰ꆣ퓚ERM뿲볜훐,탂퓶볓쇋튻룶뷇즫ꆪꆪꆪ럧쿕훷맜믲럧쿕뺭샭ꆣ럧쿕훷맜돽쇋탨튪뫍웤쯻맜샭죋풱튻퇹,퓚ퟔ벺뗄횰퓰랶캧쓚붨솢웰럧쿕맜샭췢,뮹튪냯훺웤쯻뺭샭죋놨룦웳튵럧쿕탅쾢,늢뿉쓜쫇럧쿕맜샭캯풱믡뗄돉풱횮튻ꆣ죽ꆢ틔랴탩볙닆컱놨룦캯풱믡뗄ꆶ웳튵럧쿕맜샭ꆪꆪꆪퟜ쳥뿲볜ꆷ살뷢뛁훐몽폍쫂볾훐맺몽폍(탂볓웂)막럝폐쿞릫쮾쫇훐맺몽뿕폍쇏벯췅릫쮾뗄몣췢뿘막릫쮾ꆣ뺭맺볒폐맘늿쏅엺ힼ,탂볓웂릫쮾퓚좡뗃훐맺몽폍벯췅릫쮾쫚좨뫳,ퟔ2003쓪뾪쪼ퟶ폍욷쳗웚놣횵튵컱ꆣ퓚듋웚볤,탂볓웂릫쮾ퟜ닃돂뻃쇘짃ퟔ삩듳튵컱랶캧,듓2003뾪쪼듓쫂쪯폍퇜짺욷웚좨붻틗,춬죕놾죽뺮틸탐ꆢ램맺탋튵틸탐ꆢ펢맺냍뿋삳틸탐ꆢ탂볓웂랢햹틸탐뫍탂볓웂싳룪샻틸탐뗈퓚웚믵붻틗뎡췢,잩뚩쇋뫏춬ꆣ돂뻃쇘싲쇋ꆰ뾴뗸ꆱ웚좨,뛄힢쎿춰38쏀풪,쎻쿫떽맺볊폍볛튻슷엊짽ꆪꆪꆪ2004쓪10퓂틔뫳,탂볓웂릫쮾쯹돖쪯폍퇜짺욷엌캻틑풶풶뎬맽풤웚볛룱ꆣ룹뻝뫏춬,훐몽폍탨쿲붻틗뛔랽(틸탐뫍뷰죚믺릹)횧뢶놣횤뷰,쎿춰폍볛쎿짏헇1쏀풪,훐몽폍탂볓웂릫쮾튪쿲헢킩틸탐횧뢶5000췲쏀풪뗄놣횤뷰,웤뷡맻떼훂훐몽폍쿖뷰쇷솿뿝뷟,쪵볊쯰쪧뫍잱퓚쯰쪧ퟜ볆풼5154틚쏀풪ꆣ(탭뾡,2004)쫂쪵짏,돂뻃쇘헢훖쪯폍웚좨춶믺붻틗,웤막뚫랽훐몽폍벯췅릫쮾쫇쏷쇮뷻횹뗄ꆣ맺컱풺1998쓪834
믡볆퇐뺿퓂1죕ꆶ맺컱풺맘폚뷸튻늽헻뛙뫍맦랶웚믵쫐뎡뗄춨횪ꆷꆢ2001쓪10퓂11죕횤볠믡랢늼뗄ꆶ맺폐웳튵뺳췢웚믵쳗웚놣횵튵컱맜샭훆뛈횸떼틢볻ꆷ뚼쏷좷맦뚨쇋좡뗃뺳췢웚믵튵컱탭뿉횤뗄웳튵,퓚뺳췢쫐뎡횻쓜뷸탐쳗웚놣횵,늻쓜뷸탐춶믺튵컱ꆣ1999쓪6퓂2죕맺컱풺랢늼뗄ꆶ웚믵붻틗맜샭퓝탐쳵샽ꆷ,튲맦뚨쇋맺폐웳튵뗄웚믵붻틗뷶쿞폚듓쫂쳗웚놣횵튵컱(쟒쏼쇮뷻횹뎡췢붻틗),늢튪쟳웚믵붻틗ퟜ솿펦떱폫웤춬웚쿖믵붻틗솿ퟜ솿쿠쫊펦ꆣ좻뛸,훐몽폍듓쫂틔짏붻틗쪱,튻횱캴쿲훐맺몽폍벯췅릫쮾놨룦,뛸쟒훐맺몽폍벯췅튲쎻폐랢쿖ꆣ횱떽놣횤뷰횧뢶컊쳢쓑틔뷢뻶ꆢ뺭펪쓑틔캪볌뗄쟩뿶쿂,탂볓웂릫쮾닅쿲훐맺몽폍벯췅릫쮾뷴벱놨룦ꆣ벴뇣죧듋,훐몽폍릫쮾튲쎻폐쿲벯췅릫쮾쮵쏷쪵쟩ꆣ뛸쟒캪쇋퇚쫎릫쮾뗄캥램탐캪,훐몽폍뾪쪼쿲짏벶릫쮾쳡릩볙헋,2004쓪6퓂,훐몽폍뻍틑뺭퓚쪯폍웚믵붻틗짏쏦쇙3580췲쏀풪뗄잱퓚뿷쯰ꆣ떫릫쮾죔좻튻틢맂탐,볌탸ힷ볓쇋듭컳랽쿲ꆰퟶ뿕ꆱ뷰,떫퓚닆컱헋쏦짏쎻폐죎뫎쿔쪾ꆣ평폚돂뻃쇘퓚뎡췢뷸탐붻틗,벯췅춨맽헽뎣뗄닆컱놨뇭쎻폐랢쿖돂뻃쇘뗄쏘쏜,탂볓웂떱뗘뗄볠뚽믺릹튲쎻폐랢쿖웤폐캥맦쿖쿳,틲듋,닅쪹뗃훐몽폍쫂볾듓튻룶늢늻뫜듳뗄쪧컳뾪쪼,쓰돉캪쪯웆쳬뺪뗄듳낸ꆢ튪낸ꆣ룹뻝짏쫶훐몽폍쫂볾,컒쏇뛔뇈ERM뿲볜,죏캪폐죧쿂벸룶랽쏦럇뎣횵뗃맘힢:(튻)맘힢웳튵럧쿕뇈맘힢웳튵쾸뷚뿘훆룼캪훘튪ERM뿲볜ퟮ듳뗄뇤뮯,뻍쫇붫웳튵쓚늿뿘훆룼쏻캪웳튵럧쿕맜샭,헢튻뇤뮯쫇폐쳘쫢틢틥뗄ꆣ쫂쪵짏,냼삨훐몽폍릫쮾퓚쓚,벸뫵쯹폐뗄릫쮾뚼폐튻듳쳗맜샭훆뛈ꆣ헢킩훆뛈듳떽냼삨뛔췢춶ꆢ킡떽냼삨닮싃럑놨쿺뗈,펦폐뺡폐ꆣ틲듋,웳튵뚭쫂믡폫맜샭닣죏캪,헢킩훆뛈뗄맡뎹폫횴탐,뻍쫇쓚늿뿘훆뗄쯹폐쓚죝ꆣ웤쪵,웳튵뗄맜샭풴쫇폐쿞뗄ꆢ뿘훆튲쫇탨튪돉놾뗄ꆣ죧맻붫웳튵훷튪뺫솦럅퓚쯹폐쾸킡뗄ꆢ믲캢늻ퟣ뗀뗄뿘훆짏,췹췹믡짡놾쟳쒿,죧폐킩웳튵퓚닮싃럑놨쿺뗄맦뚨짏,뎤듯쫽쪮튳,벫웤랱쯶,뇭쏦짏뿘훆뗃뫜뫃,떫샋럑쇋탭뛠맜샭풴,뮹믡뫶쫓웳튵훘듳럧쿕ꆣ쯹틔,ERM뿲볜튪쟳뚭쫂믡폫맜샭닣붫뺫솦훷튪럅퓚뿉쓜닺짺훘듳럧쿕뮷뷚짏,뛸늻쫇쯹폐쾸킡뮷뷚짏,붫럧쿕맜샭ퟷ캪쓚늿뿘훆뗄ퟮ훷튪쓚죝,헢쫇튻룶룯쏼탔뗄뇤뮯ꆣ쫂쪵짏,훐몽폍릫쮾퓸퓚2003쓪놻탂볓웂횤좯볠뚽늿쏅쇐캪ퟮ뻟춸쏷뗄웳튵,쮵쏷룃웳튵좷쪵퓚쾸뷚랽쏦뗄쓚늿뿘훆ퟶ뗃럇뎣훜떽ꆣ떫쫇,듓쫂뫳놩슶돶뗄뷡맻살뾴,잡잡쫇퓚뺭펪럧쿕맜샭짏돶쇋컊쳢ꆣ쯹틔,ERM뿲볜튪쟳뚭쫂믡붫훷튪뺫솦럅퓚럧쿕맜샭짏,뛸늻쫇쯹폐쾸뷚뗄뿘훆짏,쫇럇뎣횵뗃맘힢뗄뇤뮯ꆣ(뛾)횴탐ERM뿲볜뇈짨볆쓚늿뿘훆뿲볜룼캪훘튪펦룃쮵,죎뫎튻룶릫쮾뚼믲뛠믲짙듦퓚튻뚨뗄쓚늿뿘훆,럱퓲,릫쮾쫇컞램헽뎣퓋탐뗄ꆣ쫂쪵짏,훐몽폍릫쮾놾짭튲폐튻헻쳗쓚늿뿘훆훆뛈,캪쇋ힷ쟳훆뛈뗄췪쏀,쯻쏇뮹울쟫쇋맺볊쯄듳믡볆쪦쫂컱쯹횮튻뗄낲폀믡볆쪦쫂컱쯹훆뚨쇋ꆶ럧쿕맜샭쫖닡ꆷ,퓚룃쫖닡훐맦뚨:쯰쪧뎬맽500췲쏀풪,뇘탫놨룦뚭쫂믡,늢솢벴닉좡횹쯰듫쪩뗈ꆣ좻뛸,떱돂뻃쇘퓚뒦샭웚믵춷듧뗄맽돌훐,헢킩맦뚨뗄쇷돌돉캪탎쪽,짨뚨뗄럧쿕맜샭쳥쾵늢쎻폐랢믓죎뫎ퟷ폃ꆣ평듋뿉볻,릫쮾퓚짨볆쓚늿뿘훆쪱,쫇뮨쇋쿠떱듳뗄뺫솦,뛸퓚죧뫎놣횤쪵쪩훆뛈랽쏦,퓲좱랦펦폐뗄듫쪩ꆣ헢튻뗣,ERM뿲볜폐쏷좷횸쪾ꆣ캪쇋놣횤쯹짨볆뗄훆뛈쓜릻뗃떽횴탐,퓚ERM뿲볜훐뗄뗚웟폫뗚냋룶튪쯘훐,퓙튻듎잿뗷쇋춨맽뿘훆믮뚯뗄짨훃,붨솢뛀솢뗄볠뚽늿쏅살놣횤뿲볜쪵쪩뗄뿉탐탔ꆣ헢뛾튪쯘냼삨붨솢ꆢ쪵쪩쒳킩돌탲,놣횤폐킧뷸탐럧쿕랴펦ꆣ뿘훆믮뚯퓚헻룶ퟩ횯뗄룷룶닣벶뫍룷훖믮뚯훐뚼랢짺,냼삨뛔짪쟫뫍튻냣탅쾢벼쫵뗄뿘훆ꆢퟩ횯뿘훆ꆢ뺭펪뿘훆ꆢ죋쫂뿘훆ꆢ뚨웚볬닩ꆢ짨쪩뫍짨놸뗄뿘훆뗈늻춬랽램ꆣ뛸볠뚽퓲횸웳튵헻룶럧쿕맜샭맽돌뻹펦놻볠뚽,늢쟒퓚뇘튪쪱뛔쯹랢쿖뗄욫샫뷸탐뇘튪탞헽ꆣ믲헟춨맽헽퓚쪵탐뗄맜샭믮뚯틔벰럖뇰움볛럧쿕맜샭맽돌,쮫맜웫쿂살볠뚽웤쯻튪쯘뗄폐킧탔ꆣ헢킩쓚죝뻹쫇볠뚽튪쯘뗄뫋탄ꆣ쫂쪵짏,ퟷ캪튻룶쿖듺웳튵ퟩ횯,ퟮ캪볉믤뗄쫇,퓚뾪햹튵컱맽돌훐돶쿖낵쿤닙ퟷ탐캪,헢췹췹쫇랢짺컨뇗뗄잰ퟠꆣ틲듋,붫쯹폐튵컱믮뚯럖샫돶35
믡볆퇐뺿쫚좨ꆢ엺ힼꆢ횴탐ꆢ볇슼벰볠뚽,늢붫헢킩횰쓜럖뇰쫚폚늻춬늿럖횴탐,탎돉튻룶쿠뮥잣훆ꆢ쿠뮥훆풼뗄맽돌,쫇쓚늿뿘훆뗄뺫쯨ꆣ듓훐몽폍쫂볾살뾴,돂뻃쇘ퟷ캪튻룶맜샭죋풱,죧맻웤폐쫚좨릦쓜,내헕뿘훆믮뚯풭퓲,뻍늻펦폐횴탐뗄릦쓜ꆣ벴쪹웤폐횴탐릦쓜,내헕뿘훆믮뚯풭퓲,쯻뻍늻펦폐볬닩폫볠뚽릦쓜ꆣ떫쫇,퓚돂뻃쇘풽좨듓쫂쪯폍뷰죚퇜짺닺욷춶믺맽돌훐,쎻폐죎뫎ퟨ삹폫헏낭,뛸퓚쫂뫳뮹쓜튻쫖�쳬ꆢ틾싷헦쪵탅쾢,ퟣ볻룃릫쮾퓚횰쓜럖릤랽쏦,쳘뇰쫇뿘훆믮뚯폫볠뚽헢솽룶튪쯘듦퓚퇏훘컊쳢ꆣ평폚듦퓚헢킩좱쿝,쯹틔뻍뫜쓑놣횤틑폐짨볆뫃뗄쓚늿뿘훆쓜릻떽횴탐ꆣ춨뎣,퓚뇈뷏맦랶뗄몣췢릫쮾훐,캪쇋놣횤쓚늿뿘훆뗄쪵쪩,튻냣살쮵,돽쇋닆컱짏뇘탫볈쿲릫쮾ퟜ뺭샭믣놨,폖펦쿲뚭쫂믡믣놨췢,뮹폐튻룶늻쫜ퟜ뺭샭훆풼뗄쓚늿짳볆캯풱믡ꆣ춨맽헢킩믺릹뗄짨훃,틔놣횤뚭쫂믡늻뷶폐횪쟩좨,뮹폐룉풤좨ꆣ쪹뗃릫쮾뗄퓋ퟷ쫇틔막뚫샻틦ퟮ듳뮯캪ퟮ훕쒿뗄ꆣ쯹틔,듓훐몽폍쫂볾훐컒쏇뗃떽헢퇹튻룶뷌통,놣횤ERM뿲볜뗄쪵쪩,뇈짨볆튻룶쓚늿뿘훆룼캪훘튪ꆣ(죽)힢틢ERM뿲볜훐뗄탂튪쯘:쓚늿뮷뺳ꆢ쒿뇪짨뚨벰쫂볾짨뇰뛔뇈뒫춳뗄쓚늿뿘훆쓚죝,탂ERM폐쇋쯄룶튪쯘랽쏦뗄뇤뮯ꆣ헢쯄룶튪쯘뗄뇤뮯,뛔훘탂죏쪶훐몽폍쫂볾,뿉쓜폐튻뚨뗄뷨본틢틥ꆣ1.붫뿘훆뮷뺳룄뇤캪쓚늿뮷뺳뒫춳쓚늿뿘훆붫뗚튻튪쯘뚨틥캪뿘훆뮷뺳,뛸탂ERM뿲볜좴붫웤룄캪쓚늿뮷뺳,헢튻튪쯘뗄뇤뮯쳥쿖쇋웳튵럧쿕맜샭뗄랶캧룼듳쇋,펦룃맘힢뗄뮷뺳쫓튰뇈맽좥룼맣쇋ꆣ퓚룃탂튪쯘훐,잿뗷쇋쓚늿뮷뺳냼몬쇋튻룶ퟩ횯뗄웸럕,탎돉튻룶ퟩ횯뗄죋풱쪶뇰뫍뾴듽럧쿕뗄믹뒡ꆣ쓚늿뮷뺳훷튪냼삨:럧쿕맜샭헜톧뫍럧쿕욫뫃;풱릤돏쪵탔뫍뗀뗂맛틔벰웳튵뺭펪뮷뺳ꆣ쓚늿뮷뺳튪쯘좷솢쇋웳튵뗄럧쿕컄뮯,쯼볈튪죏뿉풤웚랢짺뗄쫂쿮,튲튪죏뿉캴풤웚랢짺뗄쫂쿮ꆣ헢폫뒫춳뿘훆뮷뺳튪쯘훐횻맘힢폫뿘훆폐맘뗄쫂쿮쿠뇈,폐쇋룼럡뢻뗄쓚몭ꆣ듓훐몽폍릫쮾뗄쓚늿뮷뺳살뾴,좷쪵듦퓚럇뎣퇏훘뗄컊쳢ꆣ돂뻃쇘냜ퟟ쪨돇,벼쫵닣쏦뗄풭틲럇뎣볲떥ꆣ떫쫇짮죫췚뻲,웳튵뗄쓚늿뮷뺳웰쇋뫜듳뗄ퟷ폃ꆣퟷ캪뒴튵탔뗄맜샭닣캪훷떼뗄웳튵,뺭뎣믡랢짺ꆰ킮웳튵맽좥폅탣튵벨,틔쇮막뚫ꆱ뗄맜샭럕캧ꆣ헢퇹뗄웳튵컄뮯ꆢ뛔듽럧쿕뿘훆뗄첬뛈,췹췹틔맜샭닣뫃뛱캪ퟚ횼ꆣ훐몽폍맜샭닣퓚웚믵붻틗훐,룹놾쎻폐틢쪶떽럧쿕,뛸쫇쿠탅ퟔ벺뗄에뛏:폍볛돥룟뫳뇘좻믡실ꆣ뛸퓚쫂쟩췪좫냜슶틔뫳,돂뻃쇘뮹죏캪:ꆰ횻튪퓙폐튻뇊잮,뻍쓜춦맽좥,뻍쓜랭짭ꆣꆱCEO죧듋뾴듽럧쿕,웤뛀뛏탐횮냔웸,웤웳튵쓚늿뮷뺳횮뛱쇓,뿉볻튻냟ꆣ뛸벯췅릫쮾평폚맽폚뾴훘돂뻃쇘맽좥캪벯췅릫쮾쯹ퟶ뗄릱쿗,틲듋,벴쪹횪뗀쇋돂뻃쇘틲뎡췢웚믵붻틗랢짺쇋퇏훘쯰쪧,늻뷶쎻폐맻뛏닉좡횹쯰듫쪩,복짙뿷쯰ꆣ랴뛸춨맽돶쫛늿럖막좨,뷸튻늽죚퓙듎뷸탐춶믺,쪹훐몽폍쯰쪧듯떽쇋쳬컄쫽ퟖꆣ쯹틔,벫뛋뗄럧쿕욫뫃ꆢ믻탎뗄럧쿕컄뮯뫍믻탎뗄맜샭뷡릹쳥쿖쇋훐몽폍벫캪뛱쇓뗄쓚늿뮷뺳ꆣ틲듋,퓚뾼싇평뒴튵탔맜샭닣붨솢웰살뗄릫쮾컄뮯쪱,컒쏇펦룃쏅훆뚨돶튻쳗럻뫏훐맺맺쟩뗄탂웳튵컄뮯,늻좻뗄뮰ꆣ샠쯆폚훐몽폍쫂볾뗄퓖쓑뮹믡랢짺ꆣ헢쫇탂뗄ERM룸컒쏇뗄웴쪾ꆣ2.쒿뇪짨뚨벰쫂볾쪶뇰튪쯘뗄뒴탂퓚뒫춳쓚늿뿘훆뚨틥훐늢쎻폐헢뛾룶튪쯘ꆣ떫쫇,COSO놨룦퓚뗷닩탭뛠듳릫쮾컨뇗낸훐랢쿖,탭뛠쓚늿뿘훆뗄쪧냜,췹췹쫇퓚튻뾪쪼좷솢릫쮾쒿뇪쪱뻍틑뺭훽뚨쇋ꆣ폫듋춬쪱,릫쮾퓚뺭펪맽돌훐,뛔쪲쎴쫂볾펦닉좡쪲쎴뛔닟늢늻쟥컺,쳘뇰쫇룟럧쿕쫂쿮,튲닉폃튻냣돌탲살뒦샭,헢튲쫇떼훂릫쮾쓚늿뿘훆쪧냜뗄훷튪돉틲횮튻ꆣ쯹틔,퓚탂뗄ERM뿲볜훐,쳘뇰짨훃쇋헢뛾룶탂튪쯘ꆣ뛔뇈훐몽폍쫂볾,컒쏇뻵뗃,좷쪵폐뛀쳘뗄틢틥ꆣ튻냣살쮵,릫쮾퓚죏쪶떽펰쿬웤튵벨뗄잱퓚쫂쿮횮잰,뇘탫폐튻뚨뗄쒿뇪ꆣERM쪹뗃맜샭죋풱쓜쫊떱뗄짨솢쒿뇪,늢쟒쪹톡퓱뗄쒿뇪쓜횧돖ꆢ솬뷓웳튵뗄쪹쏼,늢폫웤럧쿕욫뫃쿠튻훂ꆣ룃튪쯘쫊폃폚맜샭닣퓚좷솢쒿뇪쪱뾼싇럧쿕햽싔ꆣ쒿뇪짨솢탎돉쇋튻룶ퟩ횯럧쿕욫뫃ꆪꆪꆪ듓룟뒦햹췻맜샭닣뫍뚭36
믡볆퇐뺿쫂믡붫뷓쫜뛠듳뗄럧쿕ꆣ듓훐몽폍뗄랢햹쪷살뾴,듓1997쓪웰,퓚뺭샺쇋솽쓪뿷쯰뫍솽쓪택쏟웚뫳,믖뢴퓋펪횮뫳뗄훐몽폍쿈뫳뷸탐쇋솽듎햽싔탍:뗚튻듎탍쫇듓튻볒뒬컱뺭볍릫쮾훘탂뚨캻캪틔몽폍닉릺캪훷뗄쎳틗릫쮾,뗚뛾듎탍쫇듓튻룶뒿쎳틗탍웳튵랢햹떽틔쪯폍쪵튵춶ꆢ맺볊쪯폍쎳틗뫍뷸뿚몽폍닉릺캪튻쳥뗄릤쎳뷡뫏탍뗄쪵쳥웳튵,돉캪틔훐맺캪틀췐뗄쪯폍샠뿧맺웳튵ꆣ2001쓪,퓚쒸릫쮾횧돖쿂,훐몽폍틔훐맺몽폍슢뛏닉릺짏뗄룅쓮돉릦뗇슽탂볓웂놾쫐뎡ꆣ좻뛸,훐몽폍ퟜ닃돂뻃쇘늢늻싺ퟣ폚떥뒿뗄폍욷쿖믵쎳틗ꆣ퓚웤췆뚯쿂,훐몽폍듓짏쫐틁쪼뻍뾪쪼짦ퟣ쪯폍웚믵ꆣ퓚좡뗃돵늽돉릦횮뫳,훐몽폍릫쮾맜샭닣퓚쎻폐쿲뚭쫂믡놨룦늢좡뗃엺ힼ뗄쟩뿶쿂,컞쫓맺볒램싉램맦뗄뷻횹,짃ퟔ붫웳튵햽싔쒿뇪틆캻폚춶믺탔웚믵붻틗,헢훖쒿뇪짨솢뗄쯦틢탔,틔벰뛔쒿뇪럧쿕뗄쏪쫓,ퟮ훕붫웳튵쿝죫뺪쳎몧샋횮훐ꆣ쫂쪵짏,훐몽폍벯췅ퟮ돵퓚몣췢짨솢짏쫐릫쮾뗄돵훔쫇럇뎣쏷좷뗄,뻍쫇캪쇋좡뗃튻룶볛룱쿠뛔욽컈뗄맺볊폍볛ꆣ떫쫇,헢튻쒿뇪ퟮ뫳좴놻돂뻃쇘짃ퟔ룄뇤캪춨맽춶믺탔뎡췢붻틗살늩믷샻닮뗄훷튪쫖뛎ꆣ뿉볻,쒿뇪뗄쯦틢룼룄,떼훂쇋훐몽폍ퟮ훕쫜떽믙쏰탔뗄듲믷ꆣ틲듋,퓚럧쿕럀랶랽쏦,쒿뇪짨솢웰떽럇뎣듳뗄ퟷ폃ꆣ웤듎,튻룶ퟩ횯뇘탫쪶뇰펰쿬웤쒿뇪쪵쿖뗄쓚ꆢ췢늿쫂쿮,쟸럖쓄킩쫇럧쿕ꆢ쓄킩쫇믺믡ꆣ뿉쓜폐뢺쏦펰쿬뗄쫂쿮듺뇭쇋럧쿕ꆣ뿉쓜폐헽쏦펰쿬뗄쫂쿮듺뇭쇋쓜뗖쿻뢺쏦ퟷ폃뗄믺믡,춨맽쫂쿮쪶뇰,쓜틽떼맜샭닣햽싔믲헟쒿뇪쪼훕쓜놣돖늻놻욫샫ꆣ2002쓪훐몽폍뗄쓪놨쿔쪾웤떱쓪뗄춶믺붻틗펯샻,2003쓪쿂냫쓪,훐몽폍뷸죫쪯폍웚좨붻틗쫐뎡,떽쓪뗗튲쇋잮ꆣ쫂쪵짏,헢헽쫇쫂쿮쪶뇰훐뗄믺믡폫럧쿕컊쳢ꆣ떱컒쏇뾴떽룃쫂쿮캪릫쮾좡쇋듳솿샻죳뗄춬쪱,펦룃쟥탑뗘죏쪶떽,룃쫂쿮뿉쓜닺짺뗄뻞듳럧쿕ꆣ듓ퟮ뫳뷡맻살뾴,훐몽폍ퟮ훕뗄뻞뿷튲쫇틲캪웚믵붻틗ꆣ헢샯뻍짦벰떽웳튵펦떱죧뫎헽좷쟸럖믺믡뫍럧쿕컊쳢쇋ꆣ죧맻돂뻃쇘쓜죏쟥탎쫆,퓚좡뻞뛮샻죳쪱,쟥탑뗘틢쪶떽뿉쓜닺짺뗄럧쿕,믲탭훐몽폍뗄샺쪷믡룄킴ꆣ틲듋,샻폃쫂쿮쪶뇰벼쟉(샽죧쫂쿮쒿슼ꆢ쇷돌럖컶ꆢ훷튪쫂쿮횸헫뗈)살쟸럖믺믡뫍럧쿕,쿔뗃쪮럖훘튪ꆣ헢튲쫇탂놨룦훐럻뫏쪱듺튪쟳뗄튻룶훘튪튪쯘ꆣ쯄ꆢꆶ웳튵럧쿕맜샭ꆪꆪꆪퟜ쳥뿲볜ꆷ뛔컒맺웳튵뗄뷨본틢틥ꆶ웳튵럧쿕맜샭ꆪꆪꆪퟜ쳥뿲볜ꆷ뛔컒맺웤쯻웳튵튲폐뫜뛠뿉릩뷨본뗄뗘랽ꆣ죧뷼살랢짺뗄틁샻막럝ꆢ뒴캬쫽싫ꆢ쯄뒨뎤뫧뗈쪧냜낸샽믲훘듳쫂볾,믲뛠믲짙뚼폫웳튵럧쿕맜샭좱쪧폐맘:2004쓪12퓂17죕,쓚쏉맅ퟔ훎쟸볬달풺뛔쓚쏉맅틁샻쪵튵막럝릫쮾뚭쫂뎤횣뾡뮳뗈5쏻룟맜죋풱뗄뺭볃컊쳢헽쪽뷸탐솢낸뗷닩,웤훷튪풭틲쫇횣뾡뮳뗈죋퓚2000쓪뫍2001쓪볤캴뺭뚭쫂믡춬틢,쿈뫳얲폃1590췲풪뫍1400췲풪,럖뇰룸쇋뫴뫍뫆쳘뮪쫀짌쎳폐쿞릫쮾뫍웴풪폐쿞퓰죎릫쮾폃폚뺭펪ꆣ쫂뫳뗃횪:뮪쫀짌쎳릫쮾쫇틁샻릫쮾뗄뗚컥듳막뚫,쯼쫇평횣뾡뮳ꆢ퇮맰쟙뗈죋틔쟗쫴쏻틥힢닡뗄쮽죋웳튵;뛸웴풪릫쮾웳튵램죋뻍쫇뚭쫂뎤횣뾡뮳ꆣ컞뛀폐얼,2004쓪11퓂30죕,뒴캬쫽싫뚭쫂뻖훷쾯믆뫪짺,컞쫓릫쮾췢늿막뚫샻틦,죆뾪쿖폐뗄뚭쫂믡,쮽ퟔ붫짏쫐릫쮾뿮쿮듲죫ퟔ벺뒴냬뗄웳튵,틲듋짦쿓뗁좡릫쮾뷰4800뛠췲풪,놻쿣룛솮헾릫쫰뻐늶ꆣ뛸샏없짏쫐릫쮾쯄뒨뎤뫧퓲헛맺볊쫐뎡ꆪꆪꆪ틲웤뫏ퟷ믯냩쏀맺APEX볒뗧뷸뿚릫쮾췏잷416틚쏀풪뻞뿮뛸퓢쫜뻞듳뮵헋쯰쪧,튲쪹뗃폟싛움볛쯄뒨뎤뫧럧맢늻퓙ꆣ퓚룃낸샽훐,쯤좻APEX릫쮾쫇뎤뫧퓚쏀맺ퟮ듳뗄뫏ퟷ믯냩,떫쫇퓚좷뚨탅폃헾닟쪱,뎤뫧뾼싇뮵헋럧쿕뗄닟싔쫇쇮죋쓑틔샭뷢뗄ꆣ틲캪,뎤뫧쫇퓚APEX릫쮾췏잷맺쓚뛠볒릫쮾뗄뻞뛮잷뿮쟩뿶쿂,뮹폫웤잩뚩쇋뻞뛮짞쿺뫏춬,죧맻뎤뫧폐뫏샭뗄쓚늿뿘훆훆뛈,헢킩쟩뿶믲탭늻믡랢짺ꆣ짏쫶낸샽뗄랢짺,믲쫇뚭쫂믡릦쓜좱쪧ꆢ믲쫇폐쓚늿뿘훆훆뛈떫퓚쪵볊튵컱훐쎻폐뗃떽펦폐횴탐ꆢ믲쫇룹놾뻍쎻폐훆뛈ꆣ틲듋,죏헦톧쾰ERM뿲볜훐뗄쯹폐쓚죝,늢붫웤폫웳튵뺭볃튵컱뷴쏜뷡뫏웰살,컒쏇죏캪뛔컒맺웳튵쓚늿뿘훆훆뛈뗄훘탂뗷헻,폐튻뚨뷨본틢틥,튲캪컒쏇퓚떱잰뮷뺳쿂37
믡볆퇐뺿죧뫎붨솢웰튻쳗쫊뫏훐맺맺쟩뗄쓚늿뿘훆듫쪩,쳡릩쇋튻룶탂뗄샭싛믹뒡ꆣ샽죧,탂뿲볜튪쟳,틔뫳퓙랢짺샠쯆룟벶맜샭죋풱컨뇗컊쳢쪱,늻쫇컊ퟜ뺭샭퓚쓄뛹?뛸쫇튪컊뚭쫂믡퓚쓄뛹?틲듋,랢믓뚭쫂믡퓚쓚늿뿘훆랽쏦뗄ퟷ폃쫇탂뿲볜훐뗄튻룶훘튪쓚죝ꆣ쇭췢,웳튵럧쿕맜샭튪쟳룟벶맜샭죋풱붫웳튵럧쿕ꆢ뛸늻쫇쯹폐쾸뷚ퟷ캪뿘훆뗄훷튪뛔쿳,쫇탂뿲볜훐폖튻훷튪뇤뮯ꆣ틲듋,컒쏇펦떱맘힢COSO놨룦훐폐맘ERM뗄탂랢햹,헢뛔컒쏇붨솢튻룶뿆톧뗄웳튵쿖듺훆뛈쫇듳폐틦뗄ꆣ훷튪닎뾼컄쿗뒢쾡솺.쓚늿뿘훆헻쳥뿲볜:놳뺰ꆢ쓚죝ꆢ샭싛릱쿗폫웴쪾,뷰죚믡볆,6.쇵쏷믔.2004.볓쓃듳맦랶웳튵쓚늿뿘훆뗄쪵볹폫쳘뗣.훐맺짳볆,6탭뾡.2004.첽쏜훐몽폍쫂볾:볠뚽좱캻쿂뗄뻞뛮맺폐닺쇷쪧.틽ퟔ
EnglishAbstractsofMainPapersSomeThinkingaboutAccelerratingtheConstructionofInternalAccountingControlGaoYibin&WangHongꆡꆡThearticleanalyzestheimportantsignificanceofacceleratingtheconstructionaboutinternalaccountingcontrol,atthesametime,&WuYiluenꆡꆡThisarticleintroducesthecontrolself2assessment,anadvancedmanagementtool,focusingonitsfeatures,theoryandframe2work,approach,,internalcontrolshavereceivedincreasingattentionfromboththeacademicandthebusinessareas;,theauthorprovidesthebusinessbackgroundofShanghaiBaosteelInternationalCoLtd(ꆰBaosteelIntpilꆱ).BasedonthedeepunderstandingoftheBaosteelIntpil,theauthordesignedacontrolself2assessmentimplementationplan,includingthephasesofpreparation,analyzing,fieldwork,assessment,reporting,,thegroundrulesforthepilotrun,andthemaincontentsofthequestionnaire,workingpaper,ꆡꆡ,,whichincludesthefollowingpoints:segregationofincompatibleduties,scientificauthorityatdifferentlevels,establishmentofmonitoringmechanism,:ExperienceintheUnitedStatesandProposalforChinapisSecurityMarketZhouQinye&WangXiaoꆡꆡBasedonreviewingofSarbanes2OxleyActandsubsequentSECrulesoverinternalcontrolanddisclosure,,thisarticlestudiesChinapiscorporategov2ernanceenvironmentandlegalbackground,(Singapore)onEnterpriseRiskManagementYufangJin&RuoshanLi&MingleiXuꆡꆡThispaperdeemsthattheincidentofChinaAviationOil(Singapore)isnottheresultofindividualbehaviorofJiulingCheng,,,:APartofAgencyProblemXieDerenꆡꆡ,bothindependentdirectorsandinsidedirectorsaretheexecutives94
