The Risk Management Function in the Financial Sector - How Independent are Chief Risk Officers in Swedish Banks?
The purpose of this thesis is to measure the level of independence of the CRO function in the four major Swedish banks. A lacking independence of the CRO can impose negative outcomes on the organization, and an example of this is Swedish HQ Bank that fell victim to bankruptcy in 2010. One of the problems causing the bankruptcy was the lacking independence of the CRO. By undertaking a deductive re
