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Journal of Business Ethics

, Volume 112, Issue 4, pp 567–583 | Cite as

Combining Risk and Responsibility Perspectives: First Steps

  • Johannes BrinkmannEmail author
Article

Abstract

Business activity can be analyzed through a ‘risk awareness’ perspective and a ‘responsibility awareness’ perspective. However, risk and responsibility are actually interdependent. Risk-taking triggers responsibility issues and taking responsibility means risking being asked critical questions. This article suggests some first steps for combining these two perspectives conceptually. After several introductory illustrations showing how risk and responsibility issues are intertwined, the article looks separately each at risk and at responsibility. Then the argument that such perspectives could be usefully combined is elaborated further from a theoretical angle and from a practical angle, by looking at various ethical issues and by presenting paradigmatic examples of balancing or sharing risk and responsibility related to leadership, to ERM and to insurance.

Keywords

Risk Risk perception Risk management Responsibility Responsibility ethics Leadership 

Notes

Acknowledgments

Thanks to Aaron Doyle, Carleton University, Ottawa, for useful comments and native writer language editing.

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Copyright information

© Springer Science+Business Media Dordrecht 2012

Authors and Affiliations

  1. 1.ROFF centre for Risk and Insurance Research, BI Norwegian Business SchoolOsloNorway

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