Template-Type: ReDIF-Paper 1.0 Author-Name: Liu, L. Author-Name-Last: Liu Author-Name-First: Lingzhe Author-Name: Daniels, H.A.M. Author-Name-Last: Daniels Author-Name-First: Hennie Title: Towards a Value-based Method for Risk Assessment in Supply Chain Operations Abstract: This paper proposes a risk assessment framework as a research road-map, with the aim of developing a protocol that integrates the risk management requirements from the perspectives of the business and the government. We take the viewpoint of value modeling and interpret the risk management problem as a control problem. Four steps of risk assessment are identified in the framework, forming the risk management cycle. Creation-Date: 2011-05-30 File-URL: https://repub.eur.nl/pub/23492/ERS-2011-014-LIS.pdf File-Format: application/pdf Series: RePEc:ems:eureri Number: ERS-2011-014-LIS Classification-JEL: L15, M, O32 Keywords: auditing, controlling system, risk assessment, value modeling Handle: RePEc:ems:eureri:23492