Assistant Professor of Business Administration
Anette Mikes is an assistant professor in the Accounting & Management Unit. She teaches Financial Reporting and Control and in 2010 launched (with Professor Robert Kaplan) the new executive education program Risk Management for Corporate Leaders. She received a Ph.D. from the London School of Economics (LSE), where her dissertation, “Enterprise Risk Management in Action,” was the first field-based research study on risk management in financial institutions. Her subsequent publication "Risk Management and Calculative Cultures" won the 2009 David Solomons Prize.
She also holds an M.Sc. in economics and finance from the Budapest University of Economics and an M.Sc. in accounting and finance, with distinction, from LSE. During her doctoral studies, Professor Mikes was a tutorial fellow at LSE and an executive education associate at London Business School.
A former advisor to the Group Risk function at Standard Chartered Bank, between 2007-2010, Professor Mikes instigated and directed the CRO Futures Research Initiative in the United Kingdom. With the cooperation of a number of senior risk officers contributing to the British Bankers’ Association’s Risk Advisory Panel, this research program investigated evolving directions in risk management and the emerging roles of senior risk officers. Professor Mikes also studies risk management practices in high-risk nonfinancial organizations, such as the Canadian energy company Hydro One and the Mars Program at NASA’s Jet Propulsion Laboratory. Beyond research and teaching, she enjoys literature, the performing arts, swimming, and sailing.
The recent proliferation of risk management, as a management control system, and the continuing failures in risk oversight suggest that risk practices warrant further research and understanding.
My mission, ambition, and indeed passion is to document, understand, and explain risk-management practices worthy of research attention and to influence the theory and practice of risk management.
I believe that risk management as a management control discipline has the potential to help managers run their businesses better, avoid idiosyncratic pitfalls, and help solve important and vexing societal problems that no organization can tackle alone. On the other hand, risk management has its own risks and, as a field, needs self-reflection and a critical understanding of the conditions of its own successes and failures.
In sum, my work follows two main streams:
1. Describing and explaining the apparent variation in risk-management practices in business organizations.
2. Understanding the conditions of risk management's proliferation, its apparent successes and failures.