CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENT

Proactive contracting and risk management have become an important part of the new vocabulary of commercial contract law books and courses for contracting professionals, for example in Finland, during the past few years. More and more often one even stumbles over the term “ contractual risk managem...

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Main Author: Petri Keskitalo
Format: Article
Language:English
Published: Aalborg Universitetsforlag 2006-01-01
Series:Nordic Journal of Commercial Law
Online Access:https://130.225.53.24/index.php/NJCL/article/view/3040
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spelling doaj-0edaad4713744fb48934cd34070485b62021-01-26T14:17:06ZengAalborg UniversitetsforlagNordic Journal of Commercial Law1459-96862006-01-012CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENTPetri Keskitalo Proactive contracting and risk management have become an important part of the new vocabulary of commercial contract law books and courses for contracting professionals, for example in Finland, during the past few years. More and more often one even stumbles over the term “ contractual risk management” in such material but very seldom does one find a definition of that term. I claim that the lack of definition(s) of this term in most of the current literature dealing with this subject is due to varying conceptualizations of the underlying interplay between contracts, risks and management. Therefore, the goal of this paper is to discuss the different conceptualizations of that interplay. I will also present my prediction over the future development within the field of contractual risk management and my model for the governance of such future. https://130.225.53.24/index.php/NJCL/article/view/3040
collection DOAJ
language English
format Article
sources DOAJ
author Petri Keskitalo
spellingShingle Petri Keskitalo
CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENT
Nordic Journal of Commercial Law
author_facet Petri Keskitalo
author_sort Petri Keskitalo
title CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENT
title_short CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENT
title_full CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENT
title_fullStr CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENT
title_full_unstemmed CONTRACTS + RISKS +MANAGEMENT = CONTRACTUAL RISKMANAGEMENT
title_sort contracts + risks +management = contractual riskmanagement
publisher Aalborg Universitetsforlag
series Nordic Journal of Commercial Law
issn 1459-9686
publishDate 2006-01-01
description Proactive contracting and risk management have become an important part of the new vocabulary of commercial contract law books and courses for contracting professionals, for example in Finland, during the past few years. More and more often one even stumbles over the term “ contractual risk management” in such material but very seldom does one find a definition of that term. I claim that the lack of definition(s) of this term in most of the current literature dealing with this subject is due to varying conceptualizations of the underlying interplay between contracts, risks and management. Therefore, the goal of this paper is to discuss the different conceptualizations of that interplay. I will also present my prediction over the future development within the field of contractual risk management and my model for the governance of such future.
url https://130.225.53.24/index.php/NJCL/article/view/3040
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