In the course of managing businesses, executives constantly face challenging circumstances. For instance, the market reality does not necessarily reflect the intent of a company's management. Disruptive business events may occur that are quite contrary to what the senior management expected....

Purpose – The purpose of this paper is to examine complex risk management practices of Japanese firms in a turbulent environment. Design/methodology/approach – The focus of this research is to examine risk management practices based on product accidents in Japanese firms. It examines how...