Concerns about Risks Confronting Boards.

• Position: Risks

In the past year, reputational risk overtook regulatory compliance risk as the primary concern among boards of directors, according to the survey "Concerns About Risks Confronting Boards."

The study explores the issues facing American boards today and found:

* 66 percent of directors stated that reputational risk is most important to them (other than financial risk and ahead of all others. Regulatory compliance risk was not far behind with 59 percent citing it as most important.

* Whether it's recession or recovery, the concepts of growth are never out of mind in the boardroom. What stands out in this survey is the 20 percent leap from last year in directors citing internal growth...