Questions of risk management are an essential part of good corporate governance. They arise from both the perspective of monitoring companies and from the perspective of internal corporate control. The Balanced Scorecard (BSC) is also a frequently discussed topic within corporate management. Originally designed as an approach for improved strategy implementation and linking strategies with day-to-day operations, it also provides, as empirical studies show, valuable contributions within the framework of operational risk management. Therefore, it is logical to analyze what contributions the Balanced Scorecard, in its original form or in the form of risk-oriented developments, can actually make. Dana Peters addresses this complex issue in this book. She outlines internal and external requirements for risk management.