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Peter Young

Professor, 3M Chair in International Business

  • Education

  • B.A., History, Augustana College
    M.A., Public Administration, University of Nebraska
    Ph.D., Business Administration, University of Minnesota

  • Research Interests

  • Public finance, risk management and insurance.

Peter Young, PhD, has been working at the University of St. Thomas since 1994. Young’s work has centered on teaching risk management, research and collaborative projects across the university. Young’s risk leadership initiative has allowed him to reposition coverage of risk management as not just a subject within finance, but as a strategic management subject closely aligned with compliance, CSR, governance, and overall organizational leadership.

Young holds the 3M endowed chair in international business and leads the Global Business Engagement Initiative, which allows him to provide college-wide leadership in international programming, curriculum development and international partnerships. Young’s work has always had an international orientation, but this new role has supported the expansion of his view of his own work.

Young is the co-creator of the University of St. Thomas actuarial science program, which in 2011 received recognition from the Center for Actuarial Excellence and is ranked as one of the best actuarial programs in the U.S. He currently serves on the advisory board for the program and manages the global insurance course in London.

  • Young, P. C., & Fone, M. (2018). Return of Mutuals in the Public Sector. The New Law Journal (v 7805), pp. 1-3
  • Young, P. C., & Wendt, J. T. (2017). Governance in sports governing bodies: A risk management perspective. International Sports Law Review Pandktis, (12)(1/2), pp. 194-207
  • Wendt, J. T., & Young, P. C. (2014). Protecting spectator rights: Reflections on the general law of the cup. International Sports Law Journal,
  • Jondle, D. J., Maines, T., Rovang Burke, M., & Young, P. C. (2013). Modern risk management through the lens of the ethical organizational culture. Risk Management: An International Journal, (15)(1), pp. 32-49
  • Jondle, D. J., Maines, T., Rovang-Burke, M., & Young, P. C. (2013). Modern risk management: Managing risk through the ethical business culture model. Risk Management, pp. 33-38
  • Wendt, J. T., & Young, P. C. (2011). Reputational risk and social media. Mississippi Sports Law Review, (1)(1), pp. 97-126
  • Miller, J., Wendt, J. T., & Young, P. C. (2010). Fourth amendment considerations and application of risk management principles for pat- down searches at professional football games. Journal of Legal Aspects of Sport, (20)(2),
  • Young, P. C. (2010). "Risk pooling in the public sector: Is there a future in Europe?" (Risk Management & Governance).
  • Young, P. C., & Tippins, S. (2006). Introducing Risk Management to Small Business. (2006)(3),
  • Young, P. C. (2005). Ethics and risk management: Building a framework. Risk Management: An International Journal, (6)(3),
  • Young, P. C., & Hood, J. (2005). Risk financing in UK local authorities: Is there a case for risk pooling?. (18)(6), pp. 563-578
  • Young, P. C., & Fone, M. (2004). Risk management in a public sector context.
  • Young, P. C. (2003). The risk management implications of outsourcing claims management services in local government. Risk Management: An International Journal, (5)(3),
  • Young, P. C. (2003). Risk and the outsourcing of risk management services: The case of claims management. Public Budgeting and Finance, (23)(3),
  • Young, P. C., & Fone, M. (2002). Pooling and the government agenda.

Books and Chapters

  • Young, P.C. (2022) Public Sector Leadership in Assessing and Addressing Risk, Vol: 4. Emerald Studies in Finance, Insurance, and Risk Management. Editors P.C. Young, Simon Grima, Rebecca Dalli Gonzi. Bingley, UK: Emerald Publishing Ltd.
  • Andersen, Torben J., Peter C. Young (2021) Strategic Risk Leadership: Context and Cases. Abingdon: Routledge
  • Andersen, Torben J., Peter C. Young (2020). Strategic Risk Leadership: Engaging a World of Risk, Uncertainty, and the Unknown. Abingdon: Routledge
  • Young, P. C. (2015). Risk management and leadership. New York New York: US. Nexis-Lexis Publishing
  • Young, P. C., Maines, T., Jondle, D. J., & Rovang-Burke, M. (2015). Routledge Companion on Strategic Risk Management'. In Torben Andersen (Ed.), Connecting risk management with organizational values. Taylor & Francis
  • Young, P. C. (2014). Encyclopedia of Public Administration and Public Policy. Risk Pools.
  • Young, P. C. (2010). Risk Management & Governance. Risk pooling in the public sector: Is there a future in Europe (pp. 5-8).
  • Young, P. C. (2010). Finance Ethics: Critical Issues in Financial Theory and Practice. In J. Boatright's (Ed.), Risk management (pp. 495-508). Hoboken, NJ: Kolb Series in Finance; J. Wiley
  • Young, P. C. (2009). A Companion to Finance Ethics. In J. Boatright (Ed.), Risk management. New York: Blackwell Publishers
  • Young, P. C. (2008). Public Risk. The future of risk management. Washington, DC: PRIMA Publications
  • Young, P. C. (2008). Managing risk in local government - 4th ed. Sheshunoff
  • Young, P. C., & Fone, M. (2007). Managing risks in UK public organizations - 2nd ed. Leicester, UK Leicester, UK: Palgrave
  • Young, P. C. (2005). Innovation in Japan, Europe and North America. In R. Taplin (Ed.), Risk financing innovations: motives, principles and practices (pp. 127-149). Routledge, Oxford, UK: The Centre for Japanese and East Asian Studies
  • Young, P. C. (2005). Risk Management and Innovation in Japan, Britain and the United States. In R. Taplin (Ed.), Recent risk financing innovations: motives, principles and practices (pp. 127-149). Routledge, Oxford, UK: Centre for Japanese and East Asian Studies.
  • Young, P. C. (2003). The Encyclopedia of Public Administration and Public Policy. Risk pooling. New York: Marcel Dekker Publishing
  • Young, P. C., & Reiss, C. (2003). Management policies in local government finance 5th edition. Local government risk management (pp. 479-498). Washington, DC: ICMA Publishing
  • Young, P. C., & Jensen, K. (2002). Managing risk in Danish local authorities. Copenhagen Copenhagen: FIRM
  • Young, P. C., & Louisot, J. P. (2002). Local government risk management practices in France. Marsh Publishing, Paris
  • Young, P. C., & Tippins, S. (2002). Managing business risk. New York New York: Amacom Books
  • Young, P. C., & Tomski, M. (2002). Medicolegal. In Michael Lacerte (Ed.), An introduction to risk management. Philadelphia: W.B. Sanders Company
  • Young, P. C. (2000). Managing risk in local government. Austin Austin: Sheshunoff
  • Young, P. C., Williams, Jr, C. A., & Smith, M. L. (1997). Risk management and insurance. New York New York: Irwin McGraw-Hill - 8th edition
  • Distinguished Fellow, Institute of Risk Management - London, UK, 2010
  • Lifetime Achievement Award, ALARM-UK, 2009
  • University of Nebraska-Omaha College of Public Affairs and Community Service, 2007
  • Presentations
  • "What is risk leadership: Investigating the skills, knowledge, and attributes of risk leaders." British Academy of Management, Glasgow, Scotland, May 01, 2015
  • "Reputational risk and social media" University of Mississippi School of Law Sports Law Symposium, Oxford, Mississippi, April 01, 2012
  • "Modern risk management and the lens of an ethical culture" ECOA Conference: Building and Benefiting from an Ethical Organizational Culture, Minneapolis, MN, November 01, 2011
  • "Captive usage in the public sector: Early evidence" Captive Association Conference, Tucson, Arizona, March 01, 2007
  • "Central audit and risk management in Danish local authorities" Danish Central Government Audit Office Seminar, Denmark, March 01, 2007
  • "Recent developments in risk management" Risk and Insurance Management Society, Minneapolis, Minnesota, November 01, 2006
  • "Professional education for modern risk management" Institute of Risk Management Forum, Keele University, Keele, United Kingdom, September 01, 2006
  • "Mapping the new world of public risk management" Pan-European Conference for Public Sector Risk Management (PRIMO), Copenhagen, Denmark, November 01, 2005
  • "Public sector financing in the UK: The special case of partnering" Public Risk Management Association, Milwaukee, Wisconsin, June 01, 2005
  • "Enterprise risk management implementation" IBCEuroforum: Enterprise Risk Management Conference, Stockholm, Sweden, April 01, 2005
  • "Risk Management in Irish public organizations" Irish Public Bodies Conference, Boston, Massachusetts, April 01, 2005
  • "Pooling in Scotland: Recent developments" Centre for Risk and Governance, Glasgow Caledonian University, Glasgow, United Kingdom, April 01, 2005
  • "Risk Pooling Innovation January 2004." Association of Local Government Risk Management, London, United Kingdom, January 01, 2004
  • "Managing Risks in a Period of High Transition, November 2004." European Institute for Risk Management, Copenhagen and Kolding, Denmark, January 01, 2004
  • "The New Regulatory Climate of Enterprise Risk Management November 2004." European Institute for Risk Management, Stockholm, Sweden, January 01, 2004
  • "Ethics and Risk March 2004." Centre for Risk and Governance, Glasgow, United Kingdom, January 01, 2004
  • "Recent Developments in Enterprise Risk Management,, April 2004." European Risk Management Academy, Copenhagen and Oslo, Denmark, January 01, 2004
  • "Enterprise Risk Management in Health Care Organizations" Association of Health Care Risk Management National Conference, Nashville, Tennessee, November 01, 2003
  • "Evidence of Adoption: Enterprise Risk Management April 2003" Centre for Risk and Governance, Glasgow, United Kingdom, January 01, 2003
  • "Core Competencies in Risk Management, May 2003" Public Risk Management Association, Reno, Nevada, January 01, 2003
  • "Public Risk Management in Europe Today, September 2002" European Risk Management Academy, Copenhagen, Denmark, January 01, 2002
  • "Public Risk Management: An Overview" Center for Risikostyring, Conference on Public Sector Risk Management, Copenhagen, Denmark, January 01, 2002
  • "Recent Developments in Enterprise Risk Management,(Keynote speaker, September 2002)" Japanese Management Association annual conference, Tokyo, Japan, January 01, 2002
  • "Professional Development for Risk Managers, (keynote speaker November 2002)" Minnesota Risk and Insurance Management Association, Minneapolis, Minnesota, January 01, 2002
  • ALARM (UK professional/academic risk management association)
  • ARIA (Global academic risk management association)
  • Institute of Risk Management (London-based global professional association)
  • PRIMA (US professional risk management association)
  • PRIMO-EU (European Association of public sector chief executives)
  • Public Budgeting and Finance, Reviewer
  • Public Risk Forum - EIRM Press,
  • Risk Management - An International Journal
  • All Angels Endowment Board, South Dakota, Chairperson
  • Vucovich Foundation, Board Member
  • Visiting Professor and Senior Advisor, European Institute for Risk Management, Copenhagen (2002 - present)
  • Professor, University of St. Thomas, St. Paul / Mpls (1994 - present)
  • Distinguished Visiting Professor/Division of Risk, Glasgow Caledonian University, Glasgow (2001 - 2005)
  • Visiting Professor, Aoyama Gakuin University, Tokyo (1998 - 1998)
  • Visiting Professor/College of Business Studies and the Insurance and, City University - Cass School of Business, London (1997 - 1997)
  • Professor/Department of Management and Finance, St. Cloud State University, St. Cloud (1987 - 1994)
  • Teaching/Research Associate - Department of Finance and Insurance, University of Minnesota, Minneapolis (1985 - 1987)
  • Research Assistant - Center for Applied Urban Research, University of Nebraska, Omaha (1981 - 1983)
  • Teaching Assistant - Department of Public Administration, University of Nebraska, Omaha (1982 - 1983)