Нравится LibRing?
Расскажи друзьям:
David P. Belmont

Value Added Risk Management in Financial Institutions: Leveraging Basel II & Risk Adjusted Performance Measurement

Книгу можно купить в интернет-магазинах:

· OZON.ru 5893р. [Проверить наличие]
ISBN: 0470821159
Издательство: Wiley
Год издания: 2004
Страниц: 300
The typical financial executives view of the value of risk management in their financial institution is based on the belief that risk management focuses on loss avoidance. This view is based on the history of risk management being control focused. However, risk management has evolved rapidly to address the more strategic issue of optimization of return on risk. This evolution has been accompanied by statistical, mathematical and financial techniques which when actively applied can direct an institution towards risk taking those activities, which produce disproportionately high returns on risk. The book aims to describe these techniques, illustrate their application, and discuss their strategic value in the management of financial institutions.