Money & Risk Management, part 1
Alexei Sidorenko, Elena Demidenko. Secret Recipe for Risk Managers: Becoming a Valuable Risk ManagerPublisher:
Secret Recipe for Risk Managers is a very practical how-to-guide about risk management. The guide was designed and written by risk management practitioners with years of experience working across Europe and Asia-Pacific. The steps and recommendations provided in the guide are very specific and actionable and are designed to help risk managers raise the risk awareness and buy-in across their organizations. The recommendations provided in the guide are grouped into three core areas: driving risk culture, integrating risk management into business and becoming a trusted risk advisor.
Susan M Carlson MBA. Introduction to Money ManagementPublisher:
We all live in a world in which money is an important part of our everyday lives. This clearly written, practical guide to money management is appropriate for people of all ages. It includes practical examples and exercises about basic budgeting, loans, credit, and managing your financial resources well.
Louis Anthony Cox Jr. Improving Risk Analysis (International Series in Operations Research & Management Science)Publisher:
Improving Risk Analysis shows how to better assess and manage uncertain risks when the consequences of alternative actions are in doubt.A The constructive methods of causal analysis and risk modeling presented in this monograph will enable to better understand uncertain risks and decide how to manage them. The book is divided into three parts. Parts 1 shows how high-quality risk analysis can improve the clarity and effectiveness of individual, community, and enterprise decisions when the consequences of different choices are uncertain. Part 2 discusses social decisions.A Part 3 illustrates these methods and models, showing how to apply them to health effects of particulate air pollution. "Tony Coxa??s new book addresses what risk analysts and policy makers most need to know:A How to find out what causes what, and how to quantify the practical differences that changes in risk management practices would make.A The constructive methods in Improving Risk Analysis will be invaluable in...
David Hammer. No Money - No Mission: Best Practices of Healthcare Revenue Cycle ManagementPublisher:
Each year, healthcare providers deliver more than $2 trillion in goods and services. Because of the unique healthcare payment system in the United States, few of these dollars change hands directly between providers and patients Instead, there is a complex reimbursement system, mostly dirven by third-party payment transaction between government programs and insurance companies on the one hand, and healthcare providers on the other. This system is made even more complex by the increasing necessity to collect a growing percentage of fees diretly from patients. This unique work tells the complete story of healthcare revenue cycle management. Designed to improve the efficiency of managers, the book is organized by functional area to reflect the organization of most revenue cycles. In addition to first party interviews that define best practices and provide solutions to predictable but complex challenges, the author includes a wealth of relevant literature citations. He further augments...
Mark Johnson. Demystifying Communications Risk: A Guide to Revenue Risk Management in the Communications SectorPublisher:
The rapid pace and increasing convergence of internet, phone and other communications technologies has created extraordinary opportunities for business but the complexity of these new service mixes creates parallel opportunities for fraud and revenue leakage. Companies seeking to use communications technology as a delivery or payment platform for digital services are particularly at risk. They need to understand both their strategic and operational risks as well as those affecting their stakeholders - partners and customers. Effective risk management is as much about awareness, culture, training and organization as it is about technology. Mark Johnson's practical guide, "Demystifying Communications Risk", highlights cases from a wide range of geographies and cultures and is designed to raise awareness of the multi-faceted and often complex forms that operational revenue risks take in the communications sector. It provides managers with an understanding of the nature and implications...
Sylvain Bouteille, Diane Coogan-Pushner. The Handbook of Credit Risk Management: Originating, Assessing, and Managing Credit Exposures (Wiley Finance)Publisher:
A comprehensive guide to credit risk management The Handbook of Credit Risk Management presents a comprehensive overview of the practice of credit risk management for a large institution. It is a guide for professionals and students wanting a deeper understanding of how to manage credit exposures. The Handbook provides a detailed roadmap for managing beyond the financial analysis of individual transactions and counterparties. Written in a straightforward and accessible style, the authors outline how to manage a portfolio of credit exposures--from origination and assessment of credit fundamentals to hedging and pricing. The Handbook is relevant for corporations, pension funds, endowments, asset managers, banks and insurance companies alike.Covers the four essential aspects of credit risk management: Origination, Credit Risk Assessment, Portfolio Management and Risk Transfer.Provides ample references to and examples of credit market services as a resource for those readers having credit...
Russell Walker. Winning with Risk Management (Financial Engineering and Risk Management)Publisher:
This book develops the notion that companies can succeed on the basis of risk management, much as companies compete on efficiency, costs, labor, location, and other dimensions. The reality of risk and how it impacts companies is that it is much more definite, often catastrophic and looks more like a shock. This is striking, as a difference between firms on risk different than a marginal difference in operating efficiencies, for example. Competing on Risk Management requires a discipline, a commitment to using information and recognizing shocks and then acting upon those to redistribute assets. This book will examine how leading firms that compete on risk have done this and showcase best practices and impacts to the capital structure of firms and their organizational formation.
Financial Analysis and Risk Management: Data Governance, Analytics and Life Cycle ManagementPublisher:
The Global Financial Crisis and the Eurozone crisis that has followed have drawn attention to weaknesses in financial records, information and data. These weaknesses have led to operational risks in financial institutions, flawed bankruptcy and foreclosure proceedings following the Crisis, and inadequacies in financial supervisorsa?? access to records and information for the purposes of a prudential response. Research is needed to identify the practices that will provide the records, information and data needed to support more effective financial analysis and risk management.A The unique contribution of this volume is in bringing together researchers in distinct domains that seldom interact to identify theoretical, technological, policy and practical issues related to the management of financial records, information and data.A The book will, therefore, appeal to researchers or advanced practitioners in the field of finance and those with an interest in risk management, computer...
Decision Support Systems for Risk-Based Management of Contaminated SitesPublisher:
Decision Support Systems for Risk-Based Management of Contaminated Sites addresses decision making in environmental risk management for contaminated sites, focusing on the potential role of decision support systems in informing the management of chemical pollutants and their effects. Considering the environmental relevance and the financial impacts of contaminated sites all over the post-industrialized countries and the complexity of decision making in environmental risk management, decision support systems can be used by decision makers in order to have a more structured analysis of a problem at hand and define possible options of intervention to solve the problem. Accordingly, the book provides an analysis of the main steps and tools for the development of decision support systems, namely: environmental risk assessment, decision analysis, spatial analysis and geographic information system, indicators and endpoints. Sections are dedicated to the review of decision support...
Loice Koskei. A Survey of Credit Risk Management Techniques:: The Case of Micro- Finance Institutions in KenyaPublisher:
Commitment to prudent lending is an important and current issue of discussion in the global banking system today. Banking prudence and efficiency to manage their risks in different business cycle and environment would help to alleviate crises and losses. The objectives of the study were to examine the credit risk management techniques applied by micro-finance institutions in Kenya; to find out how micro-finance institutions analyze the credit worthiness of their customers and to determine the credit risk management process utilized by micro-finance institutions (MFIs). From 35 MFIs sampled, this study found out that credit criteria, the six c’s of credit (character, capacity, capital, condition, collateral and common sense), diversification of loan services, credit reminder, training and development of staff, collateralizations as well as guidelines for credit approval process are important techniques to manage credit risk. The completion of this study is of great significance as it...
Danielle Park. Juggling Dynamite: An insider's wisdom about money management, markets, and wealth that lastsPublisher:
With straight talk and real life stories, this book shows you how to protect your investments so that neither you nor your money are trampled by the myths and herd mentality of the marketplace. Investing can be challenging. Compounding the problem are the pressures that stem from the profit-seeking investment sales industry and the business media. In Juggling Dynamite, portfolio manager Danielle Park reveals the insider wisdom you need to build and preserve your wealth through the market cycles. Park explains how investors can benefit from understanding cycles, the cost of mutual funds, and the evaluation of stock prices. This book will equip you with the tools to make your portfolio grow using active investing and market timing. Juggling Dynamite will enable you to reach that elusive brass ring: lasting financial success.
Alka Swami. Agricultural Risk Management in Bikaner District of Rajasthan: Risk Mitigation Techniques for the Farmers of Desert AreasPublisher:
Agriculture activities are exposed to controllable and uncontrollable risks. Controllable risks are typically pests, diseases, weeds, and seed material. Uncontrollable risks are mainly climatic such as erratic rainfall, extreme temperature conditions, hail incidences, extreme wind speeds, humidity variations etc. Moreover, the adverse changes in both input and output prices make condition more vulnerable for the farmers. Farmers, from the ages, are trying to cape with above mentioned risks by adopting various risk management strategies. Earlier there were only informal methods of risk mitigation but in independent India, government is also trying to support to the most vulnerable entrepreneurs of the country by offering various formal methods of risk management like insurance, credit, subsidies etc. The study take the look over the situation of the farmers of the desert district of Bikaner.
Stephen Ward, Chris Chapman. How to Manage Project Opportunity and Risk: Why Uncertainty Management can be a Much Better Approach than Risk ManagementPublisher:
Since I wrote the Foreword for the second edition of this book, risk management processes have become much more widely used, but controversy about what should be done and how best to do it has grown. Managing risk is a risky business. Chapman and Ward provide an in-depth explanation of why it is important to understand and manage underlying uncertainty in all its forms, in order to realise opportunities more fully and enhance corporate performance. They show what best practice should look like. The implications go well beyond the conventional wisdom of project risk management, providing an enlightening new perspective.—Professor Tony M. RidleyImperial College London, Past President, Institution of Civil EngineersChris Chapman and Stephen Ward continue to educate the profession with this masterful exposition of the differences between, and the potentials for combinations of, risk, uncertainty and opportunity. Particularly welcome is the way they integrate this trio into the project...
Tarek Traboulsi. Managing Risks in IT Projects: e-Government Projects: What is an effective risk management strategy for e-Government projects?Publisher:
The purpose of this research is to provide IT project managers with a good understanding of the most important possible IT project risks and the possible ways to react against them in addition to suggesting an extended model for managing e-Government project risks through ordering the most important risks and their most effective mitigation plans. In this dissertation, literature has been analysed deeply to demonstrate the background of the project and to determine the most important and noticed IT and e-Government project risks in addition to their suggested effective mitigation plans. After that, two separated models for managing IT and e-Government projects risks have been created. IT and e-Government project managers have been asked to order the determined risks and mitigation plans by using questionnaire. These gathered responses have been analysed and linked together to create the ordered models. These models were used in addition to the discovered relations to combine them...
Omar Hussain, Tharam S. Dillon, Farookh K. Hussain, Elizabeth Chang. Risk Assessment and Management in the Networked Economy (Studies in Computational Intelligence)Publisher:
Risk and reward are always foremost in the determination of investment decisions and business transactions. Advances in the area of Information Communication Technologies (ICT) have enabled the development of new business paradigms. Such paradigms involve transactions taking place between loosely connected parties, often totally or partially unknown to one another. One important concept required to ensure such transactions are successful is transactional risk. The importance of doing this has been demonstrated in recent financial crisis. This book is unique in simultaneously taking into account the likelihood of an event occurring and its financial impact and provides an integrated discussion of the process of transactional risk identification, assessment, evaluation, management and recording in these emerging domains. It provides a detailed and clear exposition of the importance of transactional risk before detailing for its assessment and evaluation. The scope of the book is...
Evan Wheeler. Security Risk Management: Building an Information Security Risk Management Program from the Ground UpPublisher:Syngress
The goal of Security Risk Management is to teach you practical techniques that will be used on a daily basis, while also explaining the fundamentals so you understand the rationale behind these practices. Security professionals often fall into the trap of telling the business that they need to fix something, but they can't explain why. This book will help you to break free from the so-called "best practices" argument by articulating risk exposures in business terms. You will learn techniques for how to perform risk assessments for new IT projects, how to efficiently manage daily risk activities, and how to qualify the current risk level for presentation to executive level management. While other books focus entirely on risk analysis methods, this is the first comprehensive guide for managing security risks. - Includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment. - Explores each...
The Ama Handbook Of Financial Risk ManagementPublisher:
Managing financial risks comes down to understand ing how to reduce a complex business environment into workable concepts and models. The AMA Handbook of Financial Risk Management provides readers with the tools they need for dealing with the most important areas of financial decision making. Filled with strategies, principles, and measurement techniques, the book shows readers how to: Categorize financial risks Reduce risks from cash flow and budget exposures Analyze operating risks Understand assessments or risk and return Manage risks in capital investment decisions Providing both explanations and practical applications, the book clarifies the factors that affect the value of a firm, considerations such as time and the proper use of debt, and risks inherent in the capital structure of the firm and the valuation of business combinations. This is a comprehensive guide that enables risk managers and anyone involved in the...
Enterprise Risk ManagementPublisher:
Using examples from companies such as Home Depot, Airbus, Boeing, and Nokia, as well as countries including Taiwan and Russia, Enterprise Risk Management takes an in-depth look at one of the hottest topics in business today. Showing readers in charge of monitoring operational exposures in corporations, nonprofit organizations, and government agencies how they can best determine and balance opportunities against the possibilities of loss. Featuring enlightening case studies, interviews, and exercises, this essential book shows readers how they can implement ERM the right way at their organization.
The Risk Modeling Evaluation Handbook: Rethinking Financial Risk Management Methodologies In The Global Capital MarketsPublisher:
The first in-depth analysis of inherent deficiencies in present practices “A book like this helps reduce the chance of a future breakdown in risk management.” Professor Campbell R. Harvey, the Fuqua School of Business, Duke University “A very timely and extremely useful guide to the subtle and often difficult issues involved in model risk—a subject which is only now gaining the prominence it should always have had.” Professor Kevin Dowd, Nottingham University Business School, the University of Nottingham “This book collects authoritative papers on a timely and important topic . . . and should lead to many new insights.” Professor Philip Hans Franses, Erasmus School of Economics, Erasmus University “Inadequate valuation and risk management models have played their part in triggering the recent economic turmoil felt around the world. This timely book, written by experts in the field of model risk, will...
Extreme Risk Management: Revolutionary Approaches To Evaluating And Measuring RiskPublisher:
A revolutionary new approach for detecting and managing inherent risk The unprecedented turmoil in the financial markets turned the field of quantitative finance on its head and generated severe criticism of the statistical models used to manage risk and predict “black swan” events. Something very important had been lost when statistical representations replaced expert knowledge and statistics substituted for causation. Extreme Risk Management brings causation into the equation. The use of causal models in risk management, securities valuation, and portfolio management provides a real and much-needed alternative to the stochastic models used so far. Providing an alternative tool for risk modeling and scenario-building in stress-testing, this game-changing book uses causal models that help you: Evaluate risk with extraordinary accuracy Predict devastating worst-case scenarios Enhance transparency Facilitate better...
Michel Crouhy, Dan Galai, Robert Mark. The Essentials of Risk ManagementPublisher:McGraw-Hill
Risk management is no longer confined solely to risk management specialists. Stakeholders ranging from employees to investors must understand how to quantify the tradeoffs of risk against the potential return. The failure to understand the essential nature of risk can have devastating consequences. Globally renowned risk and corporate governance experts Michel Crouhy, Dan Galai, and Robert Mark have updated and streamlined their bestselling professional reference Risk Management to introduce you to the world of risk management without requiring you to know the intricate formulas and mathematical details. The Essentials of Risk Management is the first book to make even the most sophisticated risk management approaches simultaneously accessible to both risk and non risk professionals. It will help you to: - Increase the transparency of your risk management program to satisfy shareholders, employees, regulators, and other important constituencies; - Keep on...
Joel Bessis. Risk Management in BankingPublisher:John Wiley and Sons, Ltd
Now in its third edition, this seminal work by Joel Bessis has been comprehensively revised and updated to take into account the changing face of risk management. Fully restructured, featuring new material and discussions on new financial products, derivatives, Basel II, credit models based on time intensity models, implementing risk systems and intensity models of default, it also includes a section on Subprime that discusses the crisis mechanisms and makes numerous references throughout to the recent stressed financial conditions. The book postulates that risk management practices and techniques remain of major importance, if implemented in a sound economic way with proper governance. Risk Management in Banking, Third Edition considers all aspects of risk management emphasizing the need to understand conceptual and implementation issues of risk management and examining the latest techniques and practical issues, including: Asset-Liability Management; ...
Robert R. Moeller. COSO Enterprise Risk ManagementPublisher:John Wiley and Sons, Ltd
Get fully updated, step-by-step guidance for implementation of COSO's Enterprise Risk Management. Companies today are expected to manage a variety of risks that would have been unthinkable a decade ago. Discussing the latest trends and pronouncements that have affected COSO ERM (Committee of Sponsoring Organizations Enterprise Risk Management) and your company's ERM program, COSO Enterprise Risk Management, Second Edition enables organizations of all types and sizes to understand and better manage their risk environments and make better decisions through use of the COSO ERM framework. Now fully revised and updated, COSO Enterprise Risk Management, Second Edition features up-to-the-minute discussion of: - The PCAOB's release of ASS. - ISACAs СОВIT standards to manage and understand risks. - Recently released risk-related standards from the Institute of Internal Auditors (IIA). - The AICPA's recently released Risk Assessment Standards for private...
Francois Duc. Market Risk Management for Hedge FundsPublisher:
Market Risk Management for Hedge Funds provides a clear understanding of the fundamentals of quantitative risk measurement, as well as covering the technical aspects of the Style Value–at–Risk and the Implicit Value–at–Risk measurements applied to hedge funds. The book is divided into three parts. The first part explains the fundamentals of the Style and Implicit Value–at–Risk measurements as seen through the eyes of the alternative industry practitioner. It describes the effects of the ongoing institutionalisation of the hedge fund domain and examines one of the most important features of an absolute return industry. This section also addresses the issues of active and passive hedge fund indices, the failure of both approaches to provide a good representation of hedge funds, and finally provides a qualitative insight of the four dimensions of risk management for the hedge fund investor. Part two is devoted to Style Value–at–Risk measurement, presenting the original model as...
Harry Cendrowski. Enterprise Risk Management and COSOPublisher:
Praise for Enterprise Risk Management and COSO: A Guide for Directors, Executives, and Practitioners "This book represents a unique guide on how to manage many of the critical components that constitute an organization?s corporate defense program." —Sean Lyons, Corporate Defense Management (CDM) professional "This book provides a comprehensive analysis of enterprise risk management and is invaluable to anyone working in the risk management arena. It provides excellent information regarding the COSO framework, control components, control environment, and quantitative risk assessment methodologies. It is a great piece of work." —J. Richard Claywell, CPA, ABV, CVA, CM&AA, CFFA, CFD "As digital information continues its exponential growth and more systems become interconnected, the demand and need for proper risk management will continue to increase. I found the book to be very informative, eye–opening, and very pragmatic with an approach to risk management that...
George E. Rejda. Principles of Risk Management and InsurancePublisher:Prentice Hall
The areas of risk and insurance have been profoundly affected by extensive changes in the financial industry, including wide-ranging scandals, a striking downswing in the economy, and unprecedented government intervention. The Eleventh Edition of Principles of Risk Management and Insurance covers all of these important events while continuing to blend risk management and insurance principles with consumer considerations. Highlights of the eleventh edition: Failure of enterprise risk management programs; The impact of the financial meltdown on the insurance industry; The breakdown of federal and state regulation and the need for widespread regulatory reform; Health care reform; Revision of major medical insurance; New developments in employer-sponsored health insurance plans; Restructuring of material on qualified retirement plans; New insight boxes.
Andrew Fight. Credit Risk Management: Essential Capital MarketsPublisher:Elsevier Butterworth-Heinemann
"Credit Risk Management: Essential Capital Markets" is a training manual which will enable students, bankers, corporate financiers, and those already in the finance profession to gain an understanding of the basic information and principles of credit risk evaluation for corporate lending. Readers will learn to use those underlying principles to undertake an analysis of non-financial and financial risks when preparing a credit proposal. Since the best loans are those that do not present a problem during the repayment stage, the author focuses on elements relating to the proactive management of loans during their inception.
Paul M. Collier. Fundamentals of Risk Management for Accountants and Managers: Tools and TechniquesPublisher:Elsevier
In today's economic climate, no manager or board of directors can afford to ignore the importance of risk management to their business. This vital guide to the risks so many businesses face explains how to identify and manage risk, showing practitioners and students the financial and non-financial risk management skills they need to safeguard their organization. Practical and applied, it includes bite-sized case studies from a range of industries and: Combines a broad strategic approach to enterprise risk management with chapters on specific applications of risk management. Balances the importance of financial and other quantitative techniques with a social science perspective. Draws on international models including those developed in UK, Australia, South Africa, as well as techniques developed in the US. The book also provides professionals and students with a solid grounding in how risks are identified, assessed, measured, managed and monitored in...
W. Kent Muhlbauer. Pipeline Risk Management Manual: Ideas, Techniques, and ResourcesPublisher:Gulf Professional Publishing
Here's the ideal tool if you're looking for a flexible, straightforward analysis system for your everyday design and operations decisions. This new third edition includes sections on stations, geographical information systems, "absolute" versus "relative" risks, and the latest regulatory developments. From design to day-to-day operations and maintenance, this unique volume covers every facet of pipeline risk management, arguably the most important, definitely the most hotly debated, aspect of pipelining today. Now expanded and updated, this widely accepted standard reference guides you in managing the risks involved in pipeline operations. You'll also find ways to create a resource allocation model by linking risk with cost and customize the risk assessment technique to your specific requirements. The clear step-by-step instructions and more than 50 examples make it easy. This edition has been expanded to include offshore pipelines and distribution system pipelines as well as...
Johnny Long. Techno Security's Guide to Managing Risks for IT Managers, Auditors, and InvestigatorsPublisher:
Techno Security's Guide to Managing Risks for IT Managers, Auditors, and Investigators
Christine Helliar. Interest Rate Risk ManagementPublisher:CIMA Publishing
Financial risk management is currently subject to much debate, especially the accounting for derivative products, and a number of commentators are objecting to the introduction of International Accounting Standard IAS 39 for Derivatives that will be in force by January 2005 for all EU companies. The topic of hedge accounting and the treatment of fair values may have a significant impact on many companies reported profits, and the volatility of earnings is likely to increase. Uniquely this monograph focuses on interest rate risk management. Most studies of corporate risk management have typically dwelt on the topic of management of exchange rate risk, with interest rate risk management being neglected. The book's findings examine the views of UK corporate treasurers who are usually involved in the risk management strategies of their organisation and who have responsibility for implementing those strategies in practice.
Michael Lengenfelder. The Modern Risk Management of Hedge Funds: Risk and Return of Alternative InvestmentsPublisher:
In the constantly evolving hedge fund marketplace, nothing is more central than risk. Yet, there remains no standard for analyzing and measuring risk within this highly secretive, largely unregulated field. The structure of the thesis is five-fold. The first part consists of a brief case study of ? Long Term Capital Management. In the second part, general information on the hedge fund industry will be discussed. Besides a definition of hedge funds, the chapter also talks about data biases, leverage and short selling. The third part mainly focuses on the return component of hedge funds. Special emphasis is put on risk-unadjusted and risk-adjusted performance measures. The fourth chapter is dedicated to all different kinds of risks that are inherent in hedge funds. The last part provides an in-depth analysis of modern risk management for hedge funds. The different risk measures are divided in the four sub-chapters: risk measures that are relevant to investors, to managers or to both. A...
Philippe Carrel. The Handbook of Risk Management: Implementing a Post Crisis Corporate Culture (The Wiley Finance Series)Publisher:
This handbook shows a firm how to repurpose its risk management in order to design and implement a corporate culture which involves all business units and individuals at each level of the hierarchy, how to analyse its risk appetite, translate it into risk policies and risk targets and distribute responsibilities and capabilities accordingly. The book explains how to identify risk exposure across the enterprise; how to empower each business unit with risk management capabilities; how to create an information workflow for preventative decision making; how to align funding strategies and liquidity management tactics with corporate risk policies and finally, how to deal with risk management in external communications.
JOHN CHIBAYA MBUYA. RISK MANAGEMENT FUNDAMENTALS: Risk Management PrinciplesPublisher:
This book presents the fundamentals of managing risk. The aims of this book are to: ? define a risk manager; ? define what risk management is all about; ? define various categories of risk; It is hoped that the book will appeal to students at undergraduate, graduate or post experience level in business or management, or on related professional courses. It is also hoped that the book will appeal not only to those aspiring to be risk managers but also to practicing risk managers and supervisors who wish to expand their knowledge of the subject matter. The book is written with a minimum of technical terminology and statistical formulas and the format is clearly structured.
Jonathan Reuvid. The Business Guide to Credit Management: Advice and Solutions for Cost Control, Financial Risk Management and Capital Protection (Business Guides)Publisher:
In the best economic circumstances, effective credit management can be a challenge for many businesses; in tough times, it can become a critical operational factor that can threaten to make or break an otherwise healthy business. The Business Guide to Credit Management offers new insights into cash management, payment flows, debt collection and asset-based finance, providing practical advice and commentary for those charged with managing, coordinating and protecting their company's finances. It examines the credit management cycle from the perspectives of the suppliers, the customers and the banks, explaining the interrelationships between all three groups and offering best-practice models that can help to smooth the financial path, particularly when credit flows appear to be drying up.
Celine Louche, Samuel O. Idowu, Walter Leal Filho. Innovative CSR: From Risk Management to Value CreationPublisher:
By and large, corporations of the 21st century have come to realize that their obligations to societies in terms of corporate social responsibility are fourfold: economic, ethical, altruistic and strategic. Meeting these four responsibilities is crucial to their survival in their various markets and industries; it also requires them to rewrite their previously less socially responsible business models in order to do so. All indications continue to suggest that it is those organizations that are perceived to be socially responsible by stakeholders in modern markets that survive and prosper. Corporations have equally realized that by being innovative in all things - including their CSR activities and initiatives - they will add value to the so-called bottom line, to the positive contributions they make to society and to how they are perceived by their key stakeholders. However, many criticisms have been made of CSR in its current form, often related to the lack of value that it...
Dr. Stephanie Yates Rauterkus. Dollars and Sense: A Modular Guide to Sensible Money Management (Volume 1)Publisher:
This module describes the key first steps that all consumers should take when approaching their personal finances. Much this module is meant to get readers to reflect on their attitudes toward money and personal finance. This reflection step - often overlooked - could help consumers to overcome any money anxiety that they currently feel and encourage them to take a long-term approach to their personal finances.
Dr. Stephanie Yates Rauterkus. Dollars and Sense: Module Two: A Modular Guide to Sensible Money Management (Volume 2)Publisher:
This module explains the importance of financial institutions to the consumer and the many products and services that they provide. Many consumers are 'unbanked' largely due to a lack of trust in banks or the inability to provide the information necessary to open and maintain account. This module explains the reason for those requirements and the role that financial institutions play in financial markets.
Dr. Stephanie Yates Rauterkus. Dollars and Sense: Module Three: A Modular Guide to Sensible Money Management (Volume 3)Publisher:
This module provides readers with the tools necessary to become their own personal financial manager. It explains key financial elements that adults need to address at all stages in life. Frequently, consumers do not address the topics in this chapter until they encounter a problem or crisis. This text takes the proactive approach to these topics by suggesting that consumers maintain personal financial systems that they review annually and update as needed with regard to insurance, credit, taxes, personal records and important papers.
Alan Calder, Steve G Watkins. Information Security Risk Management for ISO27001 / ISO27002Publisher:
Expert guidance on planning and implementing a risk assessment and protecting your business information. In the knowledge economy, organisations have to be able to protect their information assets. Information security management has, therefore, become a critical corporate discipline. The international code of practice for an information security management system (ISMS) is ISO27002. As the code of practice explains, information security management enables organisations to ensure business continuity, minimise business risk, and maximise return on investments and business opportunities . ISMS requirements The requirements for an ISMS are specified in ISO27001. Under ISO27001, a risk assessment has to be carried out before any controls can be selected and implemented, making risk assessment the core competence of information security management. This book provides information security and risk management teams with detailed, practical guidance on how to develop and implement a risk...
Audrey Sneider. Risk management tool in financial institutions: Strategic interest (German Edition)Publisher:
Banks and financial institutions record core banking activities (taking deposits and making loans) on the balance sheet of the banking book, but trading book (trading and investment) pursuits are recorded off-balance-sheet. Both books are subject to considerable risk from numerous sources, but regulatory capital reserves ? to shield from unexpected market moves ? are not required for the banking book as they are for the trading book. Both of these substantial shortcomings will be addressed in the near future. The 2005 initiation of new global accounting standards will ensure that trading book derivative fair values are recorded and reported on the balance sheet while the new Basel accord, due for full implementation in 2007, will regulate the calculation and reservation of capital required for the banking book. These changes are expected to better regulate and manage the transparency of financial institutions' activities and so prevent large scale economic disasters or deliberate...
JOHN CHIBAYA MBUYA. CREDIT RISK FUNDAMENTALS: CREDIT RISK MANAGEMENTPublisher:
The fundamentals of credit risk management in the banking industry explores: ? the functions and application of credit management ? what background is needed in the credit environment ? the relationship between sales and credit ? control at ?coal face? level ? some tried and tested lending principles ? effective interviewing for credit applications ? check list for corporate customers ? the criteria banks use to assess advances The book is written with a minimum of technical terminology and statistical formulas and the format is clearly structured.
Handbook of Quantitative Finance and Risk ManagementPublisher:
Quantitative finance is a combination of economics, accounting, statistics, econometrics, mathematics, stochastic process, and computer science and technology. Increasingly, the tools of financial analysis are being applied to assess, monitor, and mitigate risk, especially in the context of globalization, market volatility, and economic crisis. This two-volume handbook, comprised of over 100 chapters, is the most comprehensive resource in the field to date, integrating the most current theory, methodology, policy, and practical applications. Showcasing contributions from an international array of experts, the Handbook of Quantitative Finance and Risk Management is unparalleled in the breadth and depth of its coverage. Volume 1 presents an overview of quantitative finance and risk management research, covering the essential theories, policies, and empirical methodologies used in the field. Chapters provide in-depth discussion of portfolio theory and investment analysis. Volume 2 covers...