Corporate Risk Management: Theories and Applications (Wiley Finance)

by Georges Dionne (Author)

• New

  Illustrated
  2019

  $67.61

  Corporate Risk Management focuses on the corporate finance dimension of risk management, presenting several theoretical models that justify risk management in different industries, and empirically verifies theoretical propositions. It also proposes statistical modelling to identify the importance of distinct risks and of their variations according to economic cycles. Default, liquidity and operational risks during the financial crisis that began in 2007 are analyzed in detail. The book also analyzes the failures of LTCM and Enron. One chapter is devoted to Conditional Value at Risk (CVaR), which is central to the debate on the measurement of market risk under Basel III. This book covers almost all aspects of corporate risk management, with an emphasis on recent issues.