At a time when corporate scandals and major financial failures dominate newspaper headlines, the importance of good risk management practices has never been more obvious. The absence or mismanagement of such practices can have devastating effects on exposed organizations and the wider economy (Barings Bank, Enron, Lehmann Brothers, Northern Rock, to name but a few). Today's organizations and corporate leaders must learn the lessons of such failures by developing practices to deal effectively with risk. This book is an important step towards this end. Written from a European perspective, it brings together ideas, concepts and practices developed in various risk markets and academic fields to provide a much-needed overview of different approaches to risk management. It critiques prevailing enterprise risk management frameworks (ERMs) and proposes a suitable alternative. Combining academic rigour and practical experience, this is an important resource for graduate students and professionals concerned with strategic risk management.
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List of figures; List of tables; Preface; 1. The strategic nature of corporate risk management; 2. Economic exposures in corporate risk management; 3. Managing market-related business exposures; 4. Extending the risk management perspective; 5. Integrative risk management perspectives; 6. Current risk management practice and the rise of ERM; 7. Strategic risk analyses; 8. Strategic risk management - amendments to the ERM framework; 9. Strategic risk management; 10. Postscriptum; Appendix; Index.
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A much-needed overview of different approaches to risk management for graduate students and professionals.
Produktdetaljer
ISBN
9780521114240
Publisert
2010-03-04
Utgiver
Vendor
Cambridge University Press
Vekt
700 gr
Høyde
253 mm
Bredde
180 mm
Dybde
18 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
268