Global Risk Management Ifr3 H

Hardcover (Print)
Buy New
Buy New from BN.com
$139.60
Used and New from Other Sellers
Used and New from Other Sellers
from $30.59
Usually ships in 1-2 business days
(Save 79%)
Other sellers (Hardcover)
  • All (8) from $30.59   
  • New (5) from $112.69   
  • Used (3) from $30.59   

Overview

In this age of international terrorism and international economic contagion, it is clear that "globalization" in its broadest sense - i.e., the "breaking down of barriers"- is often a double-edged sword. The world economy of the early twenty-first century offers substantial growth potential and strategic benefits for firms, but it also entails much risk, which must be measured and managed effectively. Consequently, business in today's world must constantly be alert to opportunities afforded by improving technology and financial market integration as they seek to develop successful risk management programs.



Often viewed as a narrow field focusing on derivatives or insurance, risk management is in fact a much broader discipline, encompassing operational strategies as well as the financial and/or insurance decisions of the firm. This is particularly true for complex business enterprises operating in the international market.



In view of the importance of risk management in practice as well as in the academic literature, the Fox School of Business and Management at Temple University invited leading scholars of finance, risk management, and international business to examine the current status and future direction of global risk management as a discipline.



The conference was held on April 20, 2001 at the Fox School under the auspices of the Institute of Global Management Studies (IGMS) and the Advanta Center for Financial Services Studies, as the Second Annual International Business Forum sponsored by the IGMS.



The conference was designed to be international in perspective and comprehensive in coverage. It included discussions of concepts,measurement, and management of various types of risk. Each speaker was asked to make a presentation on one topic within the broad theme that not only would address the state of the art but also would provide insights into specific emerging issues within the chosen topic. Much of this volume is a collection of articles presented at that conference. It is hoped that this collection will provide a new research agenda for the risk management discipline, as well as a source of reference for scholars, practitioners, and graduate students.

In this age of international terrorism and international economic contagion, it is clear that "globalization" in its broadest sense - i.e., the "breaking down of barriers"- is often a double-edged sword. The world economy of the early twenty-first century offers substantial growth potential and strategic benefits for firms, but it also entails much risk, which must be measured and managed effectively. Consequently, business in today's world must constantly be alert to opportunities afforded by improving technology and financial market integration as they seek to develop successful risk management programs.

Often viewed as a narrow field focusing on derivatives or insurance, risk management is in fact a much broader discipline, encompassing operational strategies as well as the financial and/or insurance decisions of the firm. This is particularly true for complex business enterprises operating in the international market.

In view of the importance of risk management in practice as well as in the academic literature, the Fox School of Business and Management at Temple University invited leading scholars of finance, risk management, and international business to examine the current status and future direction of global risk management as a discipline.

The conference was held on April 20, 2001 at the Fox School under the auspices of the Institute of Global Management Studies (IGMS) and the Advanta Center for Financial Services Studies, as the Second Annual International Business Forum sponsored by the IGMS.

The conference was designed to be international in perspective and comprehensive in coverage. It included discussions of concepts, measurement, and management ofvarious types of risk. Each speaker was asked to make a presentation on one topic within the broad theme that not only would address the state of the art but also would provide insights into specific emerging issues within the chosen topic. Much of this volume is a collection of articles presented at that conference. It is hoped that this collection will provide a new research agenda for the risk management discipline, as well as a source of reference for scholars, practitioners, and graduate students.

Read More Show Less

Product Details

  • ISBN-13: 9780762309825
  • Publisher: Emerald Group Publishing
  • Publication date: 12/16/2002
  • Series: International Finance Review
  • Pages: 220
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.56 (d)

Table of Contents

List of Contributors
Foreword
Preface
1 Global Risk Management: Concepts and Strategies 3
2 Risk, Public Perception, and Education: Quantitative and Qualitative Risk 7
3 What's New in Value-at-Risk? A Selective Survey 15
4 "Leapfrogging" the Variance: The Financial Management of Extreme-Event Risk 39
5 Assessing Market and Credit Risk of Country Funds: A Value-at-Risk Analysis 61
6 Frictions and Tax-Advantaged Hedge Fund Returns 81
7 Financial Versus Operational Hedging 97
8 Exchange Rate Exposure: A Simple Model 107
9 The Impact of the Asian Financial Crisis on U.S. Multinationals 117
10 Managing Political Risk in the Age of Terrorism 131
11 Security Measures and Determination of Capital Requirements 157
12 Integrating Reinsurance Strategy with Asset Strategy to Achieve Capital Efficiencies 163
13 The "Flight to Quality," Global Capacity, and U.S. Reinsurance Prices 171
About the Editors 207
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)