Download or read book Benchmark Framework for Risk Management written by John H. Shortreed and published by . This book was released on 2000 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Benchmark Framework for Risk Management written by Eckhard Platen and published by . This book was released on 2003 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Benchmark Framework for Integrated Risk Management written by Eckhard Platen and published by . This book was released on 2002 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How to Performance Benchmark Your Risk Management written by Julian Talbot and published by Createspace Independent Publishing Platform. This book was released on 2012-01-26 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every year we spend billions on risk management, often without measuring the effectiveness of those critical risk management initiatives. This book has been designed to help you assess the effectiveness of your risk management and is based on over 50 years of the authors practical experience. Because everyone's time is short, we've condensed those 50 years into 50 pages of practical advice that can be applied immediately. It addresses questions such as: "How do I tell if the $x million spent actually delivered benefits or reduced risk?," "How do I know how my organization is performing against its peers in terms of ROI on risk mitigations?" Using illustrations, examples and appropriate tools, this book offers a range of methods and guiding principles to help develop effective Key Performance Indicators and scorecards which align your risk management processes to organizational objectives.
Download or read book Algorithms for Worst Case Design and Applications to Risk Management written by Berç Rustem and published by Princeton University Press. This book was released on 2009-02-09 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recognizing that robust decision making is vital in risk management, this book provides concepts and algorithms for computing the best decision in view of the worst-case scenario. The main tool used is minimax, which ensures robust policies with guaranteed optimal performance that will improve further if the worst case is not realized. The applications considered are drawn from finance, but the design and algorithms presented are equally applicable to problems of economic policy, engineering design, and other areas of decision making. Critically, worst-case design addresses not only Armageddon-type uncertainty. Indeed, the determination of the worst case becomes nontrivial when faced with numerous--possibly infinite--and reasonably likely rival scenarios. Optimality does not depend on any single scenario but on all the scenarios under consideration. Worst-case optimal decisions provide guaranteed optimal performance for systems operating within the specified scenario range indicating the uncertainty. The noninferiority of minimax solutions--which also offer the possibility of multiple maxima--ensures this optimality. Worst-case design is not intended to necessarily replace expected value optimization when the underlying uncertainty is stochastic. However, wise decision making requires the justification of policies based on expected value optimization in view of the worst-case scenario. Conversely, the cost of the assured performance provided by robust worst-case decision making needs to be evaluated relative to optimal expected values. Written for postgraduate students and researchers engaged in optimization, engineering design, economics, and finance, this book will also be invaluable to practitioners in risk management.
Download or read book Strategic Risk Taking written by Aswath Damodaran and published by Pearson Prentice Hall. This book was released on 2008 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Groundbreaking book that redefines risk in business as potentially powerful strategically to help increase profits. bull; Get out of your "defensive crouch ": learn which risks to avoid, which to mitigate, and which to actively exploit. bull; Master risk management techniques that can drive competitive advantage, increase firm value, and enhance growth and profitability. bull; By Dr. Aswath Damodaran, one of the field's top "gurus " - known worldwide for his classic guides to corporate finance and valuation.
Download or read book Enterprise Risk Management written by John R. S. Fraser and published by John Wiley & Sons. This book was released on 2021-07-07 with total page 951 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlock the incredible potential of enterprise risk management There has been much evolution in terms of ERM best practices, experience, and standards and regulation over the past decade. Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives, Second Edition is the revised and updated essential guide to the now immensely popular topic of enterprise risk management (ERM). With contributions from leading academics and practitioners, this book offers insights into what practitioners are doing and what the future holds. You’ll discover how you can implement best practices, improve ERM tools and techniques, and even learn to teach ERM. Retaining the holistic approach to ERM that made the first edition such a success, this new edition adds coverage of new topics including cybersecurity risk, ERM in government, foreign exchange risk, risk appetite, innovation risk, outsourcing risk, scenario planning, climate change risk, and much more. In addition, the new edition includes important updates and enhancements to topics covered in the first edition; so much of it has been revised and enhanced that it is essentially an entirely new book. Enterprise Risk Management introduces you to the concepts and techniques that allow you to identify risks and prioritize the appropriate responses. This invaluable guide offers a broad overview, covering key issues while focusing on the principles that drive effective decision making and determine business success. This comprehensive resource also provides a thorough introduction to ERM as it relates to credit, market, and operational risk, as well as the evolving requirements of the board of directors’ role in overseeing ERM. Through the comprehensive chapters and leading research and best practices covered, this book: Provides a holistic overview of key topics in ERM, including the role of the chief risk officer, development and use of key risk indicators and the risk-based allocation of resources Contains second-edition updates covering additional material related to teaching ERM, risk frameworks, risk culture, credit and market risk, risk workshops and risk profiles and much more. Over 90% of the content from the first edition has been revised or enhanced Reveals how you can prudently apply ERM best practices within the context of your underlying business activities Filled with helpful examples, tables, and illustrations, Enterprise Risk Management, Second Edition offers a wealth of knowledge on the drivers, the techniques, the benefits, as well as the pitfalls to avoid, in successfully implementing ERM.
Download or read book Enterprise Risk Management written by Gregory Monahan and published by John Wiley & Sons. This book was released on 2008-09-29 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for enterprise risk management (ERM) practitioners who recognize ERM?s value to their organization, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives thoroughly examines operational risk management and allows you to leverage ERM methodology in your organization by putting author and ERM authority Gregory Monahan's Strategic Objectives At Risk (SOAR) methodology to work. A must-read for anyone interested in risk management as a strategic, value-adding tool, this no-nonsense book shows you how to use ERM and SOAR to empower your company to go from stuck to competitive.
Download or read book Benchmarking and Self Assessment for Parliaments written by Mitchell O'Brien and published by World Bank Publications. This book was released on 2016-03-28 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: With international focus on good governance and parliamentary effectiveness, a standards-based approach involving benchmarks and assessment frameworks has emerged to evaluate parliament's performance and guide its reforms. The World Bank's has been a leader in the development of these frameworks, stewarding a global multi-stakeholder process aimed at enhancing consensus around parliamentary benchmarks and indicators with international organizations and parliaments across the world. The results so far, some of which are captured in this book, are encouraging: countries as diverse as Australia, Canada, Ghana, Sri Lanka, Tanzania and Zambia have used these frameworks for self-evaluation and to guide efficiency-driven reforms. Donors and practitioners, too, are finding the benchmarks useful as baselines against which they can assess the impact of their parliamentary strengthening programs. The World Bank itself is using these frameworks to surface the root causes of performance problems and explore how to engage with parliamentary institutions in order to achieve better results. The World Bank can identify opportunities to help improve the oversight function of parliament, thus holding governments to account, giving 'voice' to the poor and disenfranchised, and improving public policy formation in order to achieve a nation's development goals. In doing so, we are helping make parliaments themselves more accountable to citizens and more trusted by the public.
Download or read book Risk Management of Sovereign Assets and Liabilities written by Mr.D. F. I. Folkerts-Landau and published by International Monetary Fund. This book was released on 1997-12-01 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an environment of sizable and volatile capital flows and integrated international capital markets, large and unhedged net external sovereign liabilities expose countries to swings in international asset prices and to potential speculative currency attacks. The paper argues that an essential step in reducing emerging market vulnerability to such external shocks is to reform the institutional arrangements governing asset and liability management policies, so as to promote a transparent, publicly accountable, and professional incentive structure.
Download or read book Better Practice Guide written by Australian National Audit Office Staff and published by . This book was released on 2008 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide provides a summary of the key principles and concepts of risk management as well as some practical tips to be considered when implementing or reviewing an agency's framework for managing risk. It also emhasises the imporance of developing the rihgt culture for managing risk.
Download or read book Stochastic Processes and Applications to Mathematical Finance written by and published by World Scientific. This book was released on 2004 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains 17 articles on stochastic processes (stochastic calculus and Malliavin calculus, functionals of Brownian motions and L(r)vy processes, stochastic control and optimization problems, stochastic numerics, and so on) and their applications to problems in mathematical finance.The proceedings have been selected for coverage in: OCo Index to Scientific & Technical Proceedings- (ISTP- / ISI Proceedings)OCo Index to Scientific & Technical Proceedings (ISTP CDROM version / ISI Proceedings)OCo Index to Social Sciences & Humanities Proceedings- (ISSHP- / ISI Proceedings)OCo Index to Social Sciences & Humanities Proceedings (ISSHP CDROM version / ISI Proceedings)OCo CC Proceedings OCo Engineering & Physical Sciences"
Download or read book The Fundamental Rules of Risk Management written by Nigel Da Costa Lewis and published by CRC Press. This book was released on 2012-05-29 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consequences of taking on risk can be ruinous to personal finances, professional careers, corporate survivability, and even nation states. Yet many risk managers do not have a clear understanding of the basics. Requiring no statistical or mathematical background, The Fundamental Rules of Risk Management gives you the knowledge to successfully handle risk in your organization. The book begins with a deep investigation into the behavioral roots of risk. Using both historical and contemporary contexts, author Nigel Da Costa Lewis carefully details the indisputable truths surrounding many of the behavioral biases that induce risk. He exposes the fallacy of the wisdom of experts, explains why you cannot rely on regulators, outlines the characteristics of the "glad game," and demonstrates how high intelligence or lack thereof can lead to loss of hard-earned wealth. He also discusses the weaknesses and failures of modern risk management. Moving on to elements often overlooked by risk managers, Dr. Lewis traces the link between corporate governance and risk management. He then covers core lessons surrounding the role of risk managers as well as the difficult subject of integrated, single lens analysis of risk. The book also explores aspects of spreadsheet risk and draws on lessons learned in the information systems and software engineering communities to provide guidance on selecting the right risk management system. It concludes with a discussion on the most dominant of risk measures—value at risk. Having a clear understanding about risk separates successful professionals, companies, and economies from history’s forgotten failures. Through examples and case studies, this thought-provoking book shows how the rules of risk can work to protect and enhance investor value.
Download or read book The World of Risk Management written by H. Gifford Fong and published by World Scientific. This book was released on 2006 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk management is a foundation discipline for the prudent conduct of investment management. Being effective requires ongoing evolution and adaptation. In The World of Risk Management, an expert team of contributors addresses the important issues arising in the practice of risk management. A common thread among these distinguished articles is a rigorous theoretical or conceptual basis as well as their practical significance. The topics include not only broad policy considerations but also detailed how-to prescriptions.
Download or read book Managing Risks in the Railway System written by Konstantinos Tzanakakis and published by Springer Nature. This book was released on 2021-01-23 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive and practice-oriented guide to risk management, with a special emphasis on the physical and environmental risks related to the operations of railway systems. It is intended to provide a roadmap for managing the risk by controlling safety. Starting with a concise historical introduction and by presenting basic concepts of risk management, the book describes in turn the railway systems and their complexity. Then, it goes in depth into the process of risk management, describing the main elements, from risk identification, analysis and assessment to risk monitoring and communication. Different risk assessment techniques are reviewed in detail, and the main components of a risk management plan are presented. The book concludes with an introduction to health risk management, describing strategies for performing health risk assessments for staff in safety-critical positions. Based on the conviction that controlling safety is the main strategy in managing risk, and on the fact that the systems we would like to control are complex ones, this book provides transport and safety engineers with the necessary knowledge to effectively managing the risks of the railway system.
Download or read book Risk Management for Central Banks and Other Public Investors written by Ulrich Bindseil and published by Cambridge University Press. This book was released on 2009-01-15 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: A survey of the fundamental issues and techniques surrounding risk management.
Download or read book Enterprise risk management integrated framework executive summary framework written by Committee of Sponsoring Organizations of the Treadway Commission (COSO) and published by . This book was released on 2004 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a benchmark for organizations to consider in evaluating and improving their enterprise risk management processes. Includes a companion document, Applications Techniques, providing examples of leading practices in enterprise risk management.
