内容

目次

Introduction; RISK MANAGEMENT AND CORPORATE FINANCE; The Nature of Risk;Risk Aversion, Insurance, and Hedging; The Irrelevance of Corporate Financingand Risk Management Decisions; Increasing Expected Cash Flows or Reducing theCost of Capital by Managing Risk; Reducing Conflicts between Security Holdersand Managers by Managing Risk; Reducing Conflicts amongst Security Holders byManaging Risk; Controlling and Exploiting Informational Asymmetries byManaging Risk; Value versus Cash Flow versus Earnings Risk Management; Totalversus Selective Risk Management; RISK MANAGEMENT AND BUSINESS STRATEGY; RiskCulture and Risk Management Business Models; Integrating People, Technology,and Processes through Enterprise-Wide Risk Management; Identifying MarketRisk Exposures and Defining Risk Tolerances; Spot, Forward, and Forward-LikeExposures; Identifying Option, Option-Like, and Real Option Exposures;Measuring and Monitoring Market Risk; Identifying, Measuring, and MonitoringCredit Risk; Identifying, Measuring, and Monitoring Liquidity Risk;Identifying, Measuring, and Monitoring Operational Risk; Identifying andManaging Legal Risk; THE TACTICS OF RISK CONTROL; Ex Ante Capital Allocation;Ex Post Performance Measurement and Compensation; Internal Controls; TacticalRisk Control with Derivatives; Tactical Risk Control through Actual andSynthetic Asset Divestitures; Strategic Risk Control with StructuredLiabilities; Insurance and ART; Notes; Bibliography; Index.