The Essentials of Risk Management - Hardcover

Crouhy, Michel; Galai, Dan; Mark, Robert

Hardcover

ISBN 10: 0071429662 ISBN 13: 9780071429665

Publisher: McGraw-Hill Education, 2006

Synopsis

Learn what risk management is and how you can effectively implement it in your organisation

Essentials of Risk Management eliminates the complex mathematics and minutiae surrounding corporate risk management. It describes key risk concepts and controls in language that you can understand. Topics include organisational issues and regulatory aspects, along with detailed descriptions of tools for controlling key types of market, credit, and operational risk.

Key features

Vital information from the bestselling Risk Management is made accessible to a wider professional audience

For ease of readability, complicated mathematical equations are located in appendixes instead of chapter text

The authors are prize-winning researchers and practitioners; each is a prominent and influential figure in the international risk management field

About this title

From the Back Cover:

Learn powerful corporate governance and risk strategies to control both financial and non financial risks

Risk is an integral component of every forward looking transaction. Now more than ever before, it is essential to understand the multiple dimensions of risk as well as how to best manage risk to gain a competitive advantage. The Essentials of Risk Management offers a strikingly clear picture of how to construct a superior risk management program.

The Essentials of Risk Management provides you with a practical, non-ivory tower approach that is necessary to effectively implement a superior risk management program. Written by three of the leading figures with extensive practical and theoretical experience in the global risk management and corporate governance arena, this straightforward guidebook features such topics as:

• Corporate governance, compliance and risk management
• How to implement integrated risk management
• Measuring, managing and hedging market, credit (retail and corporate), operational and model risk
• The roles of board members and senior management in managing risk

As corporate scandals continue to make headlines and erode shareholder confidence, risk becomes everyone's responsibility. The Essentials of Risk Management will empower both the technical and non technical reader with the essential knowledge necessary to understand and manage risks in any corporate or economic environment.

About the Author:

Dr. Michel Crouhy is Senior Vice President, Global Analytics, Market Risk Management Division at Canadian Imperial Bank of Commerce (CIBC). Prior to this he was a Professor of Finance at HEC. He has been a visiting professor at Wharton School where he received his Ph.D. He has extensively published in academic journals and is also the associate editor of the Journal of Derivatives, the Journal of Banking and Finance. He is also on the editorial board of the new Journal of Risk.

Dr. Dan Galai is the Abe Gray Professor of Finance and Business Administration at Hebrew University. He has been a visiting professor of Finance at INSEAD, and also has taught at UCLA and the University of Chicago where he received his Ph.D. He has consulted for the Chicago Board of Exchange and the American Stock Exchange. He has published numerous articles in leading business and finance journals and was the winner of the First Annual Pomeranze Prize for excellence in options research presented by the CBOE.

About this edition

• Publisher: McGraw-Hill Education
• Publication date: 2006
• ISBN 10: 0071429662
• ISBN 13: 9780071429665
• Binding: Hardcover
• Number of pages: 432