Balance Sheet: Volume 10 Issue 4
Table of contents
Five things an FD needs to know about the insurance market
The insurance market is having a tough time. Costs are rising as risk become tougher. But the best risks see high costs of insurance as a reason to leave the market and insure…
Coherent risk measurement: an introduction
Andreas KrauseIt is shown that the widely used risk measures standard deviation and value at risk do not always reflect risk preferences accurately. To overcome these problems in risk…
No surprises: the case for better risk reporting
This position paper from the Financial Reporting Committee of The Institute of Chartered Accountants in England and Wales provides an update on the latest thinking on risk…
Financial risk management: is it a value‐adding activity?
Richard FairchildConsiders whether financial risk management is value‐adding. Although risk management can reduce total risk, this may not affect the cost of capital or firm value…
Behaviour‐based risk management systems: Reducing costs by changing attitudes
Mike HammondThe drive to eliminate losses leads to greater emphasis on risk‐control measures. Argues that risk management can be transformed through the use of behaviour‐based risk management…
Asset management: equities demystified
Shanta AcharyaIn this series of extracts from the concluding chapter of Acharya’s book, Asset Management: Equities Demystified, the author argues that the major factor in future developments…