Synopsis
The fifth Canadian edition of this text focuses on managing return and risk in modern financial institutions (FIs). Financial Institutions Management's central theme is that the risks faced by FI managers and the methods and markets through which these risks are managed are similar whether an institution is a bank or an insurance company. As in any stockholder-owned corporation, the goal of FI managers should always be to maximize the value of the FI. However, pursuit of value maximization does not mean that risk management can be ignored.
"synopsis" may belong to another edition of this title.
About the Authors
Anthony Saunders received his Ph.D. from the London School of Economics. He is John M. Schiff Professor of Finance and the former chair of the Department of Finance at the Stern School of Business at New York University. Dr. Saunders has taught both undergraduate and graduate level courses at New York University since 1978. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne. He is currently on the Executive Committee of the Salomon Center for the Study of Financial Institutions, New York University. His research has been published in all the major money and banking and finance journals and in several books. In addition, he has authored or co-authored several professional books, the most recent of which is Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms.
Marcia Millon Cornett received a B.S. in economics from Knox College and her M.B.A. and Ph.D. in finance from Indiana University, Bloomington. She is Robert A. and Julia E. Dorn Professor of Finance at Bentley University. Dr. Cornett is co-author with Anthony Saunders of Financial Institutions Management and Financial Markets and Institutions. She serves as an associate editor for the Journal of Banking and Finance, the Journal of Financial Services Research, Review of Financial Economics, Financial Review, and Multinational Finance Journal. Dr. Cornett has served on the board of directors, the executive committee, and the finance committee of the Southern Illinois University Credit Union. Dr. Cornett has taught at Southern Illinois University at Carbondale, the University of Colorado, Boston College, and Southern Methodist University. She is a member of the Financial Management Association, the American Finance Association, and the Western Finance Association.
Patricia A. McGraw is Associate Professor, Finance, at the Ted Rogers School of Management, Ryerson University. Dr. McGraw holds a B.Sc. degree in Geology and Chemistry from McGill University, an M.Sc. in Geology from Dalhousie University, an M.B.A. in Finance and Accounting from the University of Toronto, and a Ph.D. in Interdisciplinary Studies from Dalhousie University. She has taught undergraduate and graduate finance courses at Dalhousie University and Ryerson University in Canada; at Lincoln University in Christchurch, New Zealand; and at Universiti Tenaga Nasional in Kuala Lumpur, Malaysia. Dr. McGraw has worked as an exploration geologist and as a corporate banker specializing in lending to resource companies. She has also consulted to the offshore natural gas industry. Her research and publications focus on lender environmental liability, capital market evolution, and capital structure and cost of capital in emerging markets.
"About this title" may belong to another edition of this title.
Search results for Financial Institutions Management: A Risk Management...
Stock Image
Financial Institutions Management: A Risk Management Approach
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Seller rating 5 out of 5 stars
Condition: Very Good. Item in very good condition! Textbooks may not include supplemental items i.e. CDs, access codes etc. Seller Inventory # 00072253946