Encyclopedia of Economics of Financial Markets and Financial Risk Management

Managing financial risk necessitates making organizational decisions about risks that are acceptable versus those that are not. Financial risk arises through countless transactions of a financial nature, including sales and pur- chases, investments and loans, and various other business activities. In order to make the subject simple and interesting every topic included in this book has been self-sufficient and has been explained in the light of modern development in a simple and elegant style.