Risk Management and Value: Valuation and Asset Pricing

ISBN 10: 9812770739 / ISBN 13: 9789812770738

Published by World Scientific Publishing Co Pte Ltd, 2008

About this Item

#Relié : 644 pages #Parution : mars 2008 #Résumé : This book provides a comprehensive discussion of the issues related to risk, volatility, value and risk management. It includes a selection of the best papers presented at the Fourth International Finance Conference 2007, qualified by Professor James Heckman, the 2000 Nobel Prize Laureate in Economics, as a high level one. The first half of the book examines ways to manage risk and compute value-at-risk for exchange risk associated to debt portfolios and portfolios of equity. It also covers the Basel II framework implementation and securitisation. The effects of volatility and risk on the valuation of financial assets are further studied in detail. The second half of the book is dedicated to the banking industry, banking competition on the credit market, banking risk and distress, market valuation, managerial risk taking, and value in the ICT activity. With its inclusion of new concepts and recent literature, academics and risk managers will want to read this book.

Seller Inventory # ABE-1620727547669

Bibliographic Details

• Title: Risk Management and Value: Valuation and Asset Pricing
• Publisher: World Scientific Publishing Co Pte Ltd
• Publication Date: 2008
• Language: English
• ISBN 10: 9812770739
• ISBN 13: 9789812770738
• Binding: Couverture rigide
• Condition: Neuf

About this title

Synopsis

The editors (of U. de Cergy-Pontoise and ESC Amiens, both in France) have selected and present here 25 papers from the International Finance Conference held in March 2007 in Tunisia. The papers come from different fields and cover value, volatility, and risk management in a range of areas. Examples of specific topics include managing derivatives in the presence of a smile effect and incomplete information, the relationship between corruption and economic growth, financial risk management by derivatives caused from weather conditions, evidence from crude oil futures options concerning the behavior of implied volatility surface, procyclical behavior of loan loss provisions and banking strategies, market power and banking competition on the credit market, portfolio diversification and market share analysis for Romanian insurance companies, threshold mean reversion in stock prices, corporate governance and managerial risk taking in the Tunisian context, option market microstructure, and nonlinearity and genetic algorithms in the decision making process. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)