|
|
 |
|
Viewing report
|
|
|
|
Economic Capital: A Practitioner Guide
Incisive Media, Dec 2004, Pages: 332
'The book should be required reading for anyone who is in a decision-making position at financial institutions... Economic Capital A Practitioner Guide is destined to be the gold standard reference book in this arena. I highly and unreservedly recommend it.'
John Mingo, Managing Director, Mingo & Co., Formerly, Senior Advisor, Board of Governors, Federal Reserve System
This new multi-contributor title will enable you to better analyse and evaluate economic capital in order to implement more effective risk management strategies within your business. Economic Capital is the definitive reference on this increasingly important area of finance.
'The methodologies for developing and implementing economic capital will be further improved over time, making Economic Capital a standard tool for risk and capital management.'
Hubert Mueller, Principal, Towers Perrin
Explains the fundamental elements within economic capital and provides detailed instruction on its strategic implementation
Contains 3 distinct and accessible sections:
- Economic Capital: Concepts and Applications
- Economic Capital for Specific Risks
- Economic Capital Methodologies: Mathematical Treatment
- Contains global insights from the leading experts at the forefront of economic capital research and implementation - providing you with a holistic and comprehensive multi-perspective view of all the key issues involved
- Includes a detailed assessment of the latest Basel Accord and its likely implications on your business with relation to economic capital
- Each chapter is designed to be accessible for practitioners at all levels
- Illustrates how economic capital management can maximise shareholder value
- Provides methodologies that allow you to take the cost of risk into account when planning future strategies, by clarifying which ventures create the most value
- Will enable you to better quantify the risks you face and calculate both the capital needed to cover them, should any unforeseen events occur, and the real returns being made
- Illustrates the role of economic capital in performance evaluation, and highlights where it is possible to earn more money without an initial investment
- Will help you reassess your investment strategies whilst making better operational choices in key business decisions such as pricing and capital allocation
|
|
|
|
