Economic Capital
How It Works, and What Every Manager Needs to Know
(Sprache: Englisch)
Managers can deploy and manage economic capital more effectively when they understand how their decisions add value to their organizations. "Economic Capital: How It Works and What Every Manager Needs to Know" presents new ways to define, measure, and...
Leider schon ausverkauft
versandkostenfrei
Buch (Gebunden)
64.21 €
32 DeutschlandCard Punkte
sammeln
- Lastschrift, Kreditkarte, Paypal, Rechnung
- Kostenlose Rücksendung
- Ratenzahlung möglich
Produktdetails
Produktinformationen zu „Economic Capital “
Managers can deploy and manage economic capital more effectively when they understand how their decisions add value to their organizations. "Economic Capital: How It Works and What Every Manager Needs to Know" presents new ways to define, measure, and implement management strategies by using recent examples, many from the sub-prime crisis. The authors also discuss the role of economic capital within the broader context of management responsibilities and activities as well as its relation to other risk management tools that are available to the modern risk manager.
Explains ways to use economic capital in balancing risk and return Evaluates solutions to problems encountered in establishing an economic capital framework Emphasizes intuition Draws special attention to embedding risk modelling approaches within economic capital frameworks
Explains ways to use economic capital in balancing risk and return Evaluates solutions to problems encountered in establishing an economic capital framework Emphasizes intuition Draws special attention to embedding risk modelling approaches within economic capital frameworks
Klappentext zu „Economic Capital “
Managers can deploy and manage economic capital more effectively when they understand how their decisions add value to their organizations. Economic Capital: How It Works and What Every Manager Needs to Know presents new ways to define, measure, and implement management strategies by using recent examples, many from the sub-prime crisis. The authors also discuss the role of economic capital within the broader context of management responsibilities and activities as well as its relation to other risk management tools that are available to the modern risk manager.Explains ways to use economic capital in balancing risk and return Evaluates solutions to problems encountered in establishing an economic capital framework Emphasizes intuition Draws special attention to embedding risk modelling approaches within economic capital frameworks
Inhaltsverzeichnis zu „Economic Capital “
1. Measuring the Unexpected: Understanding Economic Capital2. Show Me the Money: The Purpose of Economic Capital
3. You Manage What You Measure: Defining Economic Capital
4. Running the Numbers: Measuring Economic Capital
5. Facing Reality: Implementing Economic Capital
6. Team play: Economic Capital and its Context
7. What's Next? The Future of Economic Capital
Bibliographische Angaben
- Autoren: Pieter Klaassen , Idzard van Eeghen
- 2009, Maße: 16,2 x 2,7 cm, Gebunden, Englisch
- Verlag: Elsevier Science
- ISBN-10: 0123749018
- ISBN-13: 9780123749017
Sprache:
Englisch
Rezension zu „Economic Capital “
"Finally, a book that goes beyond an academic explanation of economic capital, but one that actually explains how to use it. And the timing couldn't be better. Whether you are planning to upgrade your existing EC program or implementing a new one, Pieter Klaassen and Idzard van Eeghen have provided a wealth of ideas to guide practitioners through the many complex dilemmas that need to be navigated." --Terry Bulger, EVP, Risk Analytics & Portfolio Management, Bank of Montreal Klaassen and van Eeghen provide the first comprehensive treatment of the challenging subject of economic capital attribution and performance measurement. This book will undoubtedly become the ultimate reference for board of directors, senior management and risk professionals who are concerned about the survival of their firm from a solvability, performance and funding liquidity point of view, in the light of the recent events. --Michel Crouhy, Head of Research & Development, NATIXIS "This book is an extremely useful guide. It is written from a practitioner's viewpoint, which makes it especially practical; there is a refreshing absence of mathematical formulae, and academic discussions are quickly summarized, but there are plenty of references and footnotes for those who want to delve into these points deeper. The authors have sensibly avoided producing an orthodox "this is the right way to do it" rulebook, and clearly set out the different design choices that have to be made. I recommend this book to anyone interested in implementing or just studying economic capital." --Chris Matten, Partner, PricewaterhouseCoopers LLP "As the authors state rightly: "risks are not managed by models, but by people". With the increased importance of economic capital models for the management of financial institutions, senior managers need to understand clearly the concepts, assumptions, and limitations of these models. This book contributes greatly to this understanding by the intuitive, non-mathematical
... mehr
way in which it approaches the subject." --Nout Wellink, Chairman of the Basel Committee on Banking Supervision / President of De Nederlandsche Bank "Economic Capital provides a solid foundation for understanding the role and measurement of economic capital within financial institutions. Throughout my career, I have relied on the concepts and methods outlined in this book to support shareholder value creation. While there is growing criticism of internal models due to the turbulent times, Pieter Klaassen and Idzard van Eeghen help to bring a fair and balanced perspective to the debate, putting economic capital models in the proper context." --Thomas Wilson, Chief Risk Officer, Allianz SE, Germany
... weniger
Kommentar zu "Economic Capital"
0 Gebrauchte Artikel zu „Economic Capital“
| Zustand | Preis | Porto | Zahlung | Verkäufer | Rating |
|---|
Schreiben Sie einen Kommentar zu "Economic Capital".
Kommentar verfassen