A Practical Guide to Risk Management
228 Pages Posted: 29 Mar 2015
Date Written: July 27, 2011
Managing risk is at the core of managing any financial organization. Risk measurement and quantitative tools are critical aids for supporting risk management, but quantitative tools alone are no substitute for judgment, wisdom, and knowledge. Managers within a financial organization must be, before anything else, risk managers in the true sense of managing the risks that the firm faces.
Keywords: risk management, systemic risk, quantitative tools
JEL Classification: G00
Suggested Citation: Suggested Citation