- Subscribe to this page:
- RSS
- Email Alert
enterprise risk management
(455 results)-
White Papers
Insuring Non-Veriable Losses And The Role Of Intermediaries
Oct 2010
The authors analyze optimal risk sharing arrangements when losses are observable by policyholders and insurers but not verifiable. The optimal contract to insure individual losses can be...
Provided by The Wharton Financial Institutions Center
-
White Papers
Scenario Analysis In The Measurement Of Operational Risk Capital: A Change Of Measure Approach
Sep 2010
Operational risk is now increasingly being considered an important financial risk and has been gaining importance similar to market and credit risk. In particular, in the banking regulation for...
Provided by The Wharton Financial Institutions Center
-
White Papers
System-Defined View On Risk Management Function Realisation
Apr 2008
Nowadays risk management becomes an essential part of any organization of general management, which is trying to survive and fulfill its mission. The ability to manage risk in the process of...
Provided by Vilniaus Universiteto Leidykla
-
White Papers
Measuring Systemic Risk
Mar 2010
The authors present a simple model of systemic risk and show how each financial institution's contribution to systemic risk can be measured and priced. An institution's contribution, denoted...
Provided by Federal Reserve Bank of Cleveland
-
White Papers
Hedge Funds, Financial Intermediation, And Systemic Risk
Aug 2007
Hedge funds are significant players in the U.S. capital markets, but differ from other market participants in important ways such as their use of a wide range of complex trading strategies and...
Provided by Federal Reserve Bank of New York
-
White Papers
Optimal Central Counterparty Risk Management
Jun 2009
In order to protect themselves against the potential losses in case of a participant's default and to Contain systemic risk, Central Counterparties (CCPs) need to maintain sufficient financial...
Provided by Swiss National Bank
-
White Papers
The Effects Of Loan Portfolio Concentration On Brazilian Banks' Return And Risk
Oct 2010
This paper tests whether diversification of the credit portfolio at the bank level is associated to better performance and lower risk. The authors employ a new high frequency (monthly) panel data...
Provided by Banco Central do Brasil
-
White Papers
Underpricing, Risk Management, Hot Issue And Crowding Out Effects: Evidence From The Australian Resources Sector Initial Public Offerings Hoa Nguyen
Sep 2007
In this paper, the authors provide a comprehensive investigation of 260 Initial Public Offerings (IPOs) in the Australian resource sector for the 1994 - 2004 periods. Consistent with the existing...
Provided by Monash University
-
White Papers
Weather And Financial Risk-Taking: Is Happiness The Channel?
Feb 2009
Weather variables, in particular sunshine, are found to be strongly correlated with financial variables. The author considers self-reported happiness as a channel through which sunshine affects...
Provided by University of Houston
-
White Papers
Banking And Sovereign Risk In The Euro Area
May 2010
The authors study the determinants of sovereign bond spreads in the euro area since the introduction of the euro. They show that an aggregate risk factor is a main driver of spreads. This factor...
Provided by Deutsche Bundesbank
-
White Papers
Financial Integration, Specialization And Systemic Risk
May 2008
This paper studies the implications of cross-border financial integration for financial stability when banks' loan portfolios adjust endogenously. Banks can be subject to sectoral and aggregate...
Provided by Deutsche Bundesbank
-
White Papers
Diversification And Its Discontents: Idiosyncratic And Entrepreneurial Risk In The Quest For Social Status
Jun 2008
Incorporating preference for social status into a simple model of portfolio choice helps to explain a range of qualitative and quantitative stylized facts about the heterogeneity in asset holdings...
Provided by University of Pennsylvania
-
White Papers
Backtesting Portfolio Value-at-Risk With Estimated Portfolio Weights
Nov 2010
This paper theoretically and empirically analyzes backtesting portfolio VaR with estimation risk in an intrinsically multivariate framework. For the first time in the literature, it takes into...
Provided by Indiana University
-
White Papers
Backtesting Value-at-Risk Models: A Multivariate Approach
Apr 2010
The purpose of this paper is to develop a new and simple backtesting procedure that extends the previous work into the multivariate framework. The authors propose to use the multivariate...
Provided by Indiana University
-
White Papers
Backtesting Parametric Value-at-Risk With Estimation Risk
Sep 2008
One of the implications of the creation of Basel Committee on Banking Supervision was the implementation of Value-at-Risk (VaR) as the standard tool for measuring market risk. Since then, the...
Provided by Indiana University
-
White Papers
Liquidity Risk, Credit Risk And The Overnight Interest Rate Spread: A Stochastic Volatility Modelling Approach
Jul 2010
In this paper the authors model the volatility of the spread between the overnight interest rate and the central bank policy rate (the policy spread) for the euro area and the UK during the two...
Provided by German Institute of Economic Research (DIW Berlin Deutsches Institut für Wirtschaftsforschung e.V.)
-
White Papers
Fortifying The Enterprise: Governance, Risk And Compliance Strategies
Nov 2007
Both the private and public sector executives are under pressure today to increase their understanding of governance, risk and compliance (GRC) issues - and their ability to respond to them. They...
Provided by Economist Intelligence Unit
-
White Papers
An Analysis Of The Determinants Of Risk Attitudes In Ireland And The United Kingdom
May 2010
In this paper the authors avail of new data in studies of financial capability conducted separately in the United Kingdom and Ireland to model the determinants of individuals' attitudes to risk....
Provided by Central Bank of Ireland
-
White Papers
The Determinants Of Performance In Building Infrastructure In Transition Economies
Jun 2008
The authors investigate how contract specificities affect the performance of municipal infrastructure projects in transportation, district heating, water, waste water and solid waste. Using data...
Provided by European Bank for Reconstruction and Development
-
White Papers
Risk Management And Managerial Efficiency In Chinese Banks: A Network DEA
Apr 2010
Risk Management in Chinese banks has traditionally been the Cinderella of its internal functions. Political structure and developmental imperative have often overridden standard practice of risk...
Provided by Cardiff Business School
-
White Papers
Risk Measurement And Management In A Crisis-Prone World
Jul 2008
The current subprime crisis has prompted the authors to look again into the nature of risk at the tail of the distribution. In particular, the authors investigate the risk contribution of an...
Provided by Cardiff Business School
-
White Papers
Asset Allocation With Liquidity-Adjusted Market Risk Modeling: Empirical Relevance To Emerging GCC Financial Markets
Feb 2009
The aim of this paper is to bridge the gap in equity trading risk management literatures and particularly from the perspective of emerging and illiquid markets, such as in the context of the Gulf...
Provided by United Arab Emirates University
-
Case Studies
Contractors' Insurance Pool Lowers Costs And Reduces Claims Losses
Jan 2011
Risk is everywhere in the construction industry, from the individual worker's safety to cost exposures and economic turmoil. In this industry, insurance costs can be a major business expense...
Provided by Computer Sciences Corporation
-
Case Studies
Information Risk Management For A Global Client
Jan 2011
A global CSC client with major data centers in North America, Europe and the Far East uses a wide variety of complex technologies. Traditionally the implementation and enforcement of security...
Provided by Computer Sciences Corporation
-
Case Studies
Pacific Gas & Electric Powers Up Claims, Collections With CSC's Riskmaster
Jan 2011
Pacific Gas & Electric Company (PG&E) is one of the largest combination of natural gas and electric utilities in the United States. It manages a wide range of claims - from power outages to car...
Provided by Computer Sciences Corporation
-
Case Studies
Public Risk Pool Manages Legal And Claims Processing With CSC's Integrated Software
Jan 2011
High profile, school-related claims usually generate plenty of media attention and require special handling throughout the life of the claim. One state-sanctioned public risk pool manages a $100...
Provided by Computer Sciences Corporation
-
Whitepapers
IBM WAS vs Jboss - TCO Analysis
Mar 2011
You have a choice in application servers and this whitepaper will provide the valuable information you need to choose the right application server to deliver your business objectives.
Provided by IBM
-
Whitepapers
Whitepaper - Tivoli Access Manager for Enterprise Single Sign On - An Overview
Mar 2011
This white paper describes Tivoli Access Manager for Enterprise Single Sign-On, including its key features and benefits. With an increasing number of enterprise applications and access...
Provided by IBM
-
Whitepapers
Case Study: Hardware retailer increases mobile messaging security and flexibility while improving integration with IBM Lotus
Mar 2011
This document discusses one company's decision to upgrade to IBM® Lotus® Notes®. Numerous feature improvements, such as increased mobile security for virtual private network (VPN) connections,...
Provided by IBM
-
White Papers
Risk-taking And Asset-side Contagion In An Originate-to-distribute Banking Model
Oct 2010
During the Subprime crisis the entire banking industry risked collapsing under an unprecedented lack of liquidity. This work tries and find what channel allowed a relatively small systemic shock,...
Provided by Centre For North South Economic Research
-
White Papers
Clustering Mutual Funds By Return And Risk Levels
Jul 2008
Mutual funds classifications, often made by rating agencies, are very common and sometimes criticized. In this paper, a three-step statistical procedure for mutual funds classification is...
Provided by Centre For North South Economic Research
-
White Papers
Predictive Ability Of Value-At-Risk Methods: Evidence From The Karachi Stock Exchange-100 Index
Sep 2010
Value-at-Risk (VaR) is a useful risk measure broadly used by financial institutions all over the world. VaR has been extensively used to measure systematic risk exposure in developed markets like...
Provided by Economics and Econometrics Research Institute
-
White Papers
Characterizing Risk Attitudes Of Industrial Managers
Jan 2010
The authors study the risk attitudes of an important segment of the economy: managers. The authors conduct artefactual field experiments with 130 managers from 12 industrial companies. This...
Provided by Georgia State University
-
White Papers
Collateralized Debt Obligations And Credit Risk Transfer
Oct 2009
Financial institutions face five major risks: credit, interest rate, price, currency, and liquidity. The development of the derivatives markets prior to 1990 provided financial institutions with...
Provided by Yale University
-
White Papers
Crises And Hedge Fund Risk
Sep 2009
The authors study the effects of financial crises on hedge fund risk and show that liquidity, credit, equity market, and volatility are common risk factors during crises for various hedge fund...
Provided by Brandeis University
-
White Papers
Revealed Preferences For Risk And Ambiguity
Nov 2010
The authors replicate the essentials of the Huettel et al. (2006) experiment on choice under uncertainty with 30 Yale undergraduates, where subjects make 200 pair wise choices between risky and...
Provided by Yale University
-
White Papers
~Does Community And Environmental Responsibility Affect Firm Risk? Evidence From UK Panel Data 1994-2006~
Aug 2009
The purpose of this paper is to examine the relationship between corporate environmental performance and firm risk in the British context. Using the largest dataset so far assembled, with...
Provided by University of York
-
Whitepapers
Data Quality Strategy: A Step-by-Step Approach
Mar 2011
Learn about the importance of having a data quality strategy and setting the overall goals. The six factors of data are also explained in detail and how to tie it together for implementation.
Provided by SAP
-
Whitepapers
Overall Approach to Data Quality ROI
Mar 2011
Learn the importance of Data Quality and the six key steps that you can take and put into process to help you realize tangible ROI on your data quality initiative.
Provided by SAP
-
Whitepapers
Data Quality Trends and Adoption
Mar 2011
Forrester Research has witnessed a significant increase in organizations' adoption and interest in embedding data quality best practices, methodologies, and technologies into enterprise data...
Provided by SAP
-
White Papers
Five Stages Of A Turnaround
Dec 2009
Rising competition, cyclical financial markets and economic volatility have created a climate where no business can take economic stability for granted. As once-stable companies struggle to...
Provided by Bank of America
-
White Papers
Managing Risk For High Performance In Extraordinary Times
Jun 2009
In the wake of the global economic meltdown, chances are there isn't a boardroom or executive management office anywhere today where the topic of improving the organization's risk management...
Provided by Accenture
-
White Papers
Managing Risk For High Performance In Extraordinary Times: Global Risk Management Study
Jun 2008
In the wake of the global economic meltdown, chances are there isn't a boardroom or executive management office anywhere today where the topic of improving the organization's risk management...
Provided by Accenture
-
White Papers
2010 TMT Global Security Study: Key Findings - Bounce Back
May 2010
At the time of the 2009 Global Security Study, the economy was in the deepest depths of a global recession and organizations were reviewing and cutting costs everywhere they could-including...
Provided by Deloitte LLP
-
White Papers
What's The Password? Taking Control Of Identity Access Management
Apr 2010
Control of information has never been more critical to an organization, its employees, vendors, and business partners. Yet never has it been more difficult. Unauthorized system access leading to...
Provided by Deloitte LLP
-
White Papers
Risk Intelligent Governance: A Practical Guide For Boards
Sep 2009
This paper aims to give board members a practical, action-oriented guide to enabling and executing Risk Intelligent governance. At the heart of the paper are six sections describing "Areas of...
Provided by Deloitte LLP
-
White Papers
Creating A Risk Intelligent Infrastructure Getting Risk Intelligence Done
May 2010
This paper, based on a Deloitte Dbriefs presentation titled "Creating a Risk Intelligent Infrastructure," gives our most current thinking on building effective risk management practices into the...
Provided by Deloitte LLP
-
White Papers
Finding Customer Loyalty in a Multichannel World
Mar 2010
In this 1to1 Media and Oracle podcast, Don Peppers, Founding Partner of Peppers & Rogers Group, and Melissa Boxer, Vice President of CRM Applications at Oracle, engage in a dialogue to find out...
Provided by Oracle
-
White Papers
Health Care Reform
Apr 2010
National health reform is here. The Patient Protection and Affordable Care Act and the House-passed reconciliation bill will trigger sweeping changes and disruptions — some rather quickly and some...
Provided by Deloitte LLP
-
White Papers
Disclosure Rules & Climate Change: Perspective on SEC Guidance
Apr 2010
Companies should take the Security and Exchange Commission's (SEC) guidance as an opportunity to review the adequacy of their controls in terms of identifying, measuring, reporting and disclosing...
Provided by Deloitte LLP
-
White Papers
Onshore Jobs, Offshore Compliance: Tax Provisions in the HIRE Act
Apr 2010
The Hiring Incentives to Restore Employment (HIRE) Act imposes new information reporting requirements, withholding requirements and penalties to curb abuses of offshore financial accounts. Explore...
Provided by Deloitte LLP
-
White Papers
The Shift Index
Apr 2010
The sustained erosion in corporate performance suggests that the current way of doing business is fundamentally broken. The Shift Index leverages more than a dozen data sources, four surveys, five...
Provided by Deloitte LLP
-
White Papers
Cloud Computing: Impacting IT and the Bottom Line
Apr 2010
The hype curve for cloud computing is at an all-time high, for pretty good reasons. The convergence of Internet technologies, virtualization and large scale data centers has created a powerful new...
Provided by Deloitte LLP
-
White Papers
Redefining Functional Service Delivery to Achieve Organizational Efficiency
Apr 2010
An effective service delivery model (SDM) distinguishes between various types and ways of performing work - and helps reshape them to improve their impact on company performance. Which are most...
Provided by Deloitte LLP
-
White Papers
Investing in Emerging Markets
Apr 2010
Companies considering opportunities in emerging markets need to be aware of some unique risks. Not only do they need to understand who they are doing business with, but also the U.S. laws and...
Provided by Deloitte LLP
-
White Papers
Retail Global Expansion
Apr 2010
Despite a struggling economy and cautious consumers in the U.S. and abroad, global expansion opportunities do exist for those willing to move now. While there is no "one-size-fits-all" path to...
Provided by Deloitte LLP
-
White Papers
Deloitte's State of the Media Democracy Survey
Apr 2010
Do you know the top 10 media consumption habits that will affect companies in 2010? A "reality check" on how consumers are interacting with technology and purchasing products can help you identify...
Provided by Deloitte LLP
-
White Papers
Cloud Services
Apr 2010
As with any big idea that rocks the technology world, there's a lot of confusion about cloud services and what they mean in business. We all see the potential for cheaper and faster, but that's...
Provided by Deloitte LLP
-
White Papers
Contract Risk & Compliance For All (Economic) Seasons
Apr 2010
Many companies have become increasingly dependent on external business relationships for their business success and survival. Executives recognize that a contract cannot guarantee the success of a...
Provided by Deloitte LLP
-
White Papers
A Risk Intelligent Approach to Data and Intellectual Property
Apr 2010
Lock it up or set it free? Most companies carefully guard their intellectual property with expensive layers of protection and through costly and time-consuming demand notices, injunctions and...
Provided by Deloitte LLP
-
White Papers
Brave New World of Risk Confronts Financial Firms
Apr 2010
Risk managers in virtually every industry are getting more engaged with their boards and senior management, but nowhere is the focus on building this relationship more crucial than in financial...
Provided by Deloitte LLP
-
Webcasts
Zions Bancorporation Customer Case Study
Oct 2009
Leading bank shares best practices, results of IT compliance implementation. Attend the webinar Zions Bancorporation is a leader in SBA lending, public finance advisory services, and...
Provided by BMC Software
-
White Papers
Three Best Practices for Data Center Compliance
Dec 2009
How can IT remain highly responsive to the business while continuing to comply with policies and regulations? Read this paper to learn about three best practices for integrating change and...
Provided by BMC Software
-
White Papers
Supporting Real-World Activities in Database Management Systems
Oct 2009
The cycle of processing the data in many application domains is complex and may involve real-world activities that are external to the database, e.g., wet-lab experiments, instrument readings, and...
Provided by Purdue University (Krannert)
-
Case Studies
Case Study: Healthcare I.T. Information Lifecycle Management
Feb 2010
For the past decade, Valley Baptist Health System has relied on tapes and offsite storage for data backup and retention. However, this approach failed to keep pace with the explosive growth in...
Provided by CDW
-
White Papers
Tripwire Log Center: Next Generation Log and Event Management
Feb 2010
Tripwire Log Center, a complete log and event management solution, offers sophisticated security event analysis and ultra-efficient log management. With Tripwire Log Center, you can query and...
Provided by Tripwire
-
White Papers
Lock It Up Or Set It Free?: A Risk Intelligent Approach To Data And Intellectual Property
Jan 2010
As companies gain visibility into the actual risks and value associated with their information assets, a schism can develop between security-minded professionals who want restriction and...
Provided by Deloitte LLP
-
White Papers
2010 Perspective On Business Risk
Jan 2010
The global economy has just gone through one of the worst downturns in business history. Both causes of the economic turmoil and solutions for surviving it share a common theme: the need for more...
Provided by Deloitte LLP
-
Whitepapers
Hands-Free Compliance - The Key to Doing More With Less
Feb 2010
With more compliance loopholes coupled with a shrinking number of resources, organizations need a technological foundation that automates compliance processes.
Provided by Novell
-
White Papers
Data Disclosure - Threats and Control
Feb 2010
In most enterprises today, personal data such as last name, social security number, date of birth and so on seems to proliferate across multitude of databases. It is the responsibility of the...
Provided by Cognizant Technology Solutions
-
White Papers
Developing An Integrated View Of Stakeholder Information In Latin America
Jan 2010
Like the rest of the world, Latin American countries have felt the effects of the global economic downturn in the last two years. The concentration of exporters in Latin America makes the region...
Provided by Oracle
-
White Papers
Executive Paper: Oracle Crystal Ball
Jan 2010
Increase revenue. Decrease costs. Reduce development time. Every day you strive to meet these goals. And each business decision you make either enables you to advance toward them - or impedes your...
Provided by Oracle
-
Webcasts
Data Classification and Working with Data Stakeholders
Feb 2010
Understanding business processes for the many departments within large organizations poses one of the largest challenges that information security professionals face when implementing a DLP...
Provided by Trend Micro
-
White Papers
Information Security and Multi-Compliance: Avoiding Audit Fatigue with a Single IT Compliance Strategy
Jan 2010
This Prescriptive Guide provides nine steps that information security managers can use to break the compliance blame cycle and build an information security program that more effectively mitigates...
Provided by Tripwire
-
Whitepapers
The Smarter Supply Chain of the Future: Global Chief Officer Supply Chain Study
Feb 2009
Supply chains are more global and interconnected than ever. That, combined with speed, also makes them more exposed to shock and disruption. In the IBM® white paper, "The Smarter Supply Chain of...
Provided by IBM
-
White Papers
Bypassing Security Toolbars and Phishing Filters Via DNS Poisoning
Aug 2008
Security toolbars are used to protect naive users against phishing attacks by displaying warnings on suspicious sites. Recently, web browsers have added built-in phishing filters mimicking the...
Provided by Southern Methodist University
-
White Papers
FLIPS: Hybrid Adaptive Intrusion Prevention
Jan 2009
Intrusion detection systems are fundamentally passive and fail-open. Because their primary task is classification, they do nothing to prevent an attack from succeeding. An Intrusion Prevention...
Provided by Columbia University
-
Whitepapers
Bloor Research: Sybase IQ 15.1: InDetail Report
Nov 2009
This paper looks at Sybase IQ 15 and concludes that "The column-based approach advocated by Sybase provides substantially better performance at lower cost than traditional approaches for...
Provided by Sybase
-
White Papers
Comparing Antivirus Scanning Performance and System Resource Utilization
Jan 2010
IT system administrators need to balance the security requirements of the enterprise with usability of PCs. As the threat landscape evolves, PC security solutions have become resource hungry to...
Provided by GFI Software, formerly Sunbelt Software
-
Webcasts
Keys to Aligning Security and Compliance - How to Connect the Dots
Dec 2009
The pressure is on as organizations today face mounting demands to maintain an enterprise-wide security posture while adhering to the growing number of compliance regulations. Without the right...
Provided by Lumension
-
Whitepapers
Case Study: Hardware retailer increases mobile messaging security and flexibility while improving integration with IBM Lotus
Mar 2011
This document discusses one company's decision to upgrade to IBM® Lotus® Notes®. Numerous feature improvements, such as increased mobile security for virtual private network (VPN) connections,...
Provided by IBM
-
White Papers
Risk-taking And Asset-side Contagion In An Originate-to-distribute Banking Model
Oct 2010
During the Subprime crisis the entire banking industry risked collapsing under an unprecedented lack of liquidity. This work tries and find what channel allowed a relatively small systemic shock,...
Provided by Centre For North South Economic Research
-
White Papers
Clustering Mutual Funds By Return And Risk Levels
Jul 2008
Mutual funds classifications, often made by rating agencies, are very common and sometimes criticized. In this paper, a three-step statistical procedure for mutual funds classification is...
Provided by Centre For North South Economic Research
-
White Papers
Predictive Ability Of Value-At-Risk Methods: Evidence From The Karachi Stock Exchange-100 Index
Sep 2010
Value-at-Risk (VaR) is a useful risk measure broadly used by financial institutions all over the world. VaR has been extensively used to measure systematic risk exposure in developed markets like...
Provided by Economics and Econometrics Research Institute
-
White Papers
Characterizing Risk Attitudes Of Industrial Managers
Jan 2010
The authors study the risk attitudes of an important segment of the economy: managers. The authors conduct artefactual field experiments with 130 managers from 12 industrial companies. This...
Provided by Georgia State University
-
White Papers
Collateralized Debt Obligations And Credit Risk Transfer
Oct 2009
Financial institutions face five major risks: credit, interest rate, price, currency, and liquidity. The development of the derivatives markets prior to 1990 provided financial institutions with...
Provided by Yale University
-
White Papers
Crises And Hedge Fund Risk
Sep 2009
The authors study the effects of financial crises on hedge fund risk and show that liquidity, credit, equity market, and volatility are common risk factors during crises for various hedge fund...
Provided by Brandeis University
-
White Papers
Revealed Preferences For Risk And Ambiguity
Nov 2010
The authors replicate the essentials of the Huettel et al. (2006) experiment on choice under uncertainty with 30 Yale undergraduates, where subjects make 200 pair wise choices between risky and...
Provided by Yale University
-
White Papers
~Does Community And Environmental Responsibility Affect Firm Risk? Evidence From UK Panel Data 1994-2006~
Aug 2009
The purpose of this paper is to examine the relationship between corporate environmental performance and firm risk in the British context. Using the largest dataset so far assembled, with...
Provided by University of York
-
Whitepapers
Data Quality Strategy: A Step-by-Step Approach
Mar 2011
Learn about the importance of having a data quality strategy and setting the overall goals. The six factors of data are also explained in detail and how to tie it together for implementation.
Provided by SAP
-
Whitepapers
Overall Approach to Data Quality ROI
Mar 2011
Learn the importance of Data Quality and the six key steps that you can take and put into process to help you realize tangible ROI on your data quality initiative.
Provided by SAP
-
Whitepapers
Data Quality Trends and Adoption
Mar 2011
Forrester Research has witnessed a significant increase in organizations' adoption and interest in embedding data quality best practices, methodologies, and technologies into enterprise data...
Provided by SAP
-
White Papers
Risk, Return And Cash Flow Characteristics Of Infrastructure Fund Investments
Jan 2011
The authors show that infrastructure deals have a performance that is higher than that of no infrastructure deals, despite lower default frequencies. However, they do not find that infrastructure...
Provided by EIB
-
White Papers
Uncovering The Common Risk Free Rate In The European Monetary Union
Sep 2010
The authors introduce Longitudinal Factor Analysis (LFA) to extract the Common Risk Free (CRF) rate from a sample of sovereign bonds of countries in a monetary union. Since LFA exploits the...
Provided by EIB
-
White Papers
Quantitative Risk Estimation In The Credit Default Swap Market Using Extreme Value Theory
Apr 2010
This paper is motivated by empirical evidence illustrating the non-Gaussian nature of financial returns, (Jondeau et al 2007) and analyses Extreme Value Theory, (EVT) as a proposed improvement...
Provided by National University Of Ireland
-
White Papers
Credence Goods, Experts And Risk Aversion
Sep 2010
The existing paper in expert-customer relationship concludes that when: consumers are homogenous, consumers are committed with an expert once this one makes a recommendation, and the type of...
Provided by INRA
-
White Papers
Risk Attitudes As An Independent Predictor Of Debt
Sep 2010
This paper examines how attitudes to risk relate to other psychological constructs of personality and consideration of future consequences (a proxy for time preferences) and how risk attitudes...
Provided by University College Dublin
-
White Papers
West African Monetary Integration And Interstates Risk-Sharing
Jan 2011
There are continuing efforts at the monetary integration and unionization in West Africa. Several academics argue that a monetary union among West African states would be costly because of the...
Provided by University of Nottingham
-
White Papers
Risk Perceptions And Risk Management Strategies In French Oyster Farming
Dec 2010
The paper analyses risk perception in shellfish farming as well as farmers' willingness to rely on coverage mechanisms. Factor and econometric analyses (logit and ordered multinomial logit models)...
Provided by Université de Nantes
-
White Papers
Capital Requirements For Operational Risk: An Incentive Approach
Jul 2010
This paper proposes a simple continuous time model to analyze capital charges for operational risk. The authors find that undercapitalized banks have fewer incentives to reduce their operational...
Provided by University of Nottingham
-
White Papers
Moral Hazard And Risk-Sharing: Risk-Taking As An Incentive Tool
Aug 2010
The authors examine how moral hazard impacts risk-sharing when risk-taking can be part of the mechanism design. In a two-agent model with binary e ort, they show that moral hazard always increases...
Provided by University of Nottingham
-
White Papers
Optimal Risk Financing In Large Corporations Through Insurance Captives
Feb 2011
A captive is insurance or Reinsurance Company established by a parent group to finance its own risks. Captives mix internal risk pooling between the business units of the parent group and risk...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Fast Remote But Not Extreme Quantiles With Multiple Factors. Applications To Solvency II And Enterprise Risk Management
Sep 2010
For operational purposes, in Enterprise Risk Management or in insurance for example, it may be important to estimate remote (but not extreme) quantiles of some function f of some random vector....
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Mechanism For Solving Bargaining Problems Between Risk Averse Parties
Sep 2008
The authors propose a mechanism for resolving bargaining problems. The mechanism allows two players to make a sequence of simultaneous propositions. At any step, as long as the players have not...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Risk Taking Under Heterogenous Risk Sharing
Mar 2009
The authors revisit the common view that risk sharing enhances risk taking in the context of heterogeneous risk sharing in a small economy. Under low volumes of transfers, they express individual...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Energy Risk Management With Carbon Assets
Aug 2009
This paper proposes a mean-variance optimization and portfolio frontier analysis of energy risk management with carbon assets, introduced in January 2005 as part of the EU Emissions Trading...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Rational Behaviour, Risk Aversion High Stakes For Society
Dec 2008
In this paper, the term "Lack of safety" is often used with reference to the management of risks arising from intentionally malicious acts3. The costs of security in this sense of the term are an...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Long-Term Risk Management For Utility Companies: The Next Challenges
Sep 2009
Since the energy markets liberalisation at the beginning of the 1990s in Europe, electricity monopolies have gone through a profound evolution process. From an industrial organisation point of...
Provided by Centre pour la Communication Scientifique Directe
-
Whitepapers
Strategy Guide to Business Risk Mitigation for Healthcare
Feb 2011
When you think of IT disaster recovery for a hospital, you might envision a plan for protecting critical patient data if the facility is struck by a flood or a fire. What does not immediately come...
Provided by Hewlett-Packard (HP)
-
Whitepapers
Strategy Guide to Business Risk Mitigation
Feb 2011
Disaster recovery is an important consideration for all companies. For midsize organizations, it is critical, however, because even brief interruptions can have a significant impact on...
Provided by Hewlett-Packard (HP)
-
White Papers
Exchange Rate Exposure Of Hungarian Enterprises - Results Of A Survey
Jul 2009
In this paper, the author examines the exchange rate exposure of Hungarian enterprises from a financial stability perspective. In connection with the recent growth in FX loans to enterprises, the...
Provided by Magyar Nemzeti Bank
-
White Papers
Riskiness, Risk Aversion, And Risk Sharing: Cooperation In A Dynamic Insurance Game
Oct 2008
This paper examines how cooperation in an insurance game depends on risk preferences and the riskiness of income. It considers a dynamic game where commitment is limited, and characterizes the...
Provided by Hungarian Academy of Sciences
-
White Papers
Assessing Credit Risk Of Companies With Mean-Reverting Leverage Ratios
Feb 2008
Empirical findings and theoretical studies suggest that firms adjust towards time-varying target leverage ratios. This paper studies the performances of the default probabilities generated from...
Provided by Hong Kong Institute for Monetary Research
-
White Papers
Aliquidity Risk Stress-Testing Framework With Interaction Between Market And Credit Risks
Mar 2009
This paper develops a stress-testing framework to assess liquidity risk of banks, where liquidity and default risks can stem from the crystallisation of market risk arising from a prolonged period...
Provided by Hong Kong Monetary Authority
-
Whitepapers
High Performers and Foundational Controls: Building a Strategy for Security and Risk Management
Mar 2011
In this paper, EMA examines the broad domains of controls enterprises must consider in order to build a solid foundation for IT security management: Countering threats, Resolving vulnerabilities...
Provided by IBM
-
White Papers
Preference Towards Control In Risk Taking: Control, No Control, Or Randomize?
Aug 2010
This paper experimentally investigates preference towards different methods of control in risk taking. Participants are asked to choose between different ways for choosing which numbers to bet on...
Provided by Friedrich Schiller University of Jena
-
White Papers
Financial Risk Management: From A Global To An Individual Perspective
Aug 2009
The recent crisis has shown that financial risk management not only lies at the core of the economy, but at the heart of the modern society. Increasingly strong links between international markets...
Provided by Maastricht University
-
White Papers
Risk Management From A Microeconomic Perspective
Aug 2008
Risk management is of crucial importance when the authors consider the enormous financial risk the economy is exposed to. The risks of many economic agents are regulated by various institutions....
Provided by Maastricht University
-
White Papers
Has The Basel II Accord Encouraged Risk Management During The 2008-09 Financial Crisis?
May 2009
The Basel II Accord requires that banks and other Authorized Deposit-taking Institutions (ADIs) communicate their daily risk forecasts to the appropriate monetary authorities at the beginning of...
Provided by Erasmus University Rotterdam
-
White Papers
What Happened To Risk Management During The 2008-09 Financial Crisis?
Jul 2009
When dealing with market risk under the Basel II Accord, variation pays in the form of lower capital requirements and higher profits. Typically, GARCH type models are chosen to forecast...
Provided by Erasmus University Rotterdam
