Enterprise risk management : from incentives to controls /
Lam, James.
Enterprise risk management : from incentives to controls / James Lam. - 2nd ed. - Hoboken : Wiley, 2014. - 1 online resource (818 pages). - Wiley Finance . - Wiley finance series. .
Risk management requirements.
Includes bibliographical references and index.
Cover; Praise; Series; Title Page; Copyright; Dedication; Preface; Acknowledgments; Section One: Risk Management in Context; Chapter 1: Introduction; THE BENEFITS OF RISK MANAGEMENT; INTEGRATION ADDS VALUE; CAUTIONARY TALES; NOTES; Chapter 2: Lessons Learned; LESSON #1: KNOW YOUR BUSINESS; LESSON #2: ESTABLISH CHECKS AND BALANCES; LESSON #3: SET LIMITS AND BOUNDARIES; LESSON #4: KEEP YOUR EYE ON THE CASH; LESSON #5: USE THE RIGHT YARDSTICK; LESSON #6: PAY FOR THE PERFORMANCE YOU WANT; LESSON #7: BALANCE THE YIN AND THE YANG; Chapter 3: Concepts and Processes; RISK CONCEPTS; RISK PROCESSES. RISK AWARENESSRISK MEASUREMENT; RISK CONTROL; RISK IS A BELL CURVE; NOTES; Chapter 4: What Is ERM?; ERM DEFINITIONS; THE BENEFITS OF ERM; THE CHIEF RISK OFFICER; COMPONENTS OF ERM; NOTES; Section Two: The Enterprise Risk Management Framework; Chapter 5: Corporate Governance; CODES OF CONDUCT; BEST PRACTICES; LINKING CORPORATE GOVERNANCE AND ERM; NOTES; Chapter 6: Line Management; THE RELATIONSHIP BETWEEN LINE AND RISK FUNCTIONS; KEY CHALLENGES; BEST PRACTICES; NOTES; Chapter 7: Portfolio Management; THE THEORY OF ACTIVE PORTFOLIO MANAGEMENT; BENEFITS OF ACTIVE PORTFOLIO MANAGEMENT. PRACTICAL APPLICATIONS OF PORTFOLIO MANAGEMENTNOTES; Chapter 8: Risk Transfer; A BRIEF HISTORY OF ART; ADVANTAGES OF ART; PITFALLS OF ART; A LOOK TO THE FUTURE; CASE STUDY: HONEYWELL; CASE STUDY: BARCLAYS; NOTES; Chapter 9: Risk Analytics; RISK CONTROL ANALYTICS; RISK OPTIMIZATION ANALYTICS; MARKET RISK ANALYTICS; CREDIT RISK ANALYTICS; CREDIT PORTFOLIO MODELS; OPERATIONAL RISK ANALYTICS; GRC SYSTEMS; NOTES; Chapter 10: Data and Technology; EARLY SYSTEMS; DATA MANAGEMENT; INTERFACE BUILDING; MIDDLEWARE; DISTRIBUTED ARCHITECTURES; KEY FACTORS FOR A SUCCESSFUL IMPLEMENTATION. Chapter 11: Stakeholder ManagementEMPLOYEES; CUSTOMERS; REGULATORS; RATING AGENCIES; SHAREHOLDER SERVICE PROVIDERS; BUSINESS PARTNERS; NOTES; Section Three: Risk Management Applications; Chapter 12: Credit Risk Management; KEY CREDIT RISK CONCEPTS; THE CREDIT RISK MANAGEMENT PROCESS; BASEL REQUIREMENTS; BEST PRACTICES IN CREDIT RISK MANAGEMENT; CASE STUDY: EXPORT DEVELOPMENT CORPORATION (EDC); NOTES; Chapter 13: Market Risk Management; TYPES OF MARKET RISK; MARKET RISK MEASUREMENT; MARKET RISK MANAGEMENT; BEST PRACTICES IN MARKET RISK MANAGEMENT; CASE STUDY: MARKET RISK MANAGEMENT AT CHASE. NOTESChapter 14: Operational Risk Management; OPERATIONAL RISK-DEFINITION AND SCOPE; THE OPERATIONAL RISK MANAGEMENT PROCESS; BEST PRACTICE IN OPERATIONAL RISK MANAGEMENT; EMERGING IT RISKS; CASE STUDY: HELLER FINANCIAL; Chapter 15: Business Applications; STAGE I: MINIMIZING THE DOWNSIDE; STAGE II: MANAGING UNCERTAINTY; STAGE III: PERFORMANCE OPTIMIZATION; THE FURTHER EVOLUTION OF RISK MANAGEMENT; Chapter 16: Financial Institutions; INDUSTRY TRENDS; RISK MANAGEMENT REQUIREMENTS; SYSTEMIC RISK; A LOOK TO THE FUTURE; CASE STUDY: CIBC; NOTES; Chapter 17: Energy Firms; INDUSTRY TRENDS.
A fully revised second edition focused on the best practices of enterprise risk management Since the first edition of Enterprise Risk Management: From Incentives to Controls was published a decade ago, much has changed in the worlds of business and finance. That's why James Lam has returned with a new edition of this essential guide. Written to reflect today's dynamic market conditions, the Second Edition of Enterprise Risk Management: From Incentives to Controls clearly puts this discipline in perspective. Engaging and informative, it skillfully examines both t.
9781118836477 1118836472
Risk management.
Business.
Management.
Portfolio management.
Risk management.
Risk management.
Gestió del risc.
Gestió de cartera.
Llibres electrònics.
Electronic books.
HD61 / .L36 2014
658.155
Enterprise risk management : from incentives to controls / James Lam. - 2nd ed. - Hoboken : Wiley, 2014. - 1 online resource (818 pages). - Wiley Finance . - Wiley finance series. .
Risk management requirements.
Includes bibliographical references and index.
Cover; Praise; Series; Title Page; Copyright; Dedication; Preface; Acknowledgments; Section One: Risk Management in Context; Chapter 1: Introduction; THE BENEFITS OF RISK MANAGEMENT; INTEGRATION ADDS VALUE; CAUTIONARY TALES; NOTES; Chapter 2: Lessons Learned; LESSON #1: KNOW YOUR BUSINESS; LESSON #2: ESTABLISH CHECKS AND BALANCES; LESSON #3: SET LIMITS AND BOUNDARIES; LESSON #4: KEEP YOUR EYE ON THE CASH; LESSON #5: USE THE RIGHT YARDSTICK; LESSON #6: PAY FOR THE PERFORMANCE YOU WANT; LESSON #7: BALANCE THE YIN AND THE YANG; Chapter 3: Concepts and Processes; RISK CONCEPTS; RISK PROCESSES. RISK AWARENESSRISK MEASUREMENT; RISK CONTROL; RISK IS A BELL CURVE; NOTES; Chapter 4: What Is ERM?; ERM DEFINITIONS; THE BENEFITS OF ERM; THE CHIEF RISK OFFICER; COMPONENTS OF ERM; NOTES; Section Two: The Enterprise Risk Management Framework; Chapter 5: Corporate Governance; CODES OF CONDUCT; BEST PRACTICES; LINKING CORPORATE GOVERNANCE AND ERM; NOTES; Chapter 6: Line Management; THE RELATIONSHIP BETWEEN LINE AND RISK FUNCTIONS; KEY CHALLENGES; BEST PRACTICES; NOTES; Chapter 7: Portfolio Management; THE THEORY OF ACTIVE PORTFOLIO MANAGEMENT; BENEFITS OF ACTIVE PORTFOLIO MANAGEMENT. PRACTICAL APPLICATIONS OF PORTFOLIO MANAGEMENTNOTES; Chapter 8: Risk Transfer; A BRIEF HISTORY OF ART; ADVANTAGES OF ART; PITFALLS OF ART; A LOOK TO THE FUTURE; CASE STUDY: HONEYWELL; CASE STUDY: BARCLAYS; NOTES; Chapter 9: Risk Analytics; RISK CONTROL ANALYTICS; RISK OPTIMIZATION ANALYTICS; MARKET RISK ANALYTICS; CREDIT RISK ANALYTICS; CREDIT PORTFOLIO MODELS; OPERATIONAL RISK ANALYTICS; GRC SYSTEMS; NOTES; Chapter 10: Data and Technology; EARLY SYSTEMS; DATA MANAGEMENT; INTERFACE BUILDING; MIDDLEWARE; DISTRIBUTED ARCHITECTURES; KEY FACTORS FOR A SUCCESSFUL IMPLEMENTATION. Chapter 11: Stakeholder ManagementEMPLOYEES; CUSTOMERS; REGULATORS; RATING AGENCIES; SHAREHOLDER SERVICE PROVIDERS; BUSINESS PARTNERS; NOTES; Section Three: Risk Management Applications; Chapter 12: Credit Risk Management; KEY CREDIT RISK CONCEPTS; THE CREDIT RISK MANAGEMENT PROCESS; BASEL REQUIREMENTS; BEST PRACTICES IN CREDIT RISK MANAGEMENT; CASE STUDY: EXPORT DEVELOPMENT CORPORATION (EDC); NOTES; Chapter 13: Market Risk Management; TYPES OF MARKET RISK; MARKET RISK MEASUREMENT; MARKET RISK MANAGEMENT; BEST PRACTICES IN MARKET RISK MANAGEMENT; CASE STUDY: MARKET RISK MANAGEMENT AT CHASE. NOTESChapter 14: Operational Risk Management; OPERATIONAL RISK-DEFINITION AND SCOPE; THE OPERATIONAL RISK MANAGEMENT PROCESS; BEST PRACTICE IN OPERATIONAL RISK MANAGEMENT; EMERGING IT RISKS; CASE STUDY: HELLER FINANCIAL; Chapter 15: Business Applications; STAGE I: MINIMIZING THE DOWNSIDE; STAGE II: MANAGING UNCERTAINTY; STAGE III: PERFORMANCE OPTIMIZATION; THE FURTHER EVOLUTION OF RISK MANAGEMENT; Chapter 16: Financial Institutions; INDUSTRY TRENDS; RISK MANAGEMENT REQUIREMENTS; SYSTEMIC RISK; A LOOK TO THE FUTURE; CASE STUDY: CIBC; NOTES; Chapter 17: Energy Firms; INDUSTRY TRENDS.
A fully revised second edition focused on the best practices of enterprise risk management Since the first edition of Enterprise Risk Management: From Incentives to Controls was published a decade ago, much has changed in the worlds of business and finance. That's why James Lam has returned with a new edition of this essential guide. Written to reflect today's dynamic market conditions, the Second Edition of Enterprise Risk Management: From Incentives to Controls clearly puts this discipline in perspective. Engaging and informative, it skillfully examines both t.
9781118836477 1118836472
Risk management.
Business.
Management.
Portfolio management.
Risk management.
Risk management.
Gestió del risc.
Gestió de cartera.
Llibres electrònics.
Electronic books.
HD61 / .L36 2014
658.155