Risk Management : Strategies for Economic Development and Challenges in the Financial System
Book Details
Format
Hardback or Cased Book
ISBN-10
1633214966
ISBN-13
9781633214965
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Sep 1st, 2014
Print length
415 Pages
Weight
846 grams
Dimensions
25.90 x 18.20 x 2.60 cms
Product Classification:
Development economics & emerging economiesBusiness strategy
Ksh 47,150.00
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Effective risk management is considered to be a leading competitive advantage that determines the survival and success of the company in an uncertain global environment. The global financial crisis has focused attention to the proper identification, analysis and management of key corporate risks, as inadequate risk assessment and management have been identified as one of the main causes of a failure or financial difficulties of numerous organizations worldwide. Hence, inadequate risk management has become a problem of broader social interests, resulting in different regulatory actions like Troubled Asset Relief Program, the Federal Reserve guidance, new rules from the Securities and Exchange Commission as well as in recommendations of the OECD and the European Commission on the necessary changes in the existing risk management systems.
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