Financial Risk Management and Modeling

ISBN-13: 9783030666934 / Angielski / Miękka / 2022

Opis

Risk is the main source of uncertainty for investors, debtholders, corporate managers and other stakeholders. For all these actors, it is vital to focus on identifying and managing risk before making decisions. The success of their businesses depends on the relevance of their decisions and consequently, on their ability to manage and deal with the different types of risk. Accordingly, the main objective of this book is to promote scientific research in the different areas of risk management, aiming at being transversal and dealing with different aspects of risk management related to corporate finance as well as market finance. Thus, this book should provide useful insights for academics as well as professionals to better understand and assess the different types of risk.

Spis treści

Preface and acknowledgement:

Risk quantification and modeling

Risk management and financial returns

Risk modeling

Interest rate risk

Exchange rate risk

Risk in commodities

Credit risk

Country risk

Firm risk

Corporate manager’s risk taking behavior

Operational risk

Liquidity risk

Conclusion

O autorze

Ramzi Benkraiem is Professor and the Head of research partnerships with academic institutions and a Full Professor at Audencia Business School in France. He Holds a PhD from Toulouse Graduate School of Management and an HDR (State Habilitation for supervising Doctoral Research) from Western Brittany University. His research interests lie mainly within the Economics, Accounting and Finance areas. He published several papers in both French and international peer-reviewed journals.

Iordanis Kalaitzoglou is a Full Professor in finance at Audencia Business School in France. He holds a PhD from Heriot Watt University and an HDR from University of Nantes, as well as various performance practice degrees at a BA level in clarinet, saxophone and recorder flute. His main research interests lie in the area of time modelling and rhythm, as well in its various applications in the fields of market microstructure, the energy markets, as well as in corporate finance, with emphasis in corporate social responsibility. He has given various interviews in international media, such as the BBC, Les Echos, The Guardian, The Kormssant, while he has published his work in various international peer-reviewed journals. In addition, he is the founder and CEO of “Venus Roll” an energy consultancy firm, a founding member of the European Capital Markets Cooperative Research Centre and the founder of the special interest group ReMA (Regulation, Market Structure and Asset Pricing).

Constantin Zopounidis is Professor of Financial Engineering and Operations Research, at Technical University of Crete (Greece), Distinguished Research Professor in Audencia Business School (France), and Senior Academician of both the Royal Academy of Doctors and the Royal Academy of Economics and Financial Sciences of Spain.  He is Editor-in-Chief in The International Journal of Multicriteria Decision Making (Inderscience), The Operational Research: An International Journal (Springer),  The International Journal of Financial Engineering and Risk Management (Inderscience) and Associate Editor  in International Journal of Banking, Accounting and Finance (Inderscience), International Journal of Data Analysis Techniques and Strategies (Inderscience), and Member of the Editorial Board in  the European Journal of Operational Research (Elsevier).

In 2013 he received the Edgeworth-Pareto prestigious Award from the International Society of Multicriteria Decision Making. He has edited and authored 100 books in international publishers and more than 500 research papers in scientific journals, edited volumes, conference proceedings and encyclopedias in the areas of finance, accounting, operations research, and management science.