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New developments in assessing and managing risk are discussed in this volume. Addressing both practitioners in the banking sector and research institutions, the book provides a manifold view on the most-discussed topics in finance. Among the subjects treated are important issues such as: risk...
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Chapter 1: From Risk to Vulnerability -- Chapter 2: The Ant and the Grasshopper – a Business Story -- Chapter 3: Everything is economics -- Chapter 4: Assessing the vulnerability of a business: the state of its health -- Chapter 5: The immune system -- Chapter 6: The immune system and...
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Focusing on shareholder value (SHV) maximising banks vs. stakeholder value (STV) maximising banks, we ask: Why do they … securitise originated loans on financial markets, OTD banks lowered their credit standards. Thus, the OTD model proved … with the prejudice against STV banks, often described before the crisis as outdated and inefficient. …
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