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Risk management is of vital importance in Islam and Takāful provides a way to manage risks in business according to … both parties by the way of risk sharing and can be used as an alternative to conventional derivatives. The research paper … attempts to provide a framework to enhance risk management culture among Takāful operators. It also discusses the challenges …
Persistent link: https://www.econbiz.de/10011261182
Business and risk have always been considered complementary concepts. Many companies are successful because of their … say without being wrong, that risk represents an essential part in business. …
Persistent link: https://www.econbiz.de/10005836704
Copulas are a general tool to construct multivariate distributions and to investigate dependence structure between random variables. However, the concept of copula is not popular in Finance. In this paper, we show that copulas can be extensively used to solve many financial problems.
Persistent link: https://www.econbiz.de/10011114301
Rule has the potential of expanding the liquidity crisis that devastated the housing market into the capital markets. Risk …
Persistent link: https://www.econbiz.de/10009372520
by the covered banking entities. Risk is transferring to less regulated financial institutions as new hedge funds are … opened. The risk can have a profound impact on the retirement community through underfunded pension funds searching for …
Persistent link: https://www.econbiz.de/10009401323
After the 2008 events that occurred in world financial markets, all organizations have increased interest in risk … management. It is very clear that risk management brings benefits to the organization. By taking a proactive approach to risk and … risk management, organizations will be able to manage to improve performance and results in the areas of the operations …
Persistent link: https://www.econbiz.de/10011260473
The paper presents the approach for the verification of the lemma used for the model for reputation risk for … absolute value of the reputation risk greater than the entity’s materiality the reputation risk management system should be in …
Persistent link: https://www.econbiz.de/10011260535
Abstract One of the impacts of financial liberalisation/deregulation to the risk management and regulation mechanisms … develop risk management rules, define capital level based on economic capital (instead of required capital) and develop … corrective measures to firm wide risk managament problems, before regulators. In this article, the authors analyse whether self …
Persistent link: https://www.econbiz.de/10009372609
The paper presents the model for reputational risk for subsidiaries of non-public group with reciprocal shareholding … within the Basel Accord. A test for lack of reputation risk is presented. Proposal for quantification of the non …-measurable risk has been outline first for the case of the effective public market, than a limited model has been presented for the …
Persistent link: https://www.econbiz.de/10009397185
This book presents a simple, yet very powerful, conceptual framework, which can be used to estimate market sizes, prices and their interdependency for new products based on historical market data for existing products in related areas. Even in situations where insufficient data is available the...
Persistent link: https://www.econbiz.de/10005789447