Servaes, Henri; Tamayo, Ane; Tufano, Peter - In: Journal of Applied Corporate Finance 21 (2009) 4, pp. 60-78
The financial crisis of 2008 and the resulting recession caught many companies unprepared and, in so doing, provided a stark reminder of the importance of effective risk management. While academic theory has long touted the benefits of risk management, companies have varied greatly in the ways...
