This book argues that the appropriate application of the principles and practices of corporate governance to organisational portfolio, program, and projects (‘3P’) governance brings about highly engaged, knowledgeable, and effective governance practices, which in turn substantially improves...

In this paper we focus on the analysis of the effect of prediction and estimation risk on the loss distribution, risk measures and economic capital. When variables for the determination of probability of default and loss distribution have to be predicted because they are not available at the...

Veränderungen der Wirtschaftsstrukturen, z. B. eine deutliche Zunahme der Unternehmensinsolvenzen, und neue Rahmenbedingungen an den internationalen Finanzmärkten verstärken im Kreditgeschäft der Finanzinstitute den Druck, verfeinerte Risikomessmethoden zu entwickeln und Kreditrisiken aktiv...