ERM Week 6
Brian34
Unit6LecturewithAudio2.pptx
Unit 6
Dr. Waters
1
Mini-Case Studies
2
Chapter 26: Bim Consultants Inc.
Chapter 27: Nerds Galore
Chapter 28: The Reluctant General Counsel
Chapter 29: Transforming Risk Management at Akawini Copper
Financial Risk Management
3
Managing Financial Risk
Hedging Financial Risk
Attributes of Financial Risk
Interactions of Financial Risk
4
Credit Risk Management
Operational Risk Management
Strategic Risk Management
Reputation and Legal Risk Management
Financial Reporting and Disclosure Risk Management
Lessons Learned about ERM and Financial Hedging
5
Effective Risk Management
Financial Hedging
Leverage Decisions
Board Interaction and Financial Hedging
Risk and Legislation/Regulations
6
Effective Risk Management
Leverage Decisions
Good Risk Management?
7
Measuring Risk Management
What is good risk Management?
Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons
Standards Australia. (2009). Risk management: Principles and guidelines (AS/NZS ISO 31000:2009). Retrieved from http://standards.org.au
Leland, H.E. 1998. Agency costs, risk management, and capital structure. Journal of Finance 53, 1213–1243.
Smith, C.W. Jr., and R.M. Stulz. 1985. The determinants of firms’ hedging policies. Journal of Financial and Quantitative Analysis 20, 391–405.
Reference
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