Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Risk, Value And Default, Hardback Book

Hardback

Description

Scholars and practitioners have known for a long time that risk plays an important, indeed central, role in determining the appropriate discount rate to be used in a sophisticated valuation model.

In today's world, however, the very risk of survival, especially for financial institutions, is essential to the health of the world's capital markets and their impact on the global economy.Risk, Value and Default is a vital text for understanding the interaction between enterprise risk management with corporate valuation and corporate default.

The book seeks to explore the interaction between the risk of default and enterprise risk, and their joint impact on firm valuation.

It aims to address the problem of how corporations should deal with risk and how they can maximize shareholder value.

It also examines various conceptual ways to measure risk, thereby bridging the gap between theoretical concepts and pragmatic application.The book combines sound conceptual analytics and empirical tools to provide useful information and tangible guidelines for firms, risk managers and financial analysts and advisors.

Scholars and professionals with an interest in risk management, and managers, owners, creditors and potential investors in enterprises will find Risk, Value and Default a particularly useful guide to understanding the relationship between risk generation, risk management and corporate value and default from an interdisciplinary perspective.

Information

Save 6%

£88.00

£82.15

 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information