Risk Management and Value Creation in Financial Institutions
Author | : Gerhard Schroeck |
Publisher | : John Wiley & Sons |
Total Pages | : 354 |
Release | : 2002-10-01 |
ISBN-10 | : 9780471429746 |
ISBN-13 | : 0471429740 |
Rating | : 4/5 (46 Downloads) |
Book excerpt: An analysis of the links between risk management and value creation Risk Management and Value Creation in Financial Institutions explores a variety of methods that can be utilized to create economic value at financial institutions. This invaluable resource shows how banks can use risk management to create value for shareholders, addresses the advantages of risk-adjusted return on capital (RAROC) measures, and develops the foundations for a model to identify comparative advantages that emerge as a result of risk-management decisions. It is the only book needed for banking executives interested in the relationship between risk management and value creation.