03725nam a22006255i 4500 978-3-031-53126-2 DE-He213 20251030113304.0 cr nn 008mamaa 241109s2024 sz | s |||| 0|eng d 9783031531262 978-3-031-53126-2 10.1007/978-3-031-53126-2 doi HD61 KJM bicssc GPQD bicssc BUS027020 bisacsh KJM thema GPQD thema Ernst, Dietmar. author. aut http://id.loc.gov/vocabulary/relators/aut 80859 Corporate Risk Management [electronic resource] : A Case Study on Risk Evaluation / by Dietmar Ernst, Joachim Häcker. 1st ed. 2024. Cham : Springer Nature Switzerland : Imprint: Springer, 2024. IX, 209 p. 119 illus., 110 illus. in color. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Springer Texts in Business and Economics, 2192-4341 General structure of the case study -- Course 1: Risk Analysis -- Course unit 1: Graphical representation of risks -- Course unit 2: Variance and standard deviation -- Course unit 3: Models for calculating volatility -- Course 2: Quantitative instruments in risk management -- Course unit 1: Different types of Value at Risk and Lower Partial Moments and Extreme Value Theory -- Course unit 2: Determination of portfolio risks -- Course Unit 3: Hedging of hedgeable risks and modelling of non-hedgeable risks. In times of crisis, risk management is more important than ever. In addition, companies are obliged to identify, quantify and aggregate risks as part of a risk management system. Legal and auditing standards have set the framework for doing so. This book uses a case study to show ‘step by step’ how risks can be analyzed and quantified with the help of Microsoft Excel. The book begins with the graphical representation of risks and the calculation of risk parameters such as the value at risk. It subsequently aggregates different risks into an overall risk using Monte Carlo simulation. Hedging risks is also explained, and how non-hedgeable risks can be integrated into a business plan. The assessment of extreme risks is also addressed, as is the modeling of volatilities. The book is aimed at students of business administration with a focus on finance. Financial risk management. 59046 Capital market. 59069 Business information services. Financial engineering. 58071 Social sciences Mathematics. 69736 Risk Management. 59047 Capital Markets. 70943 IT in Business. Financial Engineering. 58071 Mathematics in Business, Economics and Finance. 69739 Häcker, Joachim. author. aut http://id.loc.gov/vocabulary/relators/aut 87206 SpringerLink (Online service) Springer Nature eBook Printed edition: 9783031531255 Printed edition: 9783031531279 Printed edition: 9783031531286 Springer Texts in Business and Economics, 2192-4341 69742 https://doi.org/10.1007/978-3-031-53126-2 ZDB-2-BUM ZDB-2-SXBM 64810 64810