Description

Book Synopsis
This text on risk management is designed to improve on the risk management ability of managers. Risk is present in all business environments and it is the responsibility of all managers to manage risk properly. This is done in order to reduce its impact on company profit. Risk management creates a new study environment. It creates awareness about the various risks which can disrupt the smooth running of most business ventures and other organisations. Risk management when applied efficiently and effectively, helps to maximise shareholders'' wealth. Managers must note that risk is managed most, when investment is carried out in the form of a portfolio. Investment in single assets may only reduce risk, when hedging is implemented by the manager. This text offers diversity in terms of risk management. It provides risk management procedures in a commercial, banking, industrial and agricultural environment.

Risk Management: Theory & Practice

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    A Hardback by Visemih William Muffee

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      Book details

      Publisher Nova Science Publishers Inc
      Published 2 July 2007
      ISBN-13 9781594549069
      978-1594549069
      ISBN-10 1594549060
      Also in:
      Management decision making

      Description

      Book Synopsis
      This text on risk management is designed to improve on the risk management ability of managers. Risk is present in all business environments and it is the responsibility of all managers to manage risk properly. This is done in order to reduce its impact on company profit. Risk management creates a new study environment. It creates awareness about the various risks which can disrupt the smooth running of most business ventures and other organisations. Risk management when applied efficiently and effectively, helps to maximise shareholders'' wealth. Managers must note that risk is managed most, when investment is carried out in the form of a portfolio. Investment in single assets may only reduce risk, when hedging is implemented by the manager. This text offers diversity in terms of risk management. It provides risk management procedures in a commercial, banking, industrial and agricultural environment.

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