Customer Reviews

Integrating Corporate Risk Management

5 star:		(2)
4 star:		(0)
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2 star:		(1)
1 star:		(0)

 

 

Many corporate officers deal with risk, from treasurers and risk managers to CFOs. But since each department faces risks of a different type, risk management in many cases is an ad hoc affair. Prakash Shimpi's vision of integrated risk management not only consolidates the risk-management practices of an entire firm, but also blends capital management and risk management into a single, cohesive framework. This framework is the centerpiece of Shimpi's book, which also provides readers with a comprehensive look at current risk-management practices, old and new tools for managing risk, and likely future developments in the field. While the topic at hand is complex and built of often-unfamiliar jargon, Shimpi manages to present the material in an accessible and engaging manner that will satisfy financial experts but won't intimidate novices. We [...] recommend this book not only to the obvious audience of risk managers, treasurers and c-level executives, but also to mid-level managers and students, who will need an increasingly sophisticated understanding of the topic as risk management becomes an ever-larger component of basic corporate strategy.

This book seems to be a marketing effort.
There's nothing really new, and no new concept.
It may be of some interest if you know nothing about Risk Management. If you are not a begginer, it's a waste of money and time.

The intersection of theory and practice. A perfect introduction to the theory of risk management to business managers.