Naslov
Corporate Risk Management – Measuring and Managing Market Risk

Autori
Ivanović, Slobodan ; Mujačević, Elvis ; Ivanović, Vanja

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
4th International Scientific Conference Management in the Function of Increasing the Tourism Consumption / Radišić, Franjo - Opatija : Fakultet za menadžment u turizmu i ugostiteljstvu Sveučilišta u Rijeci, 2004, 79-102

ISBN
953-6198-49-5

Skup
4th International Scientific Conference Management in the Function of Increasing the Tourism Consumption

Mjesto i datum
Opatija, Hrvatska, 15.04.2004

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Corporate Risk Management; Market Risk; Risk Measurement; Corporate Metrics; Earnings-at-Risk; Earnings-per-Share-at-Risk; Cash-Flow-at-Risk.

Sažetak
In this article, we outlined the major factors that have motivated companies to better understand their market risks. By improving the way risk is measured, companies can also improve the way risk is managed, especially by communicating an “official” understanding the risk throughout the organisation and implementing strategies that are consistent with their risk preferences and tolerance for earnings volatility. In the corporate environment, uncertainty in future earnings and cash flow is caused not only by uncertainty in company's underlying business (e.g. sales volumes), but also by a number of other risks, including market risk. Market risk can arise from a number of factors, including foreign exchange exposures, interest rate exposures, commodity price- sensitive revenues, or expenses, pension liabilities, and stock option plans. In this article, we provided an overview of the new framework for managing market risk and the key steps in implementing this method to calculate corporate risk measures such as Earnings-per- share-at Risk (EPSaR).

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Izvorni znanstveni rad

POVEZANOST RADA