Value Added Risk Management in Financial Institutions: Leveraging Basel II & Risk Adjusted Performance Measurement David P. Belmont

The typical financial executives view of the value of risk management in their financial institution is based on the belief that risk management focuses on loss avoidance. This view is based on the history of risk management being control focused. However, risk management has evolved rapidly to address the more strategic issue of optimization of return on risk. This evolution has been accompanied by statistical, mathematical and financial techniques which when actively applied can direct an institution towards risk taking those activities, which produce disproportionately high returns on risk. The book aims to describe these techniques, illustrate their application, and discuss their strategic value in the management of financial institutions. Это и многое другое вы найдете в книге Value Added Risk Management in Financial Institutions: Leveraging Basel II & Risk Adjusted Performance Measurement (David P. Belmont)