The most complete, up to date guide to risk management in finance
Risk Management and Financial Institutions explains all aspects of financial risk and financial institution regulation, helping readers better understand the financial markets and potential dangers. This new fourth edition has been updated to reflect the major developments in the industry, including the finalization of Basel III, the fundamental review of the trading book, SEFs, CCPs, and the new rules affecting derivatives markets. There are new chapters on enterprise risk management and scenario analysis. Readers learn the different types of risk, how and where they appear in different types of institutions, and how the regulatory structure of each institution affects risk management practices. Comprehensive ancillary materials include software, practice questions, and all necessary teaching supplements, facilitating more complete understanding and providing an ultimate learning resource.
All financial professionals need a thorough background in risk and the interlacing connections between financial institutions to better understand the market, defend against systemic dangers, and perform their jobs. This book provides a complete picture of the risk management industry and practice, with the most up to date information.
Understand how risk affects different types of financial institutions
Learn the different types of risk and how they are managed
Study the most current regulatory issues that deal with risk
Risk management is paramount with the dangers inherent in the financial system, and a deep understanding is essential for anyone working in the finance industry; today, risk management is part of everyone′s job. For complete information and comprehensive coverage of the latest industry issues and practices, Risk Management and Financial Institutions is an informative, authoritative guide.
This exciting new text provides a complete introduction to Corporate Governance. It deals with the control and direction of companies by boards, owners and company law, and also looks at the mechanisms of governance and thedifferent governance systems around the world.
Part 1: is a non-technical overview of the relevant theories, governance mechanisms and the country models.
Part 2: looks at some of the most important governance mechanisms in detail.
Part 3: studies individual international corporate governance systems.
Part 4: wraps up with a discussion on governance practices.
For undergraduate and graduate courses on Mergers and Acquisitions, or as a supplement for Business or Corporate Finance, Economics, or Strategy
This book brings together conceptual and updated empirical material in a systematic way. It provides students with a basis for understanding mergers and acquisitions and corporate restructuring within the framework of strategic planning issues facing managers in all companies, small and large. The authors’ expertise combine to bring an unmatched dimension of reality to the text as they explain the merger and acquisition process. The book covers all areas of critical importance in understanding mergers and acquisitions In today’s economy as it:
Provides conceptual discussion on why mergers take place
Describes the arbitrage activity associated with mergers and acquisitions
In the global knowledge economy, corporate governance, organisational behaviour and performance of the supply chain are becoming increasingly important aspects of the evaluation of an enterprise. The subject of this book is the development of a contemporary organisation behaviour performance measurement (OBPM) model for enterprises in the modern economy. The fields of organisation behaviour and supply chain management are integrated with an Open Socio-Technical Systems theory of management and the application of Operations Research to corporate governance for the measurement of organisation performance. This book thereby offers a new and innovative quantitative approach to qualitative concepts of corporate performance measurement and makes a significant contribution to the fields of management theory, supply chain management as well as operations research.
Table of Contents
Performance Issues in the Global Knowledge Economy: The Need for an Extended Framework for Enterprises.- Critical Literature Review: The Roles of Organization Behaviour, Corporate Governance and Supply Chain Management in the Measurement of Performance for Commercial Enterprises in a Global Knowledge Economy.- Conceptual Framework and Research Methodology: A New Approach to PM.- DEA: Theory, Methods and Applications.- DEA of Corporate Governance: The Model and Its Application.- Results and Validation of DEA Application to Corporate Social Responsibility.- Implications for OBPM, SCM and Organization Design.- Summary, Conclusion and Future Research.
Recent financial crises and instances of corporate malpractice have prompted many questions about how companies are run – and whether this tallies with how they should be run. This book systematically explores the factors that shape corporate governance, and discusses both those governance practices implemented by companies and those imposed by regulators. It also tries to determine how good corporate governance can help companies to create value for their shareholders.
To illustrate that some practices are global while others are appropriate only in certain settings, case studies of individual companies from Europe, Asia, North and South America are discussed in each chapter.
Corporate Governance: Theory and Practice is firmly grounded in academic literature and packed with empirical evidence from around the world, making it an ideal book for students of business, management, finance, accounting and law taking a one-term course in the subject. It offers considerable lecturer and student support, both in the text itself and on the accompanying website: www.palgrave.com/finance/padgett
Presents a full discussion of corporate governance issues, adopting a holistic approach. Comprehensively updated and incorporates new codes of practice, policy documents and academic research.
Taking an international perspective, Bob Tricker examines different models and theories of corporate governance and applies them in a real world context. The author is highly experienced in this field and his practical discussion throughout allows students to appreciate the reality of governance. In this new edition corporate governance theories, the governance of corporate risk, and corporate social responsibility and sustainability are all now more prominent. In addition, more emphasis is given to the BRIC nations to reflect their growing importance.
An Online Resource Centre accompanies the text and includes:
For lecturers: teaching notes for cases in the book, additional cases studies, group exercises, PowerPoint slides, teaching notes for projects and exercises in the book
For students: an ‘ask the author’ forum, a corporate governance blog, links to corporate
Building on the success of the last three editions, this textbook provides both undergraduate and postgraduate students with an accessible and comprehensive introduction to corporate governance. As a renowned expert in the field, Mallin draws upon theory and practice to address the latest global developments and uses topical examples to help students place key theories in context.
Adopting an international approach, this fourth edition has been thoroughly revised to reflect the changes in codes (e.g. UK CG code and Stewardship code) and a greater emphasis has been given to the perspective of stakeholders as well as increased coverage of the Middle East, and new analysis of topics such as bonuses and the high pay commission.
The book is accompanied by an Online Resource Centre which includes:
For students: Fill in the blank questions, updates, web links, crosswords of key terms and an author’s blog
For lecturers: PowerPoint presentations
Summary: This book analyzes how China’s firms in the consumer electronics (CE) sector have developed their business strategy and corporate governance during the reform process. The CE sector is one of China’s most important and dynamic manufacturing sectors. As one of the earliest market-oriented sectors after 1978, its experience illustrates the adoption of the Western model of management in China. It is the first book to analyze the link between business strategy, corporate governance and performance of firms, explicitly comparing state-, collective-, and privately-owned firms. The book argues that the competitive dynamics of the market are central to the survival of firms in contemporary China. About the authors: Dr. Hailan Yang is a Lecturer in business school of Shandong Jianzhu University, China. Her research focuses on the impact of cultural, social and economic changes on China’s companies. Yang has more than 10-years research experience in China, Britain and Australia. Dr. Stephen Morgan is Research Director of the School of Contemporary Chinese Studies at the University of Nottingham, UK. His research on China spans historical and contemporary economic and business topics. Contents: Introduction to strategy, corporate governance and corporate reform; Business strategy and corporate governance: theoretical and empirical perspectives; The economic background in China; Business strategies in the focal companies; Ownership structure and the characteristics of the board in focal companies; Links between institutions, business strategies and corporate governance; Conclusions