We provide an overview of the role of extreme value theory (EVT) in risk management (RM), as a method for modelling and measuring extreme risks. We concentrate on the peaks-over-threshold (POT) model and emphasize the generality of this approach. Wherever the tail of a loss distribution is of interest, whether for market, credit, operational or insurance risks, the POT method provides a sim…
This guide was developed as the result of collaboration between several information security experts in order to provide CISOs with an understanding of how traditional security architectures are being disrupted by key trends such as Cloud Computing, Web 2.0 and Mobility. The guide provides a wealth of data points, definitions and statistics to address the key challenges that CISOs are facing as…
This eBook explains how to use key financial ratios to help you make informed management decisions about the financial status of other organizations. You will learn: ●How key ratios can be derived from readily available financial statements ●How to tell if a business is solvent by using the current ratio and the quick ratio ●How to tell if a business is profitable and to put any prof…
This book is expected to be useful for engineers and technical managers who want to know the principles and applications of ZigBee in short-range wireless networking. The reader should be able to follow most of the materials in this book as long as he or she has some basic knowledge in electrical engineering and wireless networking.
The ability to read is the main foundational skill for all school-based learning. Without it, the chances for academic and occupational success are limited (Lyon, 1997). In fact, the most pressing issue in guaranteeing students equal access to the curriculum is ensuring their ability to read class materials. When children do not learn to read, their general knowledge and writing abilities suffe…
This book focuses on the front-end aspects of Web design—HTML authoring, graphics production, and media development. It is not a resource for program- ming, scripting, or server functions; however, whenever possible, I have tried to provide enough background information on these topics to give designers a level of familiarity with the terminology and technologies. The content in this book is …
Females consistently score lower than males on standardized tests of mathematics, yet no such differences exist in the classroom. These differences are not trivial, nor are they insignificant. Test scores help determine entrance to college and graduate school and, therefore, by extension, a person’s job and future success. If females receive lower test scores, then they also receive fewer opp…
The History of Psychology is the most recent contribution in a long tradition of the presentation of an account of the important historical developments and landmarks in the field of psychology. In the beginning, when there were only a few psychologists (in 1892 the new American Psychological Association had 31 charter members), there were some who could reasonably be described as possessing t…
Many of the most important decisions made within an organisation relate to risk, because anything that is innovative or competitive or worth doing is likely to be risky. However, risk exists at various levels within an organisation, from top to bottom. As a result the effective organisation needs to be able to communicate about risk between levels in a way that enables it to manage uncerta…
The current paper presents the state-of-the-art of strategic management accounting (SMA) information usage among organisations. Despite SMA claimed importance to organisations operating in today’s competitive environment, little is known about its current achievement. In Malaysia in particular, the subject is almost absent. Thus, motivated by the scant attention given to SMA, the current …