Risk management issues in the banking sector do not only have greater impact on bank performance but also on national economic growth and general business development. The bank’s motivation for risk management comes from those risks which can lead to underperformance. This study focuses on the association of risk management practices and bank financial performance in Nigeria. Secondary data s…
Fascinating lighting offers an infinite spectrum of possibilities: Innovative technologies and new markets provide both opportunities and challenges. An environment in which your expertise is in high demand. Enjoy the supportive working atmosphere within our global group and benefit from international career paths. Implement sustainable ideas in close cooperation with other specialists and cont…
Forensic accounting–expert witnessing is not a new discipline, but few accounting textbooks exist to present a broad view of the profession of forensic accounting–expert witnessing. Books do exist on special subparts of it, including the determination of damages, business valuations, general discussions of fraud investigations, or other limited areas of forensic accounting. Books devot…
Risk Management introduces, illustrates, and analyzes the many aspects of modern risk management in both financial institutions and nonbank corporations. It consolidates the entire field of risk management from policies to methodologies as well as data and technological infrastructure. It also covers investment, hedging, and management strategies. The shift to flexible exchange rates in the…
Over the past decade the Basel Committee on Banking Supervision (the Basel Committee) has released a number of consultative documents discussing the management and supervision of the interest rate risk inherent in a bank’s balance sheet1. The Committee’s most recent release on this topic forms part of the proposed New Basel Capital Accord (the New Accord), which comes into effect in 200…
Building a high-performance organization in a volatile world can at times seem fairly elusive for those who are leading large institutions. From the growth of technology and shifting customer expectations to the emergence of new markets and global competition, it is clear that what it takes to be successful today is different from what it took just a decade ago—and certainly different fr…
This study integrated concepts from upper echelons, group process and social cognition theories to investigate how demographic diversity and group processes influence strategic consensus within the top management team (TMT), where strategic consensus is defined as the degree to which individual mental models of strategy overlap. Data from 76 high-technology firms in the United States and Ir…
This article explores how top management teams can increase the robustness of their strategies by attending to important concepts emerging from the stakeholder literature. Analysis of three themes emanating from this literature leads to the development of a method composed of three techniques which elaborates how stakeholder management concepts can be applied in practice. The research, which sp…
This paper builds upon prior work conducted by Joint Forum working groups in the area of risk integration and aggregation 1 and aims to explore the progress that financial conglomerates have made in identifying, m easuring, and managing risk concentrations on a firm-wide basis and across the major risks to which the firm is exposed. In December 1999, the Joint Forum published its …
In Chapter 8 we introduce multiple state models, which generalize the life– death contingency structure of previous chapters. Using multiple state models allows a single framework for a wide range of insurance, including benefits which depend on health status, on cause of death benefits, or on two or more lives. In Chapter 9 we apply the theory developed in the earlier chapters to proble…
This book provides an introduction to VaR and ETL estimation, and is a more basic, student-oriented version of Measuring Market Risk, also published by John Wiley. The present book differs from Measuring Market Risk in cutting out some of the more difficult material—quasi-Monte Carlo methods, lattice methods, analytical and algorithmic approaches to options VaR, non-parametric density est…
OR has been managed already before it has been „ labelled ― so. However ORM has never been an integrated process , rather a set of fragmented activities to deal with a wide variety of risks
This book discusses the contributions that mathematics makes to the success of science. This topic falls between the philosophy of mathematics and the philosophy of science as they are currently practiced, and this may account for its relative neglect in contemporary philosophy. Despite this situation, I believe that the presence of mathematics in much of science has significant philosophical i…
Be certain you have a well-defined call center business model with reasonable target metrics. You may need to work with outside talent for this. Be prepared to share this with your outsourcer so that they have an opportunity to help the partnership succeed. A good outsourcing partner will need to understand your core business model in order to fully contribute as a partner.
This article presents some practical insights and challenges encountered during the implementation of major IT projects in the government sector in Arab countries. The primary purpose of this article is to point out the identified pitfalls to the existing body of knowledge from a practitioner’s standpoint, as many of the articles published in this regard are published by vendors, consultants,…
There are strong motivating factors for increased awareness and action with regard to Enterprise Risk Management (ERM). Effective ERM policies and practices are lauded to increase stakeholder confidence, competitive advantage and ultimately an organization’s long-term viability. However previous studies suggest that the concept is poorly understood in practice and organizations are failin…
For many years the call for a book on the mother and her child has come to us from patients, from the public, and now from our publishers—and this volume represents our efforts to supply this demand. The larger part of the work was originally written by Dr. Lena K. Sadler, with certain chapters by Dr. William S. Sadler, but in the revision and re-arrangement of the manuscript so much work wa…
The main objective of this paper is to review the evolution of management theory, overview of strategic management theory and its linkage with the resource-based view (RBV) of the firm’s competitive advantage. A review of the relevant literature was conducted and a connection between management theory, strategic management theory and competitive advantage from the RBV of the firm was iden…