Senior Vice President, New Products Development at the American Stock Exchange Risk management is concerned with the tradeoffs between financial risk and reward that inevitably face a firm's managers, its board of directors, and ultimately its shareholders. Although risk management itself is not new, what is new are the complicated financial instruments being used to manage risk-instruments that are frequently classified under the seemingly simple category of "derivatives." Use of these instruments have largely gone unreported in financial statements, much to the dismay of financial analysts and in contrast to their ideal of transparency. This volume explains firm's use of risk management practices and how those practices can be accounted. Coverage includes a practical and theoretical basis for risk management information on how a firm's use of derivatives affects financial analysts recent reforms in accounting for derivatives.
- ISBN10 0943205514
- ISBN13 9780943205519
- Publish Date 18 April 2001
- Publish Status Out of Stock
- Out of Print 21 May 2007
- Publish Country US
- Imprint Research Foundation of the Association for Investment Management & Research
- Format Paperback
- Pages 100
- Language English