Financial risk management

Contributor(s):

Hurley, Brian [Editor]

Material type:

TextDescription: vii, 233 p. Includes bibliographical reference and indexISBN:

9781647254551

Other classification:

Summary: Financial risk refers to the possibility of losing money in an investment or in a business venture. This risk can come in a variety of forms including operational risk, credit risk and liquidity risk. Both individuals and organizations can experience these kinds of risks. The practice of assessing and managing potential and current financial risks in order to reduce an organization's exposure to risk is known as financial risk management. It entails recognizing the risk, quantifying it, assessing all viable solutions, formulating a plan and then implementing the steps and financial tools required to mitigate its potential consequences.

Item type:

Textual

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Holdings
Cover image	Item type	Current library	Home library	Collection	Shelving location	Call number	Materials specified	Vol info	URL	Copy number	Status	Notes	Date due	Barcode	Item holds	Item hold queue priority	Course reserves
	Textual	Ratan Tata Library	Ratan Tata Library								Available			RT1528511

Financial risk refers to the possibility of losing money in an investment or in a business venture. This risk can come in a variety of forms including operational risk, credit risk and liquidity risk. Both individuals and organizations can experience these kinds of risks. The practice of assessing and managing potential and current financial risks in order to reduce an organization's exposure to risk is known as financial risk management. It entails recognizing the risk, quantifying it, assessing all viable solutions, formulating a plan and then implementing the steps and financial tools required to mitigate its potential consequences.

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