Financial risk management
From CEOpedia | Management online
Financial risk management is the practice of protecting the economic value of a company by using financial instruments to manage financial risk. Primarily operational risk, credit risk and market risk, with more specific variants listed alongside. As for risk management in general, financial risk management involves identifying their sources, measuring them, and planning to address them.[1]
Footnotes
- ↑ Kumar, N., Mahto, D. (2013)
References
- Christoffersen, P. F. (2004). Elements of Financial Risk Management.
Author: Sven Korten
