Scott Family Enterprises : building the path to effective governance /

Risk managers have more tools than ever to help protect their companies from risk. Complex financial instruments, intricate mathematical models, and access to massive amounts of data can help the risk manager structure a multifaceted strategy to decrease volatility and protect the company from a cat...

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Bibliographic Details
Main Authors: Ward, John L. (Author), Zsolnay, Carol (Author), Waikar, Sachin (Author)
Format: eBook
Language:English
Published: London : Kellogg School of Management, 2018.
Series:SAGE Knowledge. Cases.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Risk managers have more tools than ever to help protect their companies from risk. Complex financial instruments, intricate mathematical models, and access to massive amounts of data can help the risk manager structure a multifaceted strategy to decrease volatility and protect the company from a catastrophic event. However, these tools have their own risks that can complicate a risk manager's job. Analyzing corn price volatility helps students understand four best practices for risk managers, regardless of the specific risks they face or the strategies they employ: quantify the company's exposure; understand the nature of the risk; understand how the hedge works in practice; and separate hedging and speculation.
Item Description:Originally Published InWard, J. L., Zsolnay, C., & Waikar, S. (2018). Scott family enterprises: Building the path to effective governance. Kellogg School of Management. Evanston, IL: Northwestern University.
Physical Description:1 online resource.
ISBN:9781526490421
1526490420