Enterprise Risk Management : Financial Engineering and Risk Management - David L Olson

Instant online reading.
Don't wait for delivery!
Go digital and save!

Enterprise Risk Management

By: David L Olson, Desheng Dash Wu

Write A Review

Hardcover | 26 December 2007

At a Glance

Hardcover
264 Pages

Dimensions(cm)
22.86 x 15.88 x 1.91

Hardcover

RRP $210.99

$189.99

10%OFF

or 4 interest-free payments of $47.50 with

Ships in 15 to 25 business days

This book expands the scope of risk management beyond insurance and finance to include accounting risk, terrorism, and other issues that can threaten an organization. It approaches risk management from five perspectives: in addition to the core perspective of financial risk management, it addresses perspectives of accounting, supply chains, information systems, and disaster management. It also covers balanced scorecards, multiple criteria analysis, simulation, data envelopment analysis, and financial risk measures that help assess risk, thereby enabling a well-informed managerial decision making.The book concludes by looking at four case studies, which cover a wide range of topics. These include such practical issues as the development and implementation of a sound risk management structure; supply chain risk and enterprise resource planning systems in information systems, and disaster management.

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

You Can Find This Book In

Non-Fiction Business & Management Management & Management Techniques Management Decision Making Accounting & Finance Finance Insurance & Actuarial Studies Management of Specific Areas Production of Quality Control Management Booktopia Publisher Services World Scientific Publishing

Preface	p. v
Perspectives
Enterprise Risk Management	p. 3
What is ERM?	p. 4
Types of Risk	p. 6
Strategic risks	p. 8
A framework for risk management	p. 8
Current Status	p. 11
Conclusions	p. 12
Endnotes	p. 13
The Financial Perspective	p. 15
ERM and Financial Operations	p. 16
Key financial risks	p. 18
Measuring market risk	p. 18
Market Risk Measurements	p. 19
VaR - Value at risk	p. 19
Historical simulation	p. 21
Variance-covariance approach	p. 23
Scenario analysis	p. 24
Measuring Credit Risk	p. 25
Measuring Operational Risk	p. 26
Conclusions	p. 31
Endnotes	p. 31
The Accounting Perspective	p. 35
The COSO ERM Cube	p. 36
Categories	p. 36
Activities	p. 37
Event Identification	p. 38
Risk appetite	p. 40
Example of Risk Quantification	p. 40
Implementation Issues	p. 40
Conclusions	p. 41
Endnotes	p. 42
Supply Chain Risk Management	p. 45
Supply Chain Risk Management Process	p. 46
Risk identification	p. 47
Risk assessment	p. 48
Risk avoidance	p. 49
Risk mitigation	p. 49
Supply Management	p. 50
Supplier selection process	p. 51
Supplier order allocation	p. 51
Demand Management	p. 52
Product Management	p. 52
Information Management	p. 52
Traditional supply chains	p. 53
Collaborative planning, forecasting and replenishment	p. 55
E-commerce security	p. 56
Supply Chain Disruption	p. 57
Examples of supply chain resilience	p. 57
Robust strategies	p. 58
Conclusions	p. 61
Endnotes	p. 62
Information Systems Perspective	p. 67
Information Systems Risk	p. 68
Systems	p. 69
COSO Application of IS Risk Management	p. 70
IS Risk Identification and Analysis	p. 73
Brainstorming	p. 74
Nominal group technique	p. 75
Delphi method	p. 75
The systems failure method	p. 76
The Systems View of Enterprise Systems	p. 81
Alternative ERP forms	p. 82
Outsourcing risks	p. 82
Conclusions	p. 84
Endnotes	p. 85
Disaster Planning	p. 89
Risk Management of Human Systems	p. 90
Emergency Management	p. 91
Database support to emergency management	p. 92
Data mining	p. 93
Modeling	p. 95
Emergency management support systems	p. 96
Conclusions	p. 97
Endnote	p. 98
Tools
Balanced Scorecard	p. 105
Demonstration of ERM Balanced Scorecard	p. 108
Case Study: Credit Scorecard Validation	p. 111
Statistical results and discussion	p. 111
Population distributions and stability	p. 115
Conclusion	p. 117
Endnotes	p. 118
Multiple Criteria Analysis	p. 121
Selection Decision Methods	p. 122
Quality factors	p. 124
Alternative ERP forms	p. 124
Multiple Criteria Analysis	p. 126
Scores	p. 128
Weights	p. 129
Value score	p. 131
Other multiple criteria methods	p. 132
Conclusions	p. 132
Endnotes	p. 133
Simulation and DEA Models of Risk	p. 135
Supply Chain Risk	p. 137
Supply chain models	p. 137
Supply chain risk model	p. 138
Multi-objective programming model	p. 140
Chance constrained model	p. 144
DEA model	p. 145
Simulation	p. 145
The simulation process	p. 146
Cash management simulation	p. 147
Risk management simulation models	p. 150
Simulation and MOP	p. 152
Conclusions	p. 157
Data Envelopment Analysis Basics	p. 157
Endnotes	p. 158
Credit Risk Analysis	p. 161
Financial Risk Measures	p. 162
Credit Scoring	p. 165
Modeling	p. 166
Data	p. 167
Results	p. 170
Results from overall population	p. 171
Results from portfolio 1	p. 174
Results from portfolio 2	p. 179
Conclusions	p. 183
Endnotes	p. 184
Cases
Hydro One Financial Risk	p. 189
Initial Risk Management Organization	p. 190
Risk Tolerance	p. 193
Pilot Study	p. 193
The Business Context of Risk Management at Hydro One	p. 195
Hydro One risk tolerance	p. 197
Risk treatment investment planning	p. 199
ERM Outcomes and Benefits at Hydro One	p. 199
Endnotes	p. 200
Supply Chain Risk Cases	p. 201
Early Supplier Involvement	p. 201
Rolls Royce	p. 202
ESI process at Rolls Royce	p. 203
Vendor Risk	p. 205
Landini Tractor operations	p. 206
Tire operations	p. 206
Zetor Tractors	p. 207
Conclusions	p. 208
Endnotes	p. 209
ERP Risk Cases	p. 211
ERP Advantages and Disadvantages	p. 213
FoxMeyer Drug	p. 215
Marathon Oil	p. 218
Pratt & Whitney Canada	p. 220
Benefits	p. 222
Lessons learned	p. 222
Conclusions	p. 223
Endnotes	p. 224
Training for Natural Disaster Recovery	p. 227
The Problem Event	p. 227
Disaster Recovery Training	p. 228
The Exercise	p. 229
Exercise Results	p. 231
Implications	p. 233
Endnotes	p. 234
Bibliography	p. 235
Index	p. 249
Table of Contents provided by Ingram. All Rights Reserved.

Enterprise Risk Management

At a Glance

Hardcover

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Insurance & Actuarial Studies

My Four-Year-Old The Property Investor

Insurance Models and Designs During Pandemics

Security Risk Management Body of Knowledge

Wiley Series in Systems Engineering and Management

Principles of Sedimentology and Stratigraphy

5th Edition - Pearson New International Edition

Derivatives Markets, Pearson New International Edition 3ed

Pearson New International Edition

Principles of Biochemistry

5th Edition - Pearson New International Edition

Against the Gods

The Remarkable Story of Risk

Data Analysis for Business, Economics, and Policy

Safety Science for Outdoor & Experiential Education

DIY Super For Dummies

3rd Australian Edition

Transforming Risk

AI Applications in Modern Insurance

Leadership, Management and Organizational Culture

The Insurance Industry

Statutory and Regulatory Property Valuation in Australia

Statutory and Regulatory Property Valuation in Australia

CISO: Evolution of a Vocation

Confessions of a Recovering CISO

Commercial Insurance Law

Emerging Trends and New Perspectives

Sustainable Financial Structured Products

Managing Risk Appetites across Modelling, Structuring, and Hedging

Construction Business for the 21st Century

Managing Risk and Improving Profits

The Routledge International Handbook of Research Security

Routledge International Handbooks

Temperance Lives

Life Assurance, Drink and Medicine in Britain, 1840-1918

Dead Wrong

Diagnosing and Treating Healthcare's Misinformation Illness

Health and Safety Programs in Small and Medium-sized Businesses

Setting Them Up and Making Them Work Effectively

Insurance and Risk Management

The Definitive Australian Guide

Safety Theater

How the Desire for Perfection Drives Compliance Clutter, Inauthenticity, and Accidents

This product is categorised by