Risk management. Principles and methods
Risk management. Principles and methods
Book Description
Risk management has become particularly important in recent years. Risks are becoming global, present in all sectors of the economy, and their main source is increasingly financial markets. Companies do not feel safe in an unstable economic situation and are forced to make decisions without being able to predict their financial results with a sufficient degree of certainty. This was confirmed by the financial crisis, which once again showed the vital need to identify risks and manage them using all the necessary tools. The book by Aswat Damodaran, a recognized guru in the field of investment valuation, was published in Wharton School Publishing a year before the crisis and actually anticipated the development of the situation by argumentatively outlining key principles for a wide audience and describing the tools of modern risk management. We are sure that many mistakes could have been avoided if the risk management techniques given in the book had entered the practice of domestic companies at that time. Publications and cost models of Aswat Damodaran today are rightfully an integral part of the arsenal of financial managers and analysts. His new book brings readers, in our opinion, three key values.
No reviews found