by Yau Tak-Kin, Thomas. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1996. / Includes bibliographical references (leaves [52]). / ABSTRACT / TABLE OF CONTENT / Chapter I --- INTRODUCTION --- p.1 / Development of financial derivatives --- p.1 / Chracteristics of financial derivatives --- p.2 / Chapter II --- RISK ENCOUNTERED BY BUSINESS AND ITS MANAGEMENT --- p.3 / Chapter III --- SELECTED DERIVATIVE CASES --- p.7 / Proctor & Gamble --- p.7 / Orange County --- p.10 / Barings Bank plc --- p.12 / Chapter IV --- CLASSIFICATION OF RISK --- p.18 / Credit risk --- p.18 / Market risk --- p.19 / Liquidity risk --- p.19 / Operations risk --- p.20 / Legal risk --- p.20 / Chapter V --- THE RISK MANAGEMENT PROCESS --- p.21 / Risk measurement --- p.22 / Limiting risks --- p.24 / Reporting --- p.25 / Management evaluation and review --- p.26 / Chapter VI --- MANAGEMENT OF PARTICULAR RISK EXPOSURE --- p.28 / Credit risk --- p.28 / Market risk --- p.30 / Liquidity risk --- p.32 / Operations risk --- p.33 / Legal risk --- p.36 / Chapter VII --- MANAGEMENT'S ROLE IN RISK CONTROL --- p.38 / Role of the governing body or other authorizing body --- p.38 / Authorizing body --- p.38 / Written guidelines --- p.39 / Relevant considerations --- p.39 / Authorizing Guidelines --- p.39 / Scope of authorized activity --- p.40 / Guidelines on risk exposure --- p.40 / Role of management --- p.43 / Measurement of risk consistent with prescribed guidelines --- p.43 / Establishment of risk guideline for business units --- p.44 / Data collection and synthesis --- p.44 / Policies for valuation methodology --- p.44 / Frequency of mark to market --- p.45 / Valuation policy --- p.45 / Pricing verification procedures --- p.46 / Model verification procedures --- p.46 / Establish a process for identifying and managing deviations from risk guidelines --- p.46 / Other controls --- p.46 / Legal risk --- p.47 / Operational risk --- p.47 / Designate authority to commit on trades --- p.47 / Role of external audit functions --- p.48 / "Approve internal controls for documentation, adequacy of operational procedures and risk- reduction procedures" --- p.48 / Provide for an adequate level of professional expertise for risk monitoring and risk management --- p.48 / Chapter VIII --- CONCLUSION --- p.49 / REFERENCES
| Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_320780 |
| Date | January 1996 |
| Contributors | Yau, Tak-Kin Thomas., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
| Publisher | Chinese University of Hong Kong |
| Source Sets | The Chinese University of Hong Kong |
| Language | English |
| Detected Language | English |
| Type | Text, bibliography |
| Format | print, iv, 50, [1] leaves ; 30 cm. |
| Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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