Financial Risk Management

Financial risk is the exposure of a corporation to an event that can cause a shortfall in a targeted financial measure or value. Financial Risk Management examines the essential elements of this discipline and makes them accessible to a wide array of readers—from seasoned veterans looking for a review to newcomers needing to get their footing in finance. This material discusses the four key processes in financial risk management and determines which risks to accept, which to neutralize, and which to transfer.