Liabilities, Liquidity, and Cash Management: Balancing Financial Risk: Balancing Financial Risks - Hardcover

Chorafas, Dimitris N.

 
9780471106302: Liabilities, Liquidity, and Cash Management: Balancing Financial Risk: Balancing Financial Risks
Hardcover
ISBN 10: 0471106305 ISBN 13: 9780471106302
Verlag: John Wiley & Sons, 2002

Inhaltsangabe

"This book provides a very helpful and informative insight into an aspect of finance that has become quite intricate and complex but is nevertheless very fascinating."
--Dr. Henry Kaufman, President, Henry Kaufman & Company, Inc.
 
Strategies and advice on balancing financial risk for leveraged companies
In today's highly leveraged economy, good liabilities management has become vitally important. Entire sectors of the economy, and some of the biggest financial and industrial companies, face dramatic overexposure problems. But adequate internal liability controls can greatly reduce risk. Featuring case studies in a number of industries and examples of both proper and improper liabilities management in major organizations, Liabilities, Liquidity, and Cash Management shows managers, accountants, investment advisors, and other professionals who deal with liabilities and overexposure how they can implement good internal controls on liability and overexposure. It provides modern tools, critical strategies, and timely advice specifically tailored to the needs of companies facing overexposure and debt risk in a volatile economy.
 
Topics include:
* Loss of capitalization
* Derivatives
* Risks of globalization
* Sensitivity analysis, gap analysis, stress testing, and value-added solution
* Real-time financial reporting and virtual balance sheets
* Liquidity management
* Money markets, yield curves, and interest rates
* Mismatch risk profiles
* Credit risk
* Risk in the new economy

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.

Über die Autorin bzw. den Autor

DIMITRIS N. CHORAFAS, PhD, has worked internationally as an advisor to financial institutions and industrial corporations since 1961. Over 6,000 banking, industrial, and government executives have participated in his seminars worldwide. A former Fulbright scholar, Dr. Chorafas is a graduate of the University of California, Los Angeles; the University of Paris; and the Technical University of Athens.

Von der hinteren Coverseite

"This book provides a very helpful and informative insight into an aspect of finance that has become quite intricate and complex but is nevertheless very fascinating."--Dr. Henry Kaufman, President, Henry Kaufman & Company, Inc.
Strategies and advice on balancing financial risk for leveraged companies
In today's highly leveraged economy, good liabilities management has become vitally important. Entire sectors of the economy, and some of the biggest financial and industrial companies, face dramatic overexposure problems. But adequate internal liability controls can greatly reduce risk. Featuring case studies in a number of industries and examples of both proper and improper liabilities management in major organizations, Liabilities, Liquidity, and Cash Management shows managers, accountants, investment advisors, and other professionals who deal with liabilities and overexposure how they can implement good internal controls on liability and overexposure. It provides modern tools, critical strategies, and timely advice specifically tailored to the needs of companies facing overexposure and debt risk in a volatile economy.
Topics include:
* Loss of capitalization
* Derivatives
* Risks of globalization
* Sensitivity analysis, gap analysis, stress testing, and value-added solution
* Real-time financial reporting and virtual balance sheets
* Liquidity management
* Money markets, yield curves, and interest rates
* Mismatch risk profiles
* Credit risk
* Risk in the new economy

Aus dem Klappentext

During the late nineties stock market boom, borrowing reached astounding rates. Today, both financial institutions and industrial companies are carrying huge debt liabilities created through borrowing, repos, derivatives, and lending to other leveraged sectors of the economy. Liquid assets, many companies' classic safety net, are far outweighed by liabilities, leaving them overexposed.
This book offers expert advice on proper liability management for financial officers, analysts, traders, investment advisors, loan officers, accountants, and auditors whose daily activities concern the management of liabilities and the control of exposure. Filled with examples and case studies of problems in some of the biggest companies, Liabilities, Liquidity, and Cash Management provides expert advice on proper modern liability management.
Volatile global markets, changing regulatory environments, and the proliferation of new financial products have made the management of liabilities and assets in the balance sheet a critical task. Modern tools like simulation, experimentation, and real-time financial reporting make the job easier, but current assets and liabilities management strategy is changing under the weight of growing debt. This book will bring readers up to date on new theory and practices.
Entities with a large amount of debt must pay a great deal of attention to the quality of liabilities management, including levels of leverage, liquidity thresholds, and cash management. Credit risks, market risks, and reputational risks can be effectively controlled with a proper internal control system. But as a growing number of examples demonstrate, a large number of institutions either have inadequate liabilities management systems or management itself fails to recognize the warning signs.
This book sets out a process of liabilities management for today's leveraged economy. Divided into four parts, the book considers the general principles of liabilities management, liquidity management, cash management, and credit risk. Case studies of the telecom industry and major companies like Bank One, Daewoo, and Xerox help readers understand the importance of good liabilities management and the consequences of inadequate liabilities management.

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Verlag
John Wiley & Sons
Erscheinungsdatum
2002
Sprache
Englisch
ISBN 10 
0471106305
ISBN 13 
9780471106302
Einband
Gebundene Ausgabe
Auflage
1
Anzahl der Seiten
336
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
Nicht verfügbar

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9780471091981: Liabilities, Liquidity and Cash Management: Balancing Financial Risk

Vorgestellte Ausgabe

ISBN 10:  0471091987 ISBN 13:  9780471091981
Verlag: John Wiley & Sons Inc, 2002
Hardcover