TAILIEUCHUNG - Lecture Financial institutions, instruments and markets (6/e): Chapter 18 - Christopher Viney

Chapter 18 - An introduction to risk management and derivatives. In this chapter students will be able to: Understand the nature and importance of risk and risk management, especially operational and financial risk exposures; construct and analyse a structured risk management process; examine the fundamentals of futures contracts; review the operation of forward exchange contracts and forward rate agreements; | Chapter 18 An Introduction to Risk Management and Derivatives 18- Learning Objectives Understand the nature and importance of risk and risk management, especially operational and financial risk exposures Construct and analyse a structured risk management process Examine the fundamentals of futures contracts Review the operation of forward exchange contracts and forward rate agreements Understand the nature and versatility of options contracts Consider the structure of an interest rate swap and a cross-currency swap 18- Chapter Organisation Understanding Risk The Risk Management Process Futures Contracts Forward Contracts Option Contracts Swap Contracts Summary 18- Understanding Risk Risk—the possibility or probability of something occurring that is unexpected or unanticipated Categories of risk Operational risk Financial risk 18- Understanding Risk Operational risk Exposure that may impact on the normal commercial functions of a business, affecting its operational and financial performance, .: technology property and equipment personnel competitors natural disasters government policy suppliers and outsourcing Can be managed through the use of real options 18- Understanding Risk (cont.) Financial risk Exposures that result in unanticipated changes in projected cash flows or the structure and value of balance-sheet assets and liabilities, .: interest rate risk foreign exchange risk liquidity risk credit risk capital risk 18- Understanding Risk (cont.) Financial risk (cont.) Relationships between risks can result in one risk impacting on another risk Direct risk—the initial risk event that impacts on the operational or financial position of an organisation Consequential risks—exposures that eventuate as a result of an initial direct risk event 18- Chapter Organisation Understanding Risk The Risk Management Process Futures Contracts Forward Contracts Option

• Tài chính doanh nghiệp
• Risk management process
• Futures contracts
• Financial institutions
• Financial Instruments
• Financial markets
• Financial system
• Risk management
• Lecture Risk management
• Classification of risk
• Benefits of risk management
• Managing risk
• Avoiding risk
• Project management
• Managerial process
• Lecture Project management
• Lecture Project management in practice
• Project risk management
• Risk identification
• Risk analysis
• Higher Education Institutions
• Traditional principles of risk management
• Functioning of the system
• MECHANISMS AND MODELS
• Financial simulation process
• Financial risks management
• Lecture Financial risks management
• Quản trị rủi ro
• Quản trị rủi ro tài chính
• Personal financial planning
• Personal financial
• Lecture Personal financial planning
• Financial planning
• Quản lý dự án
• Project activity
• Risk planning
• basic process
• Market testing
• Cost estimating
• private financing
• Specifying systems
• Benchmarking
• ccreditation
• management tools
• Process and systems
• quality management
• The role of information technology management in supporting managerial innovation
• Supporting managerial innovation
• The suitable Business Process Improvement
• Risk management plans and strategies
• Business administration Doctoral thesis
• Credit risk management
• Vietnam prosperity joint stock bank
• Prosperity joint stock bank
• Several factors affecting such process
• European and non European service providers
• Implementation of innovative process
• Spread of culture of safety
• Legislative Decree no 81
• Qualify service providers