Omar K. Hussain / Elizabeth J. Chang / Farookh K. Hussain / Tharam S. Dillon
Risk Assessment and Management in the Networked Economy
- Springer Berlin Heidelberg
- 2012
- Gebunden
- 316 Seiten
- ISBN 9783642286896
Risk and reward are always foremost in the determination of investment decisions and business transactions. Advances in the area of Information Communication Technologies (ICT) have enabled the development of new business paradigms. Such paradigms involve transactions taking place between loosely connected parties, often totally or partially unknown to one another. One important concept required to ensure such transactions are successful is transactional risk. The importance of doing this has been demonstrated in recent financial crisis. This book is unique in simultaneously taking into account the likelihood of an event occurring and its financial impact and provides an integrated discussion of the process of transactional risk identification,
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