Risk Management

Prof. Ulrich Hommel, Ph.D. ist Inhaber des Stiftungslehrstuhls für Unternehmensfinanzierung und Kapitalmärkte an der European Business School (ebs).

Professor Dr. Markus Rudolf ist Inhaber des Dresdner Bank Lehrstuhls für Finanzintermediäre und Kapitalmarkttheorie an der WHU Koblenz.

Bank Risk Management.- Basel II and the Effects on the Banking Sector.- Conflicts of Interest and Market Discipline in Financial Services Firms.- Risk Management and Value Creation in Banks.- The New Basel Capital Accord.- Value at Rist: Regulatory and Other Applications, Methods, and Criticism.- Parsimonious Value at Risk for Fixed Income Portfolios.- Risk Budgeting with Value at Risk Limits.- Value at Risk, Bank Equity and Credit Risk.- Parametric and Nonparametric Estimation of Conditional Return Expectations.- Credit Risk Portfolio Modeling: An Overview.- Evaluating Credit Risk Models.- Estimation of Default Probabilities and Default Correlations.- Managing Investment Risks of Institutional Private Equity Investors - The Challenge of Illiquidity.- Assessment of Operational Risk Capital.- Operational Risk: The Management Perspective.- Insurance Risk Management.- Catastrophic Events as Threats to Society: Private and Public Risk Management Strategies.- New Approaches to Managing Catastrophic Insurance Risk.- Alternative Risk Transfer.- The Challenge of Managing Longevity Risk.- Asset/Liability Management of German Life Insurance Companies: A Value-at-Risk Approach in the Presence of Interest Rate Guarantees.- Corporate Risk Management.- Risk Management, Corporate Governance and the Public Corporation.- Integrating Corporate Risk Management.- Value-Based Motives for Corporate Risk Management.- Value-Based Corporate Risk Management.- Statutory Regulation of the Risk Management Function in Germany: Implementation Issues for the Non-Financial Sector.- A Comprehensive Approach to the Measurement of Macroeconomic Exposure.- Foreign-Exchange-Risk Management in German Non-Financial Corporations: An Empirical Analysis.- Estimating the Exchange Rate Exposure of US Multinational Firms: Evidence from an Event Study Methodology.- International Corporate Risk Management: A Comparison of Three Major Airlines.- Corporate Risk Management: Real Options and Financial Hedging.- The Real Option Value of Operational and Managerial Flexibility in Global Supply Chain Networks.- Managing Acquisition-Related Currency Risk Exposures: The E.ON-Powergen Case.- Introducing New Risk Classes to Organized Exchanges: The Case of Electricity Derivatives.- Was Enron's Business Model Fundamentally Flawed?.- "Real" Risk Management: Opportunities and Limits of Consumption-Based Strategies.- Capacity Options: Convergence of Supply Chain Management and Financial Asset Management.- Systemic Issues of Risk Management.- The Key to Risk Management: Management.- Economic Risks of EMU.- Does Risk Management Make Financial Markets Riskier?.- Risk Management, Rational Herding and Institutional Investors: A Macro View.- Revitalization of Japanese Banks: Japan's Big Bang Reform.

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