Gatzert, Nadine; Schmeiser, Hato - Institut für Versicherungswirtschaft <Sankt Gallen> - 2008
SCHMEISER
WORKING PAPERS ON RISK MANAGEMENT AND INSURANCE NO. 50
EDITED BY HATO SCHMEISER
CHAIR FOR RISK MANAGEMENT … enterprise risk management.
1. INTRODUCTION
In an environment of increasingly frequent consolidation activity, the …
management.
1
In general, conglomeration leads to a diversification of risks (the diversifica-
tion benefit) but, at the same …