the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …

Risikomanagement in der Bankenindustrie befassen. Im ersten Artikel (Kapitel 2) werden die vier zur Zeit in der Praxis am …This thesis contributes to the literature on risk management in banking by presentingthree theoretically oriented … riskmanagement.In the first paper (chapter 2) we review the models of joint defaults of thecurrent industry-sponsored credit risk …

We explore the impact of sophistication in risk management as required by Basel II on banking stability and market … which banks are able to assess the default risk of individual firms. We show that sophistication in banking decreases …

We investigate the question of whether sophistication in risk management fosters banking stability. We compare a simple … default risk of entrepreneurs individually. Both banking systems compete for deposits, loans, and equity. While a … and finances more entrepreneurs. Expected repayments in a simple system are always higher and its default risk is lower if …

the more conventional two-dimensional methodologyof assessing the relative risk and return attributes of various assets … relevance, the studymakes suggestions as to how time horizons could be incorporated into the risk returnassessments of various …

in the context of Risk Management, the conclusion becomes apparent: The environmental uncertainty that surrounds … entrepreneurial actions includes both opportunities and threats. As commonly practiced though, Risk Management tools only address … Risk Management approach. Nevertheless, in terms of Erasmus, this approach represents the one-eyed man when compared with …

Over recent years, study on risk management has been prompted by the Basel committee for the requirement of regular … banking supervisory. There are however limitations of many risk management methods: 1) covariance estimation relies on a time … accurately and fast measure risk exposures of multivariate portfolios. The basic idea is to first retrieve out of high …

Teilsortiment von m Artikeln oder Produkt-varianten umfasst, reduziert die Unsicherheit der geplanten Produktionsmengen durch Risk … can only be sold with loss.The risk situation of the Newsvendor model is characterized by the following decision conflict … coverage costs which are together the sales risk costs. Optimal disposition strategies have the aim to minimize the expected …