Expected Shortfall (ES) is the average return on a risky asset conditional on the return being below some quantile of its distribution, namely its Value-at-Risk (VaR). The Basel III Accord, which will be implemented in the years leading up to 2019, places new attention on ES, but unlike VaR,...

The rapid pace and increasing convergence of internet, phone and other communications technologies has created extraordinary opportunities for business but the complexity of these new service mixes creates parallel opportunities for fraud and revenue leakage. Companies seeking to use...

"Foreword" -- "Table of content" -- "List of Figures" -- "List of Tables" -- "List of Abbreviations" -- "List of Symbols" -- "1 Fundamentals" -- "2 Risk measurement and risk analysis" -- "3 Risk control" -- "4 Financial risks" -- "5 Performance risks" -- "6 Risk controlling" -- "7...

We study the determinants and interactions of sustainability and risk management with a cross-sectional dataset on commercial cattle farming in semi-arid rangelands in Namibia. Cattle farmers in Namibia act within a coupled ecological-economic system that is subject to extensive degradation and...