FINANCIAL RISK OPTIMISATION METHODS: A SURVEY
FINANCIAL RISK OPTIMISATION METHODS: A SURVEY
Author(s): Alexandra-Maria ChiperSubject(s): Business Economy / Management, Accounting - Business Administration
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: Financial risk management; Risk measures; Value-at-risk; Expected Shortfall; Risk measurement;
Summary/Abstract: An important part of the management activity is related to the management of financial risk management. It involves the assessment of financial risks in relation to a particular financial institution, situation or decision and the consistent development of management strategies and internal policies. The basic work of risk management is to measure risk. This paper examines the existing literature on financial risk measurement, pointing out the limitations in existing risk measurement indicators and what was done in terms of optimization of risk measures, good performance, easy calculation, and testing. In addition, the paper wants to explore future research ideas.
Journal: Review of Economic and Business Studies (REBS)
- Issue Year: 2023
- Issue No: 31
- Page Range: 155-168
- Page Count: 14
- Language: English
