CFaR – Алтернатива на VaR при измерване на риска на нефинансова компания
CFaR – An alternative of VaR for estimating the risk of a non-finance company
Author(s): Krasimir KostenarovSubject(s): Social Sciences, Economy, Education, National Economy, Business Economy / Management, Micro-Economics, Agriculture, Higher Education , Financial Markets, Business Ethics
Published by: Нов български университет
Keywords: Risk; Value at risk] VaR; CFaR
Summary/Abstract: The calculation of the risk of non-financial companies is a complicated process that theoretically and practically lags behind the analogous processes in the financial companies. This article focuses on the VaR as an indicator for determining the risk in financial investments and the problems it faces to apply it to non-financial companies. Then the research is concentrated on the presentation of the CFaR, the difficulties in applying it and the benefits of using it in companies.
Journal: Годишник Икономика и бизнес
- Issue Year: 2/2017
- Issue No: 1
- Page Range: 44-51
- Page Count: 8
- Language: Bulgarian
