Risk Management and Shareholders’ Wealth Maximization

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Controlling Shareholders Management Risk Warning Based on Flexible Neural Tree

This paper studies the early-warning of controlling shareholders management risk of Chinese listed companies, using the optimization algorithm of the improved structure of flexible neural tree model to build early-warning model of risk. In the premise of higher accuracy, it selects the key risk factors and the optimal model. In the learning process of Flexible neural tree model, the evolution g...

متن کامل

Bank Management between Shareholders and Regulators

This essay discusses the corporate governance of banks. Bank managers must balance competing demands from shareholders and regulators, which distinguishes banks from most other firms. The essay is structured into three parts. The theoretical section first broadly defines management and its governance as a process with certain built-in ambiguities that defy a strict notion of accountability. The...

متن کامل

Sovereign Wealth and Risk Management 2012 06 24

This paper sets out a new approach to sovereign wealth and risk management, based on the theory of contingent claim analysis (CCA). To manage sovereign risk, it is essential to analyse the sovereign’s balance sheet. The state has to solve an asset-liability management (ALM) problem between its sources of income and its expenditure. The analytical framework for this approach covers all public en...

متن کامل

Shareholder Wealth Effects of MANAGEMENT Regulatory COMPLIANCE

Purpose: This paper addresses whether and how the Sarbanes-Oxley Act of 2002(SOX) affects shareholder wealth (firm value) by focusing on the trade-off between improved corporate governance leading to a lower cost of capital and increased managerial compliance costs of regulations. Design/Methodology: We use an analytical model of solving the management utility maximization function and the cha...

متن کامل

Shareholder Wealth Maximization and Social Welfare: A Utilitarian Critique

Many scholars and managers endorse the idea that the primary purpose of the !rm is to make money for its owners. This shareholder wealth maximization objective is justi!ed on the grounds that it maximizes social welfare. In this article, the !rst of a two-part set, we argue that, although this shareholder primacy model may have been appropriate in an earlier era, it no longer is, given our curr...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: International Journal of Business, Economics and Management

سال: 2020

ISSN: 2312-5772,2312-0916

DOI: 10.18488/journal.62.2020.76.387.400