Enhancement of Financial Risk Management with the Aid of Analytic Hierarchy Process
نویسندگان
چکیده
Rapid growth in financial markets, increasing volatility and globalization are the main reasons of growing importance of financial risk management (FRM) which nowadays becomes a serious matter not only for financial institution. Several risks, possible targets and measures of each dimension of risk, several types of tools and techniques come together to form the FRM. This is the reason why this is a complicated, multi-step and multidimensional process. This study aims at the four aspects of FRM: measuring, monitoring, controlling and policy to determine the participant cognition of relative importance (weight). The AHP approach is proposed to determine the relative importance of different aspects of FRM and to enhance the performance of the FRM.
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