The Essentials of Risk Management

The "bible" of risk management-fully updated for an investing landscape dramatically altered by social and technological upheavals

When it was first published in 2005, The Essentials of Risk Management became an instant classic in risk management. Now, the authors provide a comprehensively updated and revised edition to help you succeed in a world rocked by unprecedented changes.

Combining academic research with real-world applications, this bestselling guide provides the expert insights that has made it so popular for so many years, covering the most effective ways to measure and transfer credit risk, increase risk-management transparency, and implement an organization-wide enterprise risk management approach. In addition, it covers a wide range of new issues, including:

• Fallout from the COVID pandemic
• New emerging risks associated with digital finance
• The effect of climate change on risk management
• Game-changing new technologies like machine learning, artificial intelligence, and distributed ledger technology

The definitive resource for quantifying risk versus return, The Essentials of Risk Management delivers everything you need to safeguard your investments in today's economy.