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Risk Management in Emerging Markets : Issues, Framework, and Modeling.

This book addresses three main dimensions of risk management in emerging markets: 1) the effectiveness of risk management practices; 2) current issues and challenges in risk assessment and modelling in emerging market countries; 3) the responses of emerging markets to the recent financial crises and...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Boubaker, Sabri
Otros Autores: Buchanan, Bonnie, Nguyen, Duc Khuong
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bingley : Emerald Group Publishing Limited, 2016.
Colección:Online access with EBA: Emerald Business, Management & Economics.
Temas:
Acceso en línea:Texto completo
Texto completo
Tabla de Contenidos:
  • Front Cover; Risk Management in Emerging Markets; Copyright Page; Contents; About the Editors; About the Authors; Preface; Foreword; Part I: Framework; 1 Realized Volatility of the Spread: An Analysis in the Foreign Exchange Market; Introduction; Literature Review and Propositions Development; Data and Methodology; Dependent Variable
  • Volatility of Liquidity; Independent Variables; Methodology; Empirical Results; Descriptive Statistics; Dynamic Panel Regression Results; Augmented Dynamic Panel Regression Results; Conclusion; References.
  • 2 Global Responsibility and Risks of Compliance Failure in Emerging MarketsIntroduction; Global Responsibility and Compliance Risk; Compliance Risk in the BRICS; Corporate Governance, Internal Control, and Risk Management in the BRICS: Legislative and Regulatory Framework; Brazil; Russia; India; China; South Africa; Compliance Failure in the BRICS Companies: Selected Case Studies; Vale SA (Brazil); Gazprom (Russia); Maruti Suzuki (India); China National Petroleum Corporation (China); Harmony Gold Mining Ltd (South Africa); Conclusion; References.
  • 3 The Dynamics of Value Comovement across Global Equity MarketsIntroduction; Data; Constructing the CAPE; Descriptive Statistics; Methodology; Value Spreads; Results; Benchmark; Correlations; America; Europe; Asia; Value Spreads; America; Europe; Asia; Value Portfolio: The Risk Angle; Conclusions; References; Appendix; 4 The Adoption of Political Risk Assessment in Emerging Markets; Introduction; Risk, Uncertainty, Political Risk, and Political Risk Assessment; Risk and Uncertainty; Political Risk and Country Risk; Political Risk Assessment.
  • The Determinants of the Adoption of Political Risk AssessmentFirm Size; Firm Complexity; Level of Internationalization; Ownership; Location of Subsidiaries; Leverage; Investment Opportunities; Auditor Type; Industry; Conclusion; References; 5 Rethinking Framework of Integrated Interest Rate and Credit Risk Management in Emerging Markets; Introduction; Scope and Data; Methodology; Historical VaR Modeling of Economic Capital; Derivative-Based Segregated Approach to Risk Assessment; Derivative-Based Integrated Approach to Risk Assessment.
  • Capital-Wise Elasticity of Interest Rate Risk and Credit RiskComponents of a Bond Yield; Yield-Based Integrated Approach to Risk Assessment; Estimating Liquidity Component; IRB Foundation Approach to Unexpected Loss Assessment; Results and Discussion; Derivative-Based Integrated versus Segregated Approach to Risk Assessment; Derivative-Based Studies of Expansion and Contraction Phases of Business Cycle; Derivative-Based Capital-Wise Elasticity of Interest Rate Risk and Credit Risk; Derivative-Based Integrated Approach versus Yield-Based Approach to Risk Assessment.