Risk

C'est la probabilité que les pertes éventuelles du portefeuille ou de l'actif ne dépassent pas la Value at Risk, par définition ; l'horizon temporel choisi. Ce paramètre est très important car plus l'horizon est long plus les pertes peuvent être importantes. Par exemple, pour une distribution normale des rendements, il faut multiplier la Value at Risk à un jour par  pour avoir la Value at Risk sur  jours. D'une manière générale, la VaR donne une estimation des pertes qui ne devrait pas être dépassée

risque. Selon le FSA (Financial Services Authority, UK), le risque de réputation est défini ainsi : « The risk that the firm may be exposed to negative publicity about its business practices or internal controls, which could have an impact on the liquidity or capital of the firm or cause a change in its credit rating. » Selon la FED, US Federal Reserve (2004) : «Reputation risk is the potential loss that negative publicity regarding an institution’s business practices, whether true or not

Kraljic (1983) introduced the first comprehensive portfolio approach for purchasing and supply management. Kraljic’s approach includes the construction of a portfolio matrix that classifies products on the basis of two dimensions: profit impact and supply risk (‘low’ and ‘high’). The result is a 2 Â 2 matrix and a classification in four categories: bottleneck, non-critical, leverage and strategic items, see Fig. 1. *Corresponding author. Tel.: +31-45-5762590; fax: +31-45-5762103. E-mail address: kees.gelderman@ou

harassment and victimisation; * by developing sound management practice based on equality of treatment; * by providing a framework of employment, health, safety and security policies and systems to support managers and staff  in minimising the risk of work-related stress; * by effective workload allocation and feedback on performance; * by ensuring good communication; * by providing information and training to enable staff to develop their skills and maximise their contribution to

roles 5 1.2. The investment management as a process 6 1.2.1 Planning the investment 6 1.2.2 Implementing the investment plan 11 1.2.3 Evaluation of the investment 15 1.3. Investment risk 24 Investment Risk #1: Business Risk 25 Investment Risk #2: Valuation Risk 26 Investment Risk #3: Force of Sale Risk 26 Chapter 2. European Grants 28 Introduction – short history 28 2.1.Legislation, definitions and objectives of the structural funds for Romania 31 2.2. Institutions regulating the management

amounts using Poisson spacings , to appear in Applied Stochastic Models in Business and Industry (2010). – [30] P. Barrieu, H. Bensusan, N. El Karoui, C. Hillairet, S. Loisel, C. Ravanelli, Y. Salhi, Understanding, modelling and managing longevity risk : key issues and main challenges, to appear in Scandinavian Actuarial Journal (2010). – ∗ [138] X. Milhaud, M.-P. Gonon, S. Loisel, Les comportements de rachat en Assurance Vie en r´gime de croisi`re et en p´riode de crise, e e e Risques (2010), Vol

Without Fear Real Estate Riches in an Uncertain Market by Barry Lenson Fortune Contents Introduction ..................................................................... 3 Chapter One: Today’s Most Risk-Resistant Business Structures ............ 6 Chapter Two: Minimizing Risk with the Right Insurance ....................... 17 Chapter Three: How to Know Even More about Properties than the Inspectors You Hire........................................................... 28 Chapter Four:

determine the potential for political change that could adversely affect operations of the firm. Political risk There are three major types of political risk: * Ownership risk (which expose property and life) * Operating risk ( which refers to interference with the ongoing operation of a firm) * Transfer risk (which is mainly encountered when companies want to transfer capital) Political risk can be the result of government action, but it can also be outside the control government. There are

provisions. Financial Investments Interest-bearing financial investments that are intended to be held to maturity are included in the balance sheet at their cost price adjusted on a pro-rata basis to accrue to their value on maturity. In the event of the risk of non-repayment on maturity, a specific provision is made. Other items included in financial investments comprise shareholdings and are valued at the lower of cost or fair value. Tangible Fixed Assets Tangible fixed assets are presented at cost and

also entail risk. The literature provides numerous examples of projects that have been abandoned or have caused large financial losses. Relying upon a review of information systems development, ERP systems implementation, business process reengineering, information systems outsourcing and project management literature, this paper proposes the basic elements of a measure of ERP implementation risk. It also reflects on management activities that can be undertaken to attenuate the level of risk exposure