Скачать с ютуб Enterprise Risk Management: Theory and Practice (FRM Part 2 2023 – Book 3 – Chapter 2) в хорошем качестве

Enterprise Risk Management: Theory and Practice (FRM Part 2 2023 – Book 3 – Chapter 2)

For FRM (Part I & Part II) video lessons, study notes, question banks, mock exams, and formula sheets covering all chapters of the FRM syllabus, click on the following link: https://analystprep.com/shop/unlimite... AnalystPrep is a GARP-Approved Exam Preparation Provider for FRM Exams After completing this reading, you should be able to: - Define enterprise risk management (ERM) and explain how implementing ERM practices and policies can create shareholder value, both at the macro and the micro level. - Explain how a company can determine its optimal amount of risk through the use of credit rating targets. - Describe the development and implementation of an ERM system, as well as challenges to the implementation of an ERM system. - Describe the role of and issues with correlation in risk aggregation and describe typical properties of a firm’s market risk, credit risk and operational risk distributions. - Distinguish between regulatory and economic capital and explain the use of economic capital in the corporate decision making process