Financial risk management

Author: Song Qinghua
Publisher:
Publish Date: 2003-01-01
Features: The textbook Financial Risk Management primarily focuses on explaining the fundamental theories and basic skills of financial risk management. The book is divided into three main parts: Part I: Basic Theory, which elucidates the fundamental theories of financial risk, the basic principles of financial risk management, and financial risk regulation; Part II: Institutions, which discusses the risk management of different types of financial institutions, including commercial banks, securities companies, insurance companies, and other financial institutions; Part III: Forms, which covers various forms of financial risk, such as credit risk management, liquidity risk management, interest rate risk management, foreign exchange risk management, and country risk management. The textbook has the following characteristics:
First, it combines international practices of financial risk management with China's specific context. It primarily introduces the general principles and methods of financial risk management, highlighting the commonalities of the field, while appropriately linking the content and discussions to China's actual practices in specific sections.
Second, it integrates qualitative and quantitative analysis, placing significant emphasis on the quantitative management of financial risks. Dedicated sections are provided to introduce the assessment of credit risk, interest rate risk, exchange rate risk, liquidity risk, and country risk.
Third, it focuses on practical aspects of financial risk management, emphasizing the techniques and methods for managing and mitigating financial risks. At the same time, it also clarifies the fundamental theories and basic principles of financial risk and its management, ensuring the textbook has a certain theoretical depth.
Fourth, it primarily focuses on the risk management of financial institutions while appropriately addressing the needs of industrial and commercial enterprises, residents, and even national financial risk management.
This textbook is intended for use in higher education institutions for teaching financial majors. It can also be used for professional training and self-study by employees of banks, insurance companies, securities companies, trust investment companies, and other financial institutions.