Risk Management

Author: Gu Mengdi
Publisher:
Publish Date: 2005-01-01
Features: This book is written as a textbook for university students. Compared to traditional risk management textbooks, this book places greater emphasis on a systematic description of the concept of risk and the philosophy of risk management, and discusses risk and risk management around these themes. In addition to systematically analyzing the theories and methods of pure risk management, this book also elaborates on general risk (including pure risk and speculative risk) and its management methods, and specifically introduces hedging and other management methods targeting speculative risk. This book can serve as both a teaching material and reference book for students majoring in finance and business management at universities, as well as a reference material for researchers and practitioners engaged in risk management theory and practice.