Frontier of Risk Management -- Value at Risk and Its Applications

Author: Zhou Daqing
Publisher:
Publish Date: 2004-08-01
Features: The author systematically introduces practical results, offering great assistance to risk managers who need to apply Value at Risk (VaR) systems in practice. This book can serve as a textbook for senior business school students and graduate students, as well as a reference for practitioners and management institutions. With a focus on localized content, it provides case studies to support theoretical concepts. Through teamwork, the authors introduce and explore the theory, practical calculations, and assessments of VaR, one of the most significant and revolutionary developments in risk management in recent years, in an accessible manner. As the first book in Taiwan to discuss VaR in Chinese, it offers detailed discussions on the theoretical development, practical applications, and upcoming regulations (such as capital adequacy requirements) related to VaR. It also provides academic researchers with broader space for empirical studies in the Taiwanese context beyond translating textbooks. The author systematically introduces practical results, offering great assistance to risk managers who need to apply Value at Risk (VaR) systems in practice. This book can serve as a textbook for senior business school students and graduate students, as well as a reference for practitioners and management institutions.