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Theories Risk Management, Types Risk, Implications Portfolio Essay

¶ … theories risk management, types risk, implications portfolio theory. As the risk factors have diversified and as new types of risks have appeared, the theories of risk management have also multiplied, with new theories to address new areas of concerns and new threats. For example, when it comes to financial risk (including a large number of related risks, such as operational risk or currency risks), the company comes under the threat of fluctuations from the financial market, whether the currency market, the interest rate market, the commodity market etc.

With this in mind, theories like Value at Risk aim to measure the maximum loss that a portfolio can undertake during a certain period of time, with a certain probability. Subsequently, such risk management approaches are then used in capital requirements, such as Basel II. Probability theories...

Market risk is a type of risk that exposes the company to threats from the market, as prices fluctuate during a certain period of time. Market risk is part of a wider category of risks, known as financial risks.
These include credit risk, interest rate risk, equity risk or currency risk. Each of these show the exposure of the company to a particular type of threat (currency, interest rate) and depend on the degree to which the company is involved in operations that have such risks. For example, if the company is operating only nationally, it is…

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Since portfolio theory has two different objectives, namely to maximize profits and minimize risks, it is understandable that both theories of risk management and the correct identification of the types of risks that can affect a business are essential in reaching both objectives. In the latter case, the correct identification of risk factors to which the organization is exposed will lead to the correct risk management tools being used. At the same time, this also means that the organization has to have clearly identified the risk management theories that can help it deal with its exposure to the different factors of risk. The two elements are thus interconnected and essential in portfolio theory.

Chew, Donald, H. "Corporate Risk Management," (Columbia University Press, 2008)

Khatta, R.S. "Risk Management," (Global India Publications, 01.01.2008)
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