Literature

Literature on Risk Management

In this page you will find Books, Articles, Academic Papers, and Cases on Risk Management. I try to keep this page as up to date as I can, but if you find somenthiong missing please do not hesitate in contacting me. Please note that I only liost published articles (in English and Spanish)

Articles on Risk Management

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Last Updated: February 06, 2012

Books

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1. Alexander, C., Risk Management and Analysis: Measuring and Modelling Financial Risk. 1998: John Wiley & Sons, Inc.

2. Alexander, C., Risk Management and Analysis: New Markets and Analysis. 1998: John Wiley & Sons, Inc.

3. Bremmer, I. and P. Keat, The Fat Tail: The Power of Political Kowledge for Strategic Investing. 2009, New York: Oxford University Press.

4. Caouette, J.B., E.I. Altman, and P. Narayanan, Managing Credit Risk: The Next Great Financial Challenge. Wiley frontiers in finance. 1998, New York: Wiley. 452.

5. Chan, N.H. and H.Y. Wong, Simulation Techniques in Financial Risk Management. 2006, Hoboken, New Jersey: John Wiley and Sons, Inc.

6. Chance, D.M., An Introduction to Derivatives & Risk Management. 2004, USA: South-Western. 675.

7. Coleman, T.S., A Practical Guide to Risk Management. 2011: The Research Foundation of the CFA Institute.

8. Crouhy, M., D. Galai, and R. Mark, The Essentials of Risk Management. 2006, USA: The McGraw-Hill Companies, Inc. 414.

9. Doherty, N.A., Integrated Risk Management. 2000: The McGraw-Hill Companies, Inc. 646.

10. Fraser, J.R.S. and B. Simkins, Enterprise Risk Management: Today's Leading Research and Best Practices forTomorrow's Executives. Kolb Series in Finance, ed. Wiley. 2010, Hoboken, New Jersey: John Wiley & Sons. 577.

11. Hampton, J.J., Fundamentals of Enterprise Risk Management: How Top Companies Assess Risk, Manage Exposure, and Seize Opportunity. 2009: AMACOM.

12. Hopkin, P., Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management, ed. T.I.o.R. Management. 2010.

13. Hubbard, D.W., The Failure of Risk Management: Why It's Broken and How to Fix It. 2009: John Wiley and Sons.

14. Jorion, P., Value at Risk: The New Benchmark for Controlling Market Risk. 1997, Chicago: Irwin Professional Pub. 332.

15. Lam, J., Enterprise Risk Management: From Incentives to Controls. 2003, Hoboken - New Jersey: John Wiley & Sons, Inc. 319.

16. Lancaster, L.C. and D. Stillman, When Generations Collide - Who they are. Why they Clash. How to Solve the Generational Puzzle at Work, ed. C. Business. 2002: Collins Business. 352.

17. Mamis, J., The Nature of Risk. 1991: Addison Wesley Publishing Company.

18. McMillan, J., Reinventing the Bazaar: A Natural History of Markets. 2002, New York, NY: WW Norton and Company.

19. Nassim Taleb, N., Black Swan : The Impact of the Highly Improbable 2007: Random House Publishing Group.

20. Nassim Taleb, N., Fooled by Randomness : The Hidden Role of Chance in Life and in the Markets 2ed. 2008: Random House Publishing Group.

21. Preve, L., Gestión de Riesgo: Un enfoque estratégico. 2009, Buenos Aires: Temas Grupo Editorial. 460.

22. Preve, L., Gestión de Riesgo: Un Enfoque Estrategico. 2nd ed. 2011, Buenos Aires: TEMAS Grupo Editorial. 476.

23. Saunders, A., Credit Risk Measurement: New Approaches to Value at Risk and other Paradigms. Wiley frontiers in finance. 1999, New York: Wiley. 226.

24. Savage, S.L. and J.I. Danziger, THE FLAW OF AVERAGES: WHY WE UNDERESTIMATE RISK IN THE FACE OF UNCERTAINTY. Risk Management (00355593). Vol. 56. 2009. 24-24.

25. Schwartz, R.J. and C.W. Smith, Derivatives Handbook Risk Management and Control. 1997, New York: John Wiley & Sons, Inc.

26. Stulz, R.M., Risk Management and Derivatives. 2003, Ohio: Thomson South-Western. 792.

27. W. Smithson, C., Managing Financial Risk: A Guide to Derivative Products, Financial Engineering, and Value Maximization. 1998: The Mc Graw-Hill Companies, Inc. 663.

Cases

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1. Bashani, S. and K. Eades, Structured Notes, in Darden Business School. 2010, UVA F-1618.

2. Bryant, M. and K. Mark, BARRICK GOLD: ELIMINATING THE GOLD HEDGING STRATEGY. 2011.

3. Buraschi, A. and A.A. Diverse, STRATEGIC RISK MANAGEMENT AT TITAN SHIPPING COMPANY: LESSONS FROM METALLGESELLSCHAFT, in IMD. 2010, IMD-1-0271.

4. Chaplinsky, S. and A.S. Spurr, Diva Shoes, Inc., in Darden Business School. 1999, UVA F-1222.

5. Constable, S. and K. Eades, Delta Beverage Group, Inc, in Darden Business School. 1997, UVA F-1188.

6. Dyszel, D. and L.A. Preve, Cobertura de Riesgos en Sotyl, in IAE Business School. 2010, FZ-C-207-IA-1-s.

7. Eades, K., R. Green, and J. Lehman, J&L Railroad, in Darden Business School. 2009, UVA F-1053.

8. Eades, K., R. Green, and J. Lehman, J&L Railroad; The Board Meeting. 2010, Darden Business School.

9. Gatti, S. and S. Mauro, MILAN METRO LINE 5: RISK MANAGEMENT IN INFRASTRUCTURE PROJECT FINANCING, in SDA Bocconi. 2009, 110-046-1.

10. Hawkins, D.F. and J. Cohen, General Motors Corp.: Retiree Benefit Risk Management (A), in Harvard Business School Cases. 2003. p. 1.

11. Hawkins, D.F. and J. Cohen, General Motors Corp.: Retiree Benefit Risk Management (B), in Harvard Business School Cases. 2004. p. 1.

12. Kester, C.W. and K. Backstrand Tiffany & Co.--1993, in Harvard Business School Cases. 1994. p. 1.

13. Martin, J.D. and S. Titman, Progressive Exploration and Production Company, in SSRN eLibrary. 2007.

14. Meulbroek, L. and P. Malhotra, Risk Management at Apache, in Harvard Business School Cases. 2001. p. 1.

15. Mikes, A., Enterprise Risk Management at Hydro One, in Harvard Business School Cases. 2008. p. 1.

16. Noussan, G. and A. Rahnema, Metallgesellschaft Refining & Marketing, Inc, in IESE Business School. 1997, 0-297-233 F-664-E.

17. Preve, L., Soluciones Informáticas Florales S.A. (A), in IAE Business School. 2006, FZ-C-121-IA-1-s.

18. Preve, L., Soluciones Informáticas Florales S.A. (B), in IAE Business School. 2006, FZ-C-122-IA-1-s.

19. Preve, L., Stoller (A), in IAE Business School. 2008, FZ-C-157-IA-1-s.

20. Preve, L., Stoller (B), in IAE Business School. 2008, FZ-C-158-IA-1-s.

21. Preve, L., El Riesgo de Tasas de Interés en Naturis S.p.A., in IAE Business School. 2008, FZ-C-154-IA-1-s.

22. Preve, L. and J. García Sánchez, Don Pedro (B), in IAE Business School. 2007, FZ-C-142/1-IA-1-s.

23. Preve, L., J. García Sánchez, and S. Acoroni, Don Pedro S.A., in IAE Business School. 2006, FZ-C-142-IA-1-s.

Papers

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1. Aabo, T., J.R.S. Fraser, and B.J. Simkins, The Rise and Evolution of the Chief Risk Officer: Enterprise Risk Management at Hydro One. Journal of Applied Corporate Finance, 2005. 17(3): p. 62-75.

2. Acharya, V.V., D. Gale, and T. Yorulmazer, Rollover Risk and Market Freezes. The Journal of Finance, 2011. 66(4): p. 1177-1209.

3. Adam, T., Capital expenditures, financial constraints, and the use of options. Journal of Financial Economics, 2009. 92(2): p. 238-251.

4. Adam, T.R. and C.S. Fernando, Hedging, speculation, and shareholder value. Journal of Financial Economics, 2006. 81(2): p. 283-309.

5. Adams, M., C. Lin, and H. Zou, Chief Executive Officer Incentives, Monitoring, and Corporate Risk Management: Evidence From Insurance Use. Journal of Risk and Insurance, 2011: p. no-no.

6. Agarwal, V. and R. Taffler, Does Financial Distress Risk Drive the Momentum Anomaly? Financial Management (Blackwell Publishing Limited), 2008. 37(3): p. 461-484.

7. Aggarwal, R. and J. Bohinc, Black Swans and Supply Chain Strategic Necessity. Journal of Transport Security, 2011. forthcoming.

8. Aggarwal, R. and J.T. Harper, Foreign exchange exposure of "domestic" corporations. Journal of International Money and Finance, 2010. 29(8): p. 1619-1636.

9. Ai, J., et al., Enterprise Risk Management Through Strategic Allocation of Capital. Journal of Risk and Insurance, Forthcoming, 2011.

10. Albertijn, S., W. Bessler, and W. Drobetz, Financing Shipping Companies and Shipping Operations: A Risk-Management Perspective. Journal of Applied Corporate Finance, 2011. 23(4): p. 70-82.

11. Aldunate, F. and J. Casassus, Consumption and Hedging in Oil-Importing Developing Countries. European Financial Management, 2011. Forthcoming.

12. Allayannis, G., J.P. Weston, and J.P. Weston, The use of foreign currency derivatives and firm market value. Review of Financial Studies, 2001. 14(1).

13. Alshubiri, F.N., The Effect of Working Capital Practices on Risk Management: Evidence from Jordan. Global Journal of Business Research, Vol. 5, No. 1, pp. 39-54, 2011, 2011.

14. Alviniussen, A. and H. Jankensgard, Enterprise Risk Budgeting: Bringing Risk Management Into the Financial Planning Process. Journal of Applied Finance, 2009. 19(1/2): p. 178-192.

15. Andrade, G. and S.N. Kaplan, How Costly Is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions That Became Distressed. Journal of Finance, 1998. 53(5): p. 1443-1493.

16. Andrén, N., H. Jankensgard, and L. Oxelheim, Exposure-Based Cash-Flow-at-Risk: An Alternative to VaR for Industrial Companies. Journal of Applied Corporate Finance, 2005. 17(3): p. 76-86.

17. Aretz, K. and S.M. Bartram, Corporate Hedging and Shareholder Value. Journal of Financial Research, Forthcoming, 2009.

18. Bali, T.G., A Generalized Extreme Value Approach to Financial Risk Measurement. Journal of Money, Credit & Banking (Blackwell), 2007. 39(7): p. 1613-1649.

19. Bartram, S.M., G.W. Brown, and J. Conrad, The Effects of Derivatives on Firm Risk and Value. Journal of Financial & Quantitative Analysis, 2011. 46(4): p. 967-999.

20. Bartram, S.M., G.W. Brown, and F.R. Fehle, International Evidence on Financial Derivatives Usage. Financial Management, 2009. 38(1): p. 185-206.

21. Bartram, S.M., G.W. Brown, and B.A. Minton, Resolving the exposure puzzle: The many facets of exchange rate exposure. Journal of Financial Economics, 2010. 95(2): p. 148-173.

22. Bell, G., et al., International Insurance Society Roundtable on Risk Management After the Crisis. Journal of Applied Corporate Finance, 2009. 21(4): p. 28-51.

23. Billiet, P., Risk Management of Exogenous Risks in an Acquisition: The Buyer s Perspective on the Target s Decrease of Value. The IUP Journal of Risk & Insurance, Vol. VII, No. 3, pp. 59-72, July 2010, 2010.

24. Black, F. and M. Scholes, The Pricing of Options and Corporate Liabilities. Journal of Political Economy, 1973. 81(3): p. 637.

25. Brown, G.W., Managing foreign exchange risk with derivatives. Journal of Financial Economics, 2001. 60(2-3): p. 401-448.

26. Brunnermeier, M.K. and M. Yogo, A Note on Liquidity Risk Management. American Economic Review, Vol. 99, No. 2, 2009, 2009.

27. Caballero, R.J. and A. Krishnamurthy, Bubbles and Capital Flow Volatility: Causes and Risk Management. Journal of Monetary Economics, 2006. 53(1): p. 35-53.

28. Campbell, J.Y., K.S. De Medeiros, and L.M. Viceira, Global Currency Hedging. The Journal of Finance, 2010. 65(1): p. 87-121.

29. Campello, M., et al., The Real and Financial Implications of Corporate Hedging. The Journal of Finance, 2011. 66(5): p. 1615-1647.

30. Carter, D.A., D.A. Rogers, and B.J. Simkins, Does Hedging Affect Firm Value? Evidence from the US Airline Industry. Financial Management, 2006. 35(1): p. 53-86.

31. Casassus, J. and P. Collin-Dufresne, Stochastic Convenience Yield Implied from Commodity Futures and Interest Rates. Journal of Finance, 2005. 60(5): p. 2283-2331.

32. Chamberlain, T., et al., Navigating the Jungle of Valuing Complex Capital Structures in Privately Held Companies: An Integrative Simulation Approach. Journal of Business Valuation and Economic Loss Analysis, 2007. 2(2).

33. Chan, L.H., The Risk that Wasn t There: Understanding the Role of Derivatives on Reducing and Creating Risk. Journal of the Utah Academy, Forthcoming, 2010.

34. Chen, Y.-c., K.S. Rogoff, and B. Rossi, CAN EXCHANGE RATES FORECAST COMMODITY PRICES? Quarterly Journal of Economics, 2010. 125(3): p. 1145-1194.

35. Chincarini, L., A Case Study on Risk Management: Lessons from the Collapse of Amaranth Advisors L.L.C. Journal of Applied Finance, 2008. 18(1): p. 152-174.

36. Ching-Chung, L. and C. Min-Hsien, Volatility effect of ETFs on the constituents of the underlying Taiwan 50 Index. Applied Financial Economics, 2005. 15(18): p. 1315-1322.

37. Cornell, B., Spot rates, forward rates and exchange market efficiency. Journal of Financial Economics, 1977. 5(1): p. 55-65.

38. Culp, C.L., THE REVOLUTION IN CORPORATE RISK MANAGEMENT: A DECADE OF INNOVATIONS IN PROCESS AND PRODUCTS. Journal of Applied Corporate Finance, 2002. 14(4): p. 8-26.

39. Culp, C.L., CONTINGENT CAPITAL: INTEGRATING CORPORATE FINANCING AND RISK MANAGEMENT DECISIONS. Journal of Applied Corporate Finance, 2002. 15(1): p. 46-56.

40. Culp, C.L. and J.B. Heaton, The Uses and Abuses of Finite Risk Reinsurance. Journal of Applied Corporate Finance, 2005. 17(3): p. 18-31.

41. Damodaran, A., Value and Risk: Beyond Betas. Financial Analysts Journal, 2005. 61(2): p. 38-43.

42. Diamond, D.W., Comment on "Bubbles and Capital Flow volatility: Causes and Risk Management". Journal of Monetary Economics, 2006. 53(1): p. 55-57.

43. Djankov, S., et al., Debt Enforcement around the World. Journal of Political Economy, 2008. 116(6): p. 1105-1149.

44. Doherty, N.A., Risk Management, Risk Capital, and the Cost of Capital. Journal of Applied Corporate Finance, 2005. 17(3): p. 119-123.

45. Doherty, N.A. and J. Lamm-Tennant, Lessons from the Financial Crisis on Risk and Capital Management: The Case of Insurance Companies. Journal of Applied Corporate Finance, 2009. 21(4): p. 52-59.

46. Dolde, W., et al., FOREIGN EXCHANGE EXPOSURE AND COST OF EQUITY FOR U.S. COMPANIES: LOCAL VERSUS GLOBAL CAPM Journal of Applied Finance, 2011. Forthcoming.

47. Dorfman, M.S. and S.C. Tippins, An Examination of Alternative Approaches to Risk Management and Insurance Research. Risk Management & Insurance Review, 2006. 9(1): p. 63-74.

48. Dowd, K., Assesing VaR Accuracy. Derivatives Quarterly, 2000: p. 3.

49. Dunham, L.M., Managerial Hedging Ability and Firm Risk. Journal of Economics and Finance, 2011. Forthcoming.

50. Eisdorfer, A., The Importance of Cash-Flow News for Financially Distressed Firms. Financial Management, 2007. 36(3): p. 33-48.

51. Emekter, R., B. Jirasakuldech, and P. Went, Rational Speculative Bubbles and Commodities Markets: Application of Duration Dependence Test. Applied Financial Economics, 2011. Forthcoming: p. 33.

52. Emm, E.E., G.D. Gay, and L. Chen-Miao, Choices and Best Practice in Corporate Risk Management Disclosure. Journal of Applied Corporate Finance, 2007. 19(4): p. 82-93.

53. Estrada, J., The Gain-Loss Spread: A New and Intuitive Measure of Risk. Journal of Applied Corporate Finance, 2009. 21(4): p. 104-114.

54. Fabozzi, F.J., R.J. Shiller, and R.S. Tunaru, Hedging Real Estate Risk. Journal of Portfolio Management, 2009. 35(5): p. 92-103.

55. Finley, B. and J. Pettit, Creating Value at the Intersection of Sourcing, Hedging and Trading. Journal of Applied Corporate Finance, 2011. 23(4): p. 83-89.

56. Foster, D.P. and S. Hart, An Operational Measure of Riskiness. Journal of Political Economy, 2009. 117(5): p. 785-814.

57. Fraser, J.R.S. and B.J. Simkins, Ten Common Misconceptions About Enterprise Risk Management. Journal of Applied Corporate Finance, 2007. 19(4): p. 75-81.

58. Froot, K.A., D.S. Scharfstein, and J.C. Stein, Risk Management: Coordinating Corporate Investment and Financing Policies. Journal of Finance, 1993. 48(5): p. 1629-1658.

59. Füss, R., N. Rottke, and J. Zietz, What Drives CEOs to Take on More Risk? Some Evidence from the Laboratory of REITs. Journal of Applied Corporate Finance, 2011. 23(1): p. 92-105.

60. Galloppo, G. and A. Rogora, What Has Worked in Operational Risk? Global Journal of Business Research, Vol. 5, No. 3, pp. 1-17, 2011.

61. Gay, G.D., J. Nam, and M. Turac, HOW FIRMS MANAGE RISK: THE OPTIMAL MIX OF LINEAR AND NON-LINEAR DERIVATIVES. Journal of Applied Corporate Finance, 2002. 14(4): p. 82-93.

62. Glaum, M., THE DETERMINANTS OF SELECTIVE EXCHANGE RISK MANAGEMENT–EVIDENCE FROM GERMAN NON-FINANCIAL CORPORATIONS. Journal of Applied Corporate Finance, 2002. 14(4): p. 108-121.

63. Guay, W. and S.P. Kothari, How much do firms hedge with derivatives? Journal of Financial Economics, 2003. 70(3): p. 423-461.

64. Hagelin, N. and B. Pramborg, Hedging Foreign Exchange Exposure: Risk Reduction from Transaction and Translation Hedging. Journal of International Financial Management & Accounting, 2004. 15(1): p. 1-20.

65. Harner, M.M., Ignoring the Writing on the Wall: The Role of Enterprise Risk Management in the Economic Crisis. Journal of Business and Technology Law, Vol. 5, p. 45, 2010, 2009.

66. Harner, M.M., Mitigating Financial Risk for Small Business Entrepreneurs. Ohio State Entrepreneurial Business Law Journal, Vol. 6, p. 469, 2011, 2011.

67. Harrington, S.E., G. Niehaus, and K.J. Risko, ENTERPRISE RISK MANAGEMENT: THE CASE OF UNITED GRAIN GROWERS. Journal of Applied Corporate Finance, 2002. 14(4): p. 71-81.

68. Haushalter, D., S. Klasa, and W.F. Maxwell, The influence of product market dynamics on a firm's cash holdings and hedging behavior. Journal of Financial Economics, 2007. 84(3): p. 797-825.

69. He, Q., et al., A Competing Risks Analysis of Corporate Survival. Financial Management, 2010. 39(4): p. 1697-1718.

70. Hoyt, R.E. and A.P. Liebenberg, The Value of Enterprise Risk Management. Journal of Risk and Insurance, 2011. 78(4): p. 795-822.

71. Irwin, S. and D. Sanders, The Impact of Index and Swap Funds on Commodities Futures Markets. Applied Economic Perspectives and Policy, 2011. Volume 33 Issue 1(Issue 1): p. 32 - 58.

72. Irwin, S.H., D.R. Sanders, and R.P. Merrin, Devil or angel? The role of speculation in the recent commodity price boom (and bust). Journal of Agricultural and Applied Economics, 2009. 41(2): p. 393-402.

73. Jankensgård, H., Measuring Corporate Liquidity Risk. Journal of Applied Corporate Finance, 2010. Vol. 22, 2010(Issue 4): p. 103-109.

74. Jin, Y. and P. Jorion, Firm Value and Hedging: Evidence from U.S. Oil and Gas Producers. Journal of Finance, 2006. 61(2): p. 893-919.

75. Julio, B. and Y. Yook, Political Uncertainty and Corporate Investment Cycles. The Journal of Finance, 2012. 67(1): p. 45-84.

76. Kaplan, S.N. and J.C. Stein, How risky is the debt in highly leveraged transactions? Journal of Financial Economics, 1990. 27(1): p. 215-245.

77. Kawaller, I.G., Hedging Currency Exposures by Multinationals: Things to Consider. Journal of Applied Finance, 2008. 18(1): p. 92-98.

78. Kesternich, I. and M. Schnitzer, Who is Afraid of Political Risk? Multinational Firms and Their Choice of Capital Structure. Journal of International Economics, 2010. Vol. 82, No. 2, 2010(2).

79. Kim, W. and T. Sung, What Makes Firms Manage FX Risk? Emerging Markets Review, 2005. 6(3): p. 263-288.

80. Lee, B.S. and J. Suh, Exchange Rate Changes and the Operating Performance of Multinationals. European Financial Management, Vol. 18, Issue 1, pp. 88-116, 2012, 2012.

81. Lee, Y.W. and J.D. Stowe, Product Risk, Asymmetric Information, and Trade Credit. Journal of Financial & Quantitative Analysis, 1993. 28(2): p. 285-300.

82. Levine, E.S., Estimating Conditional Probabilities of Terrorist Attacks: Modeling Adversaries with Uncertain Value Tradeoffs. Risk Analysis, 2011: p. no-no.

83. Lim, T., et al., The Derivatives Sourcebook. Foundations and Trends in Finance, 2005. Vol 1 Number 5/6: p. 365-572.

84. Lins, K.V., H. Servaes, and A. Tamayo, Does Fair Value Reporting Affect Risk Management? International Survey Evidence. Financial Management, 2011. 40(3): p. 525-551.

85. Liu, T. and C.A. Parlour, Hedging and competition. Journal of Financial Economics, 2009. 94(3): p. 492-507.

86. Loss, F., Optimal Hedging Strategies and Interactions between Firms. Journal of Economics & Management Strategy, 2012. 21(1): p. 79-129.

87. Love, I., L.A. Preve, and V. Sarria-Allende, Trade Credit and Bank Credit: Evidence from Recent Financial Crises. Journal of Financial Economics, 2007. 83(2): p. 453-469.

88. Malcomson, J.M., Do Managers with Limited Liability Take More Risky Decisions? An Information Acquisition Model. Journal of Economics & Management Strategy, 2011. 20(1): p. 83-120.

89. McShane, M.K., A. Nair, and E. Rustambekov, Does Enterprise Risk Management Increase Firm Value? Journal of Accounting, Auditing, and Finance, Forthcoming, 2010.

90. Mellios, C. and P. Six, The Traditional Hedging Model Revisited with a Nonobservable Convenience Yield. Financial Review, Vol. 46, Issue 4, pp. 569-593, 2011, 2011.

91. Merton, R.C., MIT Roundtable on Corporate Risk Management. Journal of Applied Corporate Finance, 2008. 20(4): p. 20-38.

92. Meulbroek, L.K., A SENIOR MANAGER'S GUIDE TO INTEGRATED RISK MANAGEMENT. Journal of Applied Corporate Finance, 2002. 14(4): p. 56-70.

93. Miller, R.T., The Board's Duty to Monitor Risk after Citigroup. U. of Pennsylvania Journal of Business Law, Vol. 12, p. 1153, 2010, 2010.

94. Minton, B.A. and C. Schrand, The impact of cash flow volatility on discretionary investment and the costs of debt and equity financing. Journal of Financial Economics, 1999. 54(3): p. 423-460.

95. Molina, C.A. and L.A. Preve, Trade Receivables Policy of Distressed Firms and Its Effect on the Costs of Financial Distress. Financial Management, 2009. 38(3): p. 663-686.

96. Molina, C.A. and L.A. Preve, An Empirical Analysis of the Effect of Financial Distress on Trade Credit. Financial Management, 2011. Forthcoming.

97. Pagach, D. and R. Warr, The Characteristics of Firms That Hire Chief Risk Officers. Journal of Risk & Insurance, 2011. 78(1): p. 185-211.

98. Pantzalis, C., B.J. Simkins, and P.A. Laux, Operational Hedges and the Foreign Exchange Exposure of U.S. Multinational Corporations. Journal of International Business Studies, 2001. 32(4): p. 793.

99. Purnanandam, A., Financial Distress and Corporate Risk Management: Theory and Evidence. Journal of Financial Economics, 2008. 87(3): p. 706-739.

100. Pytlik, Y. and J. Myers, Compliance Risk: A Critical Business Risk for Asset Managers. Journal of Securities Law, Regulation and Compliance, 2010. 3(2): p. 11.

101. Rampini, A.A. and S. Viswanathan, Collateral, Risk Management, and the Distribution of Debt Capacity. The Journal of Finance, 2010. 65(6): p. 2293-2322.

102. Rao, R.K. and G. Gutierrez, Shareholders' Wealth-Maximizing Operating Decisions and Risk Management Practices in a Mixed Contracts Economy. Production and Operations Management, March 2010, 2010.

103. Rauh, J.D., Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans. Review of Financial Studies, 2009. 22(7): p. 2687-2733.

104. Ronn, E.I. and A.K. Verma, Pricing Risk- Adjusted Deposit Insurance: An Option-Based Model. Journal of Finance, 1986. 41(4): p. 871-895.

105. Servaes, H., A. Tamayo, and P. Tufano, The Theory and Practice of Corporate Risk Management. Journal of Applied Corporate Finance, 2009. 21(4): p. 60-78.

106. Shah, V.R. and P. Srinivasan, Financial Engineering and Innovation as Risk Management Tools: The Case of Indian Companies During Global Financial Crisis. The IUP Journal of Risk & Insurance, Vol. 7, Nos. 1 & 2, pp. 50-66, January & April 2010, 2010.

107. Shimpi, P., INTEGRATING RISK MANAGEMENT AND CAPITAL MANAGEMENT. Journal of Applied Corporate Finance, 2002. 14(4): p. 27-40.

108. Shojai, S. and G. Feiger, Economists' Hubris - The Case of Risk Management. Journal of Financial Transformation, Vol. 28, pp. 25-35, April 2010, 2010.

109. Simkins, B., Enterprise Risk Management: Current Initiatives and Issues Journal of Applied Finance Roundtable. Journal of Applied Finance, 2008. 18(1): p. 115-132.

110. Smistad, R.E. and I. Pustylnick, Hedging, Hedge Accounting and Speculation: Evidence from Canadian Oil and Gas Companies. Global Journal of Business Research, Vol. 6, No. 3, p. 49-62, 2012, 2012.

111. Smith, C.W. and R.M. Stulz, The Determinants of Firms' Hedging Policies. Journal of Financial & Quantitative Analysis, 1985. 20(4): p. 391-405.

112. Smith, J.K. and C. Schnucker, An Empirical Examination of Organizational Structure: The Economics of the Factoring Decision. Journal of Corporate Finance, 1994. 1(1): p. 119-138.

113. Stoyanov, S.V., et al., Fat-Tailed Models for Risk Estimation. Journal of Portfolio Management, Vol. 37, No. 2, 2011, 2011.

114. Strebel, P. and L. Hongze, RISK MANAGEMENT STARTS AT THE TOP. Business Strategy Review, 2010. 21(1): p. 18-23.

115. Strub, I.S. and E.D. Baker, III, Downside Risk Management in Emerging Markets. Journal of Investment Consulting, Vol. 12, No. 1, 2011, 2011.

116. Stulz, R., Rethinking Risk Management. Journal of Applied Corporate Finance, 1996. 9(3 Fall 1996): p. 8-24.

117. Stulz, R.M., Optimal Hedging Policies. Journal of Financial & Quantitative Analysis, 1984. 19(2): p. 127-140.

118. Stulz, R.M., Demystifying Financial Derivatives. The Milken Institute Review, 2005: p. 12.

119. Stulz, R.M., Risk Management Failures: What Are They and When Do They Happen? Journal of Applied Corporate Finance, 2008. 20(4): p. 39-48.

120. Tchistyi, A., D. Yermack, and H. Yun, Negative Hedging: Performance-Sensitive Debt and CEOsâ€™ Equity Incentives. Journal of Financial and Quantitative Analysis, 2011. 46(03): p. 657-686.

121. Thompson, J.R., COUNTERPARTY RISK IN FINANCIAL CONTRACTS: SHOULD THE INSURED WORRY ABOUT THE INSURER? Quarterly Journal of Economics, 2010. 125(3): p. 1195-1252.

122. Titman, S., The Effect of Forward Markets on the Debt-Equity Mix of Investor Portfolios and the Optimal Capital Structure of Firms. Journal of Financial & Quantitative Analysis, 1985. 20(1): p. 19-27.

123. Trainor Jr, W.J., Do Leveraged ETFs Increase Volatility. Technology & Investment, 2010. 1(3): p. 215-220.

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Unpublished Working Papers

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1. Acharya, V.V., D.M. Gale, and T. Yorulmazer, Rollover Risk and Market Freezes, in SSRN eLibrary. 2009.

2. Allayannis, G. and M.J. Schill, Financial Policies and Hedging, in SSRN eLibrary. 2010.

3. Arnold, V., et al., Enterprise Risk Management as a Strategic Governance Mechanism in B2B-Enabled Transnational Supply Chains, in SSRN eLibrary. 2012.

4. Atamer, M., S.M. Bartram, and G.W. Brown, How Important is Financial Risk?, in SSRN eLibrary. 2009.

5. Babenko, I. and Y. Tserlukevich, Real Investment and Financial Hedging, in SSRN eLibrary. 2011.

6. Barigozzi, F., et al., Cooperation in Risk-Sharing Agreements, in SSRN eLibrary. 2011.

7. Barone-Adesi, G. and G. Corvasce, Financial Crisis: Estimating the Risk of Assets in Balance, in SSRN eLibrary. 2009.

8. Bartram, S.M., N. Burns, and J. Helwege, Foreign Currency Exposure and Hedging: Evidence from Foreign Acquisitions, in SSRN eLibrary. 2009.

9. Bettis, C., J. Bizjak, and S. Kalpathy, Insider's Use of Hedging Instruments: An Empirical Examination. 2009.

10. Bialkowski, J.P., et al., Is There a Speculative Bubble in the Price of Gold?, in SSRN eLibrary. 2011.

11. Bodnar, G.M., et al., Managing Risk Management, in SSRN eLibrary. 2011.

12. Bolton, P., H. Chen, and N. Wang, Market Timing, Investment, and Risk Management, in SSRN eLibrary. 2011.

13. Bolton, P., H. Chen, and N. Wang, Market Timing, Investment, and Risk Management, in SSRN eLibrary. 2011.

14. Bonaime, A.A., K.W. Hankins, and J. Harford, Financial Flexibility, Risk Management, and Payout Choice, in SSRN eLibrary. 2011.

15. Boons, M., F. de Roon, and M. Szymanowska, The Stock Market Price of Commodity Risk. 2011.

16. Boucher, C. and B.B. Maillet, The Riskiness of Risk Models, in SSRN eLibrary. 2011.

17. Briere, M. and O. Signori, Hedging Inflation Risk in a Developing Economy, in SSRN eLibrary. 2011.

18. Brooks, R.E., A Life Cycle View of Enterprise Risk Management: The Case of Southwest Airlines Jet Fuel Hedging, in SSRN eLibrary. 2010.

19. Brown, M., K. Kirschenmann, and S.R. Ongena, Foreign Currency Loans - Demand or Supply Driven?, in SSRN eLibrary. 2009.

20. Byoun, S., J. Kim, and S.S. Yoo, Risk Management with Leverage: Evidence from Project Finance, in SSRN eLibrary. 2011.

21. Carter, D.A., et al., Regime Dependency of Exposure Coefficients and Hedging Behavior in US Airline Industry 2010.

22. Casassus, J., P. Liu, and K. Tang, Long-Term Economic Relationship and Correlation Structure in Commodity Markets. 2010. p. 51.

23. Charpentier, A. and B. Le Maux, Natural Catastrophe Insurance: When Should the Government Intervene?, in SSRN eLibrary. 2011.

24. Chen, J., An Intuitive Understanding of the Black-Scholes Formulas, in SSRN eLibrary. 2010.

25. Chertok, D.L., Leverage as a Measure of Risk, in SSRN eLibrary. 2009.

26. Dewenter, K.L., C.M. Schrand, and C. Wang, The Impact of Currency Risk on US MNCs: Evidence from Currency Crises, in SSRN eLibrary. 2011.

27. Dionne, G. and K. Ouederni, Corporate Risk Management and Dividend Signaling Theory, in SSRN eLibrary. 2010.

28. Doherty, N.A., J.R. Garven, and S. Sinclair, Noise Hedging and Executive Compensation, in SSRN eLibrary. 2010.

29. Durnev, A., Politics, Instability, and International Investment Flows, in SSRN eLibrary. 2011.

30. Fabbri, D. and L.F. Klapper, Market Power and the Matching of Trade Credit Terms, in The World Bank, Policy Research Working Paper Series: 4754. 2008, SSRN.

31. Fabozzi, F.J., R.J. Shiller, and R. Tunaru, Property Derivatives for Managing European Real-Estate Risk, in SSRN eLibrary. 2009.

32. Fayad, C., R.C. Fortich, and I. Velez-Pareja, Forecasting Foreign Exchange Rate in Colombia Assuming PPP Conditions: Empirical Evidence Using VAR (in Spanish), in SSRN eLibrary. 2009.

33. Fazillah, M., T.S. Hui, and N.A. Azizan, The Relationship between Hedging Through Forwards, Futures & Swaps and Corporate Capital Structure in Malaysia, in SSRN eLibrary. 2008.

34. Ferguson, M.F., J.A. Overdahl, and B. Qiu, Corporate Hedging and Financial Contracting, in SSRN eLibrary. 2011.

35. Frantz, M., How Much Cash is at Risk? Evidence from U.S. Non-Financial Firms, in International Conference of the French Finance Association (AFFI), May 2011. 2011.

36. Gamba, A. and A.J. Triantis, Disintegrating Risk Management, in SSRN eLibrary. 2009.

37. Garfinkel, J.A. and K.W. Hankins, The Role of Risk Management in Mergers and Merger Waves, in SSRN eLibrary. 2010.

38. Gergeta, S. and A. Valentincic, A Multinomial Model of Trade Credit Risk using Data on Individual Trade-Credit Transactions, in SSRN eLibrary. 2007.

39. Ghesquiere, F. and O. Mahul, Financial Protection of the State Against Natural Disasters: A Primer, in SSRN eLibrary. 2010.

40. Giandomenico, R., Valuing an American Put Option, in SSRN eLibrary. 2006.

41. Gilbert, C.L., Commodity Speculation and Commodity Investment. 2008, Universita degli Studi di Trento. p. 41.

42. Gilbert, C.L., Speculation, Investment and Metal Markets, in Multi-year expert meeting on Commodities and Developement. 2009: Geneva. p. 21.

43. Gopalan, R., F. Song, and V. Yerramilli, Do Credit Rating Agencies Underestimate Liquidity Risk?, in SSRN eLibrary. 2009.

44. Gourio, F., Credit Risk and Disaster Risk, in SSRN eLibrary. 2011.

45. Greenbaum, S.I., Enterprise Risk Management in Financial Intermediation, in SSRN eLibrary. 2011.

46. Grody, A.D., P.J. Hughes, and S. Toms, Risk Accounting - A Next Generation Risk Management System for Financial Institutions, in SSRN eLibrary. 2009.

47. Kahl, M., J. Lunn, and M. Nilsson, Operating Leverage and Corporate Financial Policies, in SSRN eLibrary. 2011.

48. Keller, C., P. Kunzel, and M. Souto, Measuring Sovereign Risk in Turkey: An Application of the Contingent Claims Approach, in SSRN eLibrary. 2007.

49. Korkeamaki, T. and D. Xu, Institutional Investors and Foreign Exchange Risk, in SSRN eLibrary. 2011.

50. Korniotis, G., Does Speculation Affect Sport Price Levels? The case of Metals with and whithout Futures Markets, in Finance and Economics Series Dicision of Research and Statistics and Monetary Affairs, Federal Reserve Bank Washington DC. 2009, Federal Reserve Bank Washington DC: Washington DC. p. 39.

51. Kumar, P. and R. Rabinovitch, Managerial Entrenchment and Corporate Risk Management, in SSRN eLibrary. 2010.

52. Kumar, P. and R. Rabinovitch, CEO Entrenchment and Corporate Risk Management, in SSRN eLibrary. 2011.

53. Langkamp, C., Counterparty Credit Risk Management in Industrial Corporates. 2011.

54. Larsson, K. and M. Nossman, Risk Management of Co-Integrated Commodities, in SSRN eLibrary. 2011.

55. Lin, C.-M., G.D. Gay, and S.D. Smith, Corporate Derivatives Use and the Cost of Equity, in SSRN eLibrary. 2010.

56. Liu, J. and L.N. Switzer, Liquidity Risk, Firm Risk, and Issue Risk Premium Effects on the Abnormal Returns to New Issues of Convertible Bonds, in SSRN eLibrary. 2009.

57. Magee, S., The Effect of Foreign Currency Hedging on External Financing, in SSRN eLibrary. 2009.

58. Martens, M.P. and J.G. Duyvesteyn, Explaining and Predicting Sovereign Credit Risk with Exchange Rate Volatility, in SSRN eLibrary. 2011.

59. McShane, M.K., L.A. Cox, and T. Zhang, Risk Allocation Across the Enterprise: Evidence from the Insurance Industry, in SSRN eLibrary. 2011.

60. Mikes, A., Measuring and Envisioning Risks: Boundary-Work in Risk Management, in SSRN eLibrary. 2010.

61. Mou, Y., Limits to Arbiutrage adn Commodity Index investment: Front-Running the Goldman Roll. 2010. p. 53.

62. Padhi, P., Derivatives and Asymmetric Response of Volatility to News in Indian Stock Market, in SSRN eLibrary. 2008.

63. Pastor, L. and P. Veronesi, Political Uncertainty and Risk Premia. 2011, University of Chicago.

64. Pflüger, M. and S. Russek, Business Conditions and Default Risks Across Countries, in SSRN eLibrary. 2011.

65. Pirson, M. and S. Turnbull, Corporate Governance, Risk Management, and the Financial Crisis - An Information Processing View, in SSRN eLibrary. 2010.

66. Reynolds, M., G.S. Bhabra, and G. Boyle, Cash Flow, Investment and Derivative Use: An Empirical Analysis of New Zealand Listed Companies, in SSRN eLibrary. 2007.

67. Ribeiro Coutinho, J.R., Sr., H.H. Sheng, and M.I. Lora, The Use of FX Derivatives and the Cost of Capital: Evidence of Brazilian Companies, in SSRN eLibrary. 2011.

68. Rossi, J.L., Hedge or Speculation? Evidence of the Use of Derivatives by Brazilian Firms During the Financial Crisis, in SSRN eLibrary. 2011.

69. Rotenberg, W., Hedging Strategies of Non-Financial Firms under Different Economic Conditions 2010.

70. Sting, F.J. and A. Huchzermeier, Operational Hedging and Diversification Under Supply and Demand Uncertainty, in SSRN eLibrary. 2011.

71. Stoll, H. and R. Waley, Commodity Index Investing and Futures Prices. 2009. p. 69.

72. Tang, K. and W. Xiong, Index Investment and Financialization of Commodities. 2011. p. 46.

73. Tham, J., Risk-neutral Valuation: A Gentle Introduction (1), in SSRN eLibrary. 2001.

74. Tham, J., Risk-neutral Valuation: A Gentle Introduction (2), in SSRN eLibrary. 2001.

75. Verschoor, W.F., A. Muller, and R. Jongen, Using Survey Data to Resolve the Exchange Risk Exposure Puzzle: Evidence from U.S. Multinational Firms, in SSRN eLibrary. 2009.

76. Vithessonthi, C., The Exchange Rate Exposure of Thai Banks: Evidence from 2004-2008, in SSRN eLibrary. 2010.

77. Vivel Búa, M., L. Otero González, and S. Fernandez Lopez, Corporate Hedging Theories and Foreign Currency Debt: A Review of the Evidence, in SSRN eLibrary. 2009.

78. Wehrspohn, U. and S. Zhilyakov, Rapid Prototyping of Monte-Carlo Simulations, in SSRN eLibrary. 2011.

79. Zhu, M.R., Corporate Hedging, Financial Distress, and Product Market Competition, in SSRN eLibrary. 2011.

Articules in other publications

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1. SPOTLIGHT ON RISK, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 67-67.

2. Ballou, B. and D.L. Heitger, Integrating governance risk and reporting to create long-term value, in Strategic Finance. 2008, Institute of Management Accountants. p. 36-41.

3. Beasley, M.S. and M.L. Frigo, STRATEGIC RISK MANAGEMENT: CREATING AND PROTECTING VALUE. (cover story), in Strategic Finance. 2007, Institute of Management Accountants. p. 25-53.

4. Borinson, A. and G. Hamm, How to Manage Risk (After Risk Management Has Failed), in MIT Sloan Management Review. 2010, MIT. p. 51-57.

5. Bremmer, I., Gestionar el riesgo en un mundo inestable, in Harvard Business Review. 2005. p. 102 - 108.

6. Buehler, K., A. Freeman, and R. Hulme, The New Arsenal of Risk Management, in Harvard Business Review. 2008, Harvard Business School Publication Corp. p. 92-100.

7. Buehler, K., A. Freeman, and R. Hulme, Owning the Right Risks, in Harvard Business Review. 2008, Harvard Business School Publication Corp. p. 102-110.

8. Cosack, S., M. Guthridge, and E. Lawson, Retaining key employees in times of change, in McKinsey Quarterly. 2010, McKinsey & Co.

9. Culp, C.L., Playing the Odds, in McKinsey & Company. 2004. p. 31 - 33.

10. Dawson, M.A., Integrating Compliance Risk Management into Enterprise Risk Management, in Bank Accounting and Finance. 2008. p. 4.

11. de Treville, S. and L. Trigeorgis, It May Be Cheaper to Manufacture at Home, in Harvard Business Review. 2010, Harvard: Boston, MA.

12. Desai, M.A., The Finance Function in a Global Corporation, in Harvard Business Review. 2008, Harvard Business School Publication Corp. p. 108-112.

13. Eisenmann, C., When Hackers Turn to Blackmail, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 39-48.

14. Fisher, B. and A. Kumar, The Right Way to Hedge, in Mc Kinsey on Finance. 2010, McKinsey & Company. p. 2.

15. Frigo, M.L. and R.J. Anderson, Is it time to consider a Risk Committee?, in Strategic Finance. 2009. p. 42 - 46.

16. Frigo, M.L. and R.J. Anderson, A Strategic Framework for Governance, Risk, and Compliance, in Strategic Finance. 2009, Institute of Management Accountants. p. 20-61.

17. Froot, K.A., D.S. Scharfstein, and J.C. Stein, A Framework for Risk Management, in Harvard Business Review. 1994, Harvard Business School Publication Corp. p. 91-102.

18. Girotra, K. and S. Netessine, How to Build Risk into Your Business Model, in Harvard Business Review. 2011, Harvard. p. 100-105.

19. Glatzel, C., J. Großpietsch, and I. Silva, Is your top team undermining your supply chain?, in McKinsey Quarterly. 2011, McKinsey & Co.

20. Goedhart, M.H. and P. Haden, Emerging markets aren't as risky as you think, in McKinsey Quarterly. 2003, McKinsey & Company, Inc. p. 66-73.

21. Henisz, W.J. and B.A. Zelner, The Hidden Risks in Emerging Markets, in Harvard Business Review, Harvard Business School Publication Corp. p. 88-95.

22. Ignatius, A., The Trouble with Risk, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 16-16.

23. Kaplan, R.S., et al., MANAGING RISK IN THE NEW WORLD, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 68-75.

24. Kraljic, P., Purchasing must become supply management, in Harvard Business Review. 1983. p. 109-117.

25. Lester, A., The 10 Trends You Have to Watch, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 132-133.

26. Likierman, A., The Five Traps of Performance Measurement, in Harvard Business Review. 2009, SchmalenseeHarvard Business School Publication Corp. p. 96-101.

27. Malik, Y., A. Niemeyer, and B. Ruwadi, Building the supply chain of the future, in McKinsey Quarterly. 2011, McKinsey. p. 1-10.

28. Parise, S., R. Cross, and T.H. Davenport, Strategies for Preventing a Knowledge-Loss Crisis, in MIT Sloan Management Review. 2006. p. 31-38.

29. Preve, L., La Gestión Estratégica del Riesgo Corporativo: Part I in Revista Antiguos Alumnos 2008. p. 56 - 59.

30. Preve, L., La Gestión Estratégica del Riesgo Corporativo: Part II, in Revista Antiguos Alumnos. 2008. p. 82 - 85.

31. Preve, L., La Gestión de Riesgo y la Crisis Financiera Internacional, in Revista de Antiguos Alumnos IAE. 2009. p. 56 - 58.

32. Preve, L., La Gestión del Riesgo Corporativo, in Alzas y Bajas. 2011: Buenos Aires, Argentina. p. 38-40.

33. Slywotsky, A.J. and J. Drzik, Contrarrestar el mayor de todos los riesgos, in Harvard Business Review. 2005. p. 58 - 69.

34. Sobel, P.J. and K.F. Reding, Aligning Corporate Governance with Enterprise Risk Management, in Management Accounting Quarterly. 2004, Institute of Management Accountants. p. 29-37.

35. Stickgold, R., The Simplest Way to Reboot Your Brain, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 36-36.

36. Strack, R., J. Baier, and A. Fahlander, Cómo gestionar el riesgo demográfico, in Harvard Business Review. 2008. p. 1 - 11.

37. Stulz, R.M., 6 Ways Companies Mismanage Risk, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 86-94.

38. Taleb, N.N., D.G. Goldstein, and M.W. Spitznagel, THE SIX MISTAKES EXECUTIVES MAKE IN RISK MANAGEMENT, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 78-81.

39. von Krogh, G. and S. Raisch, Focus Intensely on a Few Great Innovation Ideas, in Harvard Business Review. 2009, Harvard Business School Publication Corp. p. 32-32.

40. Weinberger, D.B., et al., Using Derivatives: What Senior Managers Must Know, in Harvard Business Review. 1995, Harvard Business School Publication Corp. p. 33-41.