Balance Sheet: Volume 10 Issue 3
Table of contents
Economic capital: at the heart of managing risk and value
Jeremy ScottThe calculation of economic capital in its entirety has, until recently, been complex. But increasingly it has become a risk‐management system across entire groups. The author…
Corporate governance and the development of global capital markets
Howard DaviesIn this article, drawn from a speech Howard Davies made to the Securities regulatory Commission in China, the author contrasts the efforts which are being made in developing…
The Smithers’ view: a rocky road ahead for Japan and the USA
Robert BruceAndrew Smithers is a leading UK economist and pundit. This outline of a talk which he gave to the UK Asset and Liability Management Association earlier this year looks at the…
Industrial strengths: operational risk and banks
Michael MainelliBanks are often smug about their management of risk. Smugness may well be justified for market and credit risks, but banks can learn much from industry about managing operational…
Insurance companies: waking up to international standards
Nigel Masters, Eric DupontInternational Accounting Standards are steadily becoming the norm. The European Union agreement that all listed companies in Europe must comply by the year 2005 has hastened the…
Corporate treasurers: an ally to treasure
Richard RaeburnThe author argues that in difficult times for risk and corporate governance the corporate treasurer is increasingly the most valuable source of information for non‐executive…