Value and risk
The corporation is often viewed as a nexus of contracts. That view is slightly altered here. The corporation is viewed as a nexus of risks. The management of the corporation may then be thought of as the selection and management of the risks in a way that creates value. This I perspective is applied...
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| Veröffentlicht in: | Journal of banking & finance 2002-03, Vol.26 (2), p.297-301 |
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| Format: | Artikel |
| Sprache: | eng |
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| container_end_page | 301 |
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| container_issue | 2 |
| container_start_page | 297 |
| container_title | Journal of banking & finance |
| container_volume | 26 |
| creator | MacMinn, Richard D |
| description | The corporation is often viewed as a nexus of contracts. That view is slightly altered here. The corporation is viewed as a nexus of risks. The management of the corporation may then be thought of as the selection and management of the risks in a way that creates value. This I perspective is applied in a discussion of the three articles presented in this session. |
| doi_str_mv | 10.1016/S0378-4266(01)00223-0 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0378-4266 |
| ispartof | Journal of banking & finance, 2002-03, Vol.26 (2), p.297-301 |
| issn | 0378-4266 1872-6372 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_38372568 |
| source | RePEc; ScienceDirect Journals (5 years ago - present) |
| subjects | Banking Compensation Enterprises Executive compensation Finance Leverage Management Management compensation Portfolio management Risk Risk management Value |
| title | Value and risk |
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