Risk Management Challenge and Opportunity

摘要

This is a book review of Frenkel, Hommel and Rudolf (2005) Risk Management Challenge and Opportunity. This book has emerged as one ofthe very insightful excellent publications that cover a variety of diverse aspects of risk management in the banking sector, insurance and other corporate companies. The primary purpose is to supply context and provide concrete evidence to highlight the importance of risk management, particularly in reducing the impact of market volatility and other related risks. Consequently, some have embarked on strategic approaches in avoiding market forces, which have made valuable contributions to the field of risk management.