Euron och europeisk prisutveckling i ett svenskt perspektiv

Research output: Contribution to specialist publication or newspaperSpecialist publication article


A strategically minded CFO will realize that strategic corporate risk management is about finding the right balance between risk prevention and proactive value generation. Efficient risk and performance management requires adequate assessment of risk and risk exposures on the one hand and performance on the other. Properly designed, a risk measure should provide information on to what extend the firm's performance is at risk, what is causing that risk, the relative importance of non-value-adding and value-adding risk, and the possibilities to use risk management to reduce total risk. In this chapter, we present an approach - exposure-based cash-flow-at-risk - to calculating a firm's downside risk conditional on the firm's exposure to non-value-adding macroeconomic and market risk and to analyzing corporate performance adjusted for the impact of non-value-adding risk.


Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Business Administration
  • Economics and Business
Original languageSwedish
Issue number3
Specialist publication or newspaperEkonomisk Debatt
Publication statusPublished - 2002
Publication categoryPopular science

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