Click Here to Download: https://ouo.io/ta76QH Strategic Risk Taking By: Aswath Damodaran Publisher: FT Press PTG Print ISBN: 9780137043774, 0137043775 eText ISBN: 9780132715997, 0132715996 Edition: 1st Pages: 408 Copyright year: 2008 Format: EPUB Available from $ 54.99 USD SKU 9780132715997 In business and investing, risk has traditionally been viewed negatively: investors and companies can lose money due to risk and therefore we typically penalize companies for taking risks. That’s why most books on risk management focus strictly on hedging or mitigating risk. But the enterprise’s relationship with risk should be far more nuanced. Great companies become great because they seek out and exploit intelligent risks, not because they avoid all risk. Strategic Risk Taking: A Framework for Risk Management is the first book to take this broader view, encompassing both risk hedging at one end of the spectrum and strategic risk taking on the other. World-renowned financial pioneer Aswath Damodaran–one of BusinessWeek’s top 12 business school professors–is singularly well positioned to take this strategic view. Here, Damodaran helps you separate good risk (opportunities) from bad risk (threats), showing how to utilize the former while protecting yourself against the latter. He introduces powerful financial tools for evaluating risk, and demonstrates how to draw on other disciplines to make these tools even more effective. Simply put, Damodaran has written the first book that helps you use risk to increase firm value, drive higher growth and returns, and create real competitive advantage. • Risk: the history and the psychology The non-financial realities you must understand to successfully manage risk • Risk assessment: from the basics to the cutting edge Risk Adjusted Value, probabilistic approaches, Value at Risk, and more • Utilizing the power of real options Extending option pricing models to reflect the potential upside of risk exposure • Risk management: the big picture Integrating traditional finance with corporate strategy–and using risk strategically Additional ISBNs 9780137043774, 9780131990487, 9780132364324, 9780132715997, 0137043775, 0131990489, 0132364328, 0132715996
