1. The Role of Financial Managers
Finally, financial managers must monitor and control all aspects of the firms risk in order to maintain a balance of risk and return that is consistent with share-price maximization. ... Historically, risk management has involved identifying a firm's risk exposures and using insurance products or self-insurance to manage those exposures. The risk-management function has now grown to encompass the identification, measurement, and management of all types of risk exposures. ... The techniques for managing these risks are among the most sophisticated of all corporate finance practices. The ...
- Word Count: 1383
- Approx Pages: 6
- Grade Level: Graduate