Homespun remedies to earnings risk
Article Abstract:
The inadequacy of software systems to address the specific risk management needs of different firms has forced companies to devise their own systems such as Value-at-Risk methods. Firms such as Alcoa, which has needs specific to energy commodities, could not be accommodated by risk-management systems on the market which were designed with banking firms in mind. Alcoa's system utilizes the firm's intranet and allows managers to monitor commodity risk and status.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1998
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A bouquet of possibilities
Article Abstract:
Corporate treasurers have devised a number of financial management strategies in optimizing the value of their short-term investments. Wind River Systems, for instance, has decided to invest its short-term cash in high-quality commercial papers and money market funds to protect it from financial risks. Such a strategy has worked well for Wind River, which specializes in embedded operating systems.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1999
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VAR's bean-counter dilemma
Article Abstract:
Value-at-risk (VAR) modelling technique being advocated by Securities and Exchange Commission and the Financial Accounting Standards Board may complicate the jobs of treasurers as it does not model risks correctly. VAR modelling is more of an analytical tool than a decision support system because of the asymmetric risk profile of corporate management and thus may be a pitfall for some treasurers.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1998
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