What's all the fuss about?
Article Abstract:
Derivatives are instruments that call for money to change hands at some future date, with the amount to be determined by one or more reference items, such as interest rates, stock prices, or currency values. Some believe that derivatives have helped to avoid a financial crisis by spreading risk throughout the financial system in the wake of the vicious bear market of 2001-2003 in Europe and America, whereas others regard derivatives as time bombs that will one day plunge the world's financial system into meltdown.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2004
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The real cost of stateside litigation
Article Abstract:
The change in the political environment after 9/11 attacks and scandals such as Enron and WorldCom mean that the US is increasingly prepared to reach outside its national borders to protect its interests, and as a result, multinational companies are finding themselves subject to the risk of litigation in the US. A discussion on the risks the company boards must be aware of, when running their businesses, and the steps they can take to minimize the chances of civil or criminal liability in the US, is presented.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2006
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How much slack?
Article Abstract:
The process of downsizing, often accompanied by outsourcing, might reduce the ability of an enterprise to control all its activities, and also affect its risk management processes. It is essential to identify all the risks that might have impact on the business and objectives of an organization, considering both, the downside involving the risk and damage in the organization and the upside involving the opportunities from which it might benefit.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2006
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