The Communication Of Quantitative Information On Market Risk Using Graphics In The Annual Reports Of Banks And Securities Firms
The explosive growth of the derivatives markets1 and the highly publicised recent losses11 have created concerns among various parties about the possibility of increasing systemic risk. Systemic risk is the risk that a disruption ( in a firm, in a market segment, to a settlement system, etc.) cau...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management (AAM)
1999
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| Subjects: | |
| Online Access: | http://eprints.usm.my/35315/ http://eprints.usm.my/35315/1/4-1-1.pdf |
| Summary: | The explosive growth of the derivatives markets1 and the highly publicised recent
losses11 have created concerns among various parties about the possibility of
increasing systemic risk. Systemic risk is the risk that a disruption ( in a firm, in a
market segment, to a settlement system, etc.) causes widespread difficulties in other
firms, in other market segments or to the financial system as a whole (see Shah
1977 for details). |
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