| Strategic Risk Taking: A Framework for Risk Management (Paperback) Contributor(s): Damodaran, Aswath (Author) |
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ISBN: 0137043775 ISBN-13: 9780137043774 Publisher: FT Press OUR PRICE: $46.74 Product Type: Paperback - Other Formats Published: August 2007 * Not available - Not in print at this time * |
| Additional Information |
| BISAC Categories: - Business & Economics | Strategic Planning - Business & Economics | Corporate Finance - General |
| Dewey: 658.155 |
| Physical Information: 0.9" H x 7.2" W x 9.1" (1.49 lbs) 408 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |