Backtesting Value-at-Risk Models Kansantaloustiede Maisterin tutkinnon tutkielma Olli Nieppola 2009 Kansantaloustieteen laitos HELSINGIN KAUPPAKORKEAKOULU HELSINKI SCHOOL OF ECONOMICS HELSINKI SCHOOL OF ECONOMICS Department of Economics BACKTESTI G VALUE-AT-RISK MODELS Master’s Thesis in Economics Olli Nieppola Spring Term 2009 Approved by the Head of the Economics Department ___/___ 200___ and awarded the grade ____________________________________________ Author:
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Analysis of Unilever’s Risks and Risk Management Strategies Introduction With the rapid development of modern economy‚ companies are always exposed to risks which are penetrating to all walks of life and not only exist in the products market‚ but also exist in financial market (Ballou‚ 2005). It is undoubtedly that risks jeopardize the company’s development in that they may increase the cost of a company’s operation and make it harder for a company to make a crucial decision. Accordingly‚ it is
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Homework 2 Solution‚ Fin 500Q‚ Quantitative Risk Management 1. Assume gold price risk is diversifiable‚ and the riskless rate is 5%. A firm produces a unit of gold a year from today. Assume all interest is compounded annually and is tax deductible. The price of gold is either $500 or $200‚ each with probability 0.5. Suppose the firm pays taxes at a rate of 40% for all its cash flow in excess of $300. The value of the firm is the expected discounted value of its cash flow less the expected discounted value
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Chapter Supply-Chain Management Discussion Questions 1. Supply-chain management is the management of the activities that procure raw materials‚ transform them into intermediate goods and final products‚ and deliver the products to customers through a distribution system. 2. The supply-chain function’s role is to help identify the products and services that can best be obtained externally; develop‚ evaluate‚ and determine the best supplier‚ price‚ and delivery for them. 3. The objective of logistics
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State Farm Risk Register Xavier Smith Western Governors University State Farm Risk Register State Farm has chosen to further to its already-existing operations in Canada‚ with the result of capturing millions of new customers. These customers will require both brick-and-mortar and telephonic support. Brick-and-mortar locations number in the thousands and continue to grow. With the acquisition of a greater number of customers‚ these locations will be able to absorb and support a respectable
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|Problem # 1: Risk for injury | |General Goal : Patient will be free from injury | |Predicted Behavioral Outcome Objective: Patient will verbalize appropriate interventions to take minimize the risk for falls by discharge. | |
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Clinical Governance and Risk Management have become increasingly important over the last decade in the various fields of nursing. The development of the concept of clinical governance will be discussed and how it can be facilitated into practice with relation to learning disabilities nursing. Clinical Governance was first introduced in the White Paper ‘The New NHS: Modern‚ dependable’ (DoH‚ 1997). Donaldson (1998) viewed clinical governance as the vehicle to achieve‚ locally‚ continuous improvements
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Insurance and Risk Management Section A: 1 – 20: each question carries 1-mark Section B: 21 – 31: each question carries 2-mark Section C: 32-38: each question carries 4-mark Section A 1. What does risk imply? a) Bright future b) Doubt about future c) Worse position d) No future 2. Chance may be defined as: a) A favourable outcome b) A different outcome c) Fluctuating outcome d) Undefined outcome 3. One of the following is not the meaning of Risk – a) Risk as the cause b) Risk as loss c) Risk as the
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S TUDENT HANDBOOK (PGDHHM) 2010-11 HOSPITAL SUPPORTIVE SERVICES Instruct io ns: Answer any 5 questions . Each qu e st io n carr ie s 20 MarksT o tal marks 100 1. What are Public Relations? Discuss its importance in ahospital and methods to promote good Public Relations 2. Purchase and management of stores require effectiveplanning and implementation Discuss how you will organizethis function in a 300 bedded hospital 3. Discuss the importance of house keeping
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diversity of cultures embedded in the merged organization‚ what should the management team do to facilitate a working culture in the new organization? How should the duplication of services and departments be handled? How do the physicians work with administration to share power and resources within the new consolidated hospital? What specific steps should the board take to create an executive team to manage the newly created organization? Given the diversity of cultures embedded in
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