Risk Management and Value Creation in ... - Arabictrader.com

320 INDEX
Incentive(s), 22, 33, 45, 75–76, 81–
82, 84–85, 86–90, 93–94, 106,
114, 120, 122–123, 138, 146–
147, 196, 209, 213–214, 239,
242, 246, 252, 257–258, 270
management, 77, 83, 87, 95, 108,
241
pecuniary, 214
Income:
after-tax, 118–119
fee-based, 141, 197
non-interest, 140
pretax, 116–118, 120
stream, 11, 25, 31, 60, 84
Index:
fund, 42
performance, 37–38
Industry:
analyst(s), 56
expert(s), 56
Information:
asymmetric, 28, 75–77, 79, 81, 87,
97–98, 114, 134, 149, 270,
276, 280
asymmetries. See Information,
asymmetric
complete, 14, 59
insiders, 81
outsiders, 81
Input:
equity related, 231
liability related, 231
Insolvency, 89, 111, 156
Insulation from risks beyond control,
89, 246
Insurance:
actuarial, for event risk, 40
as risk management approach, 41,
60, 122, 200–201, 278–279
catastrophe 201
external or third party, 42, 122,
200, 279
note, 263–264
self or internal, 42, 200, 201, 279
pool, 152, 161, 171, 252, 264
premium(s), 152, 155, 238, 248
Interbank market, 144
Interdependency, of capital budgeting,
capital structure, and risk
management, 98, 133, 269,
274, 280
Interest income, gross, 243
Intermediaries, 62, 72–73, 113–114,
136,
Intermediation (financial), 2, 28–29,
79, 145
Intervention:
government, 123, 142, 147
management, 195, 214–215
regulatory, 150, 158, 162, 219
Investment(s):
firm-specific, 82
non-value maximizing, 63
risk-free, 153, 155, 163
value-enhancing, 32
Investment horizon, 100
Investment opportunities, (lucrative),
94, 98–99, 102–103, 105
changing or stochastic, 77, 102
nonstochastic or fixed, 59, 77, 101–
102
Investment policy, 81, 93
Investment projects, 93–94, 97, 100,
102
Investor(s):
activism, 10
community, 10
institutional, 10
not well-diversified, 65, 69
well-diversified, 24, 60, 130
Key competency, 136
KMV, 220
Knowledge, internal, 236
Lending:
business model, unbundling, 281
guidelines, 182, 237
policy, 182
Leptokurtosis. See Tail(s), fat
Level of confidence. See Confidence
level
Leverage, 1, 14, 47, 57, 75–76, 80, 86,
122, 138–139, 147, 229, 234