Credit rating agencies play a critical role in capital markets, guiding the asset allocation of institutional investors as private capital moves freely around the world in search of the best trade-off between risk and return. However, they have also been strongly criticised for failing to spot the Asian crisis in the early 1990s, the Enron, WorldCom and Parmalat collapses in the early 2000s and finally for their ratings of subprime-related structured finance instruments and their role in the current financial crisis.
If you thought negotiating deals and agreements is tough in today's business environment, then you should try doing so in prehistoric times! This book follows our two cavemen characters, Tork and Grunt, in their quest to ensure the survival of their tribe. Through the experiences of our two cavemen, you will learn everything you need to conduct a successful negotiation and reaching a win-win outcome. They show how conventional bargaining from opposing positions generally fails to reach a satisfactory conclusion and how it is important to identify all the issues affecting both parties.
The primary goal of this text is to present the theoretical foundation of the field of Fourier analysis. This book is mainly addressed to graduate students in mathematics and is designed to serve for a three-course sequence on the subject. The only prerequisite for understanding the text is satisfactory completion of a course in measure theory, Lebesgue integration, and complex variables. This book is intended to present the selected topics in some depth and stimulate further study.
Risk Management in Financial Institutions: Formulating Value Propositions
Risk managers are under pressure to compete in a competitive environment while solidly honouring their obligations and navigating their business safely toward the future. Paramount to their success is the ability to identify, formulate, assess and communicate value propositions to their stakeholders. This book presents valuable insights from principal researchers and practitioners from leading financial institutions. They provide many insightful ideas, concepts and methods to help shape or reshape value propositions.
Leading researchers examine the Celtic languages in comparative perspective, making reference to European and Arabic languages; they use the insights of principles-and-parameters theory. A substantial introduction makes the volume accessible to theoreticians unfamiliar with the Celtic languages and to specialists. The book makes a strong contribution to linguistic theory and to our understanding of the Celtic languages.
