IABFM Articles

The Dimensions of Risk Management (December 2006) | Risk Management
by Michael Vincent

The old ways of the last century are no longer acceptable; the focus of shareholder value is an old measure of success that has run its day. Unfortunately most of the large companies in existence today have not realised this yet and continue on the pathway to future destruction. The attitude of financial markets reinforces this delusion ...[ Read More ]

Identifying and Managing Risk (December 2006) | Risk Management
by Michael Vincent

To try and define the concept of risk management so that common ground can be set, ...[ Read More ]

Risk management tools and structures (December 2006) | Risk Management
by Michael Vincent

Bankers have a duty to contribute to the development of risk management as a separate business discipline. MICHAEL VINCENT of Monash University, Australia, looks at some of the tools used by financial institutions – duration, value of risk, value at risk – and how the management of risk should be structured ...[ Read More ]

The Dimensions of Risk Management - Corporate Governance : The umbrella in action (December 2006) | Risk Management
by Michael Vincent

The above describes a very narrow definition of corporate governance, that is the ability of the owners to ensure the managers act in accordance with the guidelines of the company and have accountability sheeted home. ...[ Read More ]

The Dimensions of Risk Management - CPRM March 2002 (December 2006) | Risk Management
by Michael Vincent

The aim of the first weekend activity for the CPRM was to set a minimum hurdle for the Institute to move to certification of the individual participants, it set a benchmark of language and culture so that risk managers from all professions attending both public and private could understand one another. All three groups had a different identity and personality based on the individuals and locations, however the real thrill for the panel of presenters was that by different paths and discussions all activities ended at the same point in the acceptance of risk and the understanding of ownership by all in an inclusive not exclusive way. ...[ Read More ]