CAS DARE http://www.casact.org/dare/ en-us Copyright 2012. All rights reserved. Fri, 10 Feb 2012 19:23:30 GMT Capital allocation is a theoretical exercise because all of a firm’s capital could be depleted to cover a significant loss arising from any one segment. However, firms do need to allocate capital for http://www.casact.org/dare/index.cfm?fuseaction=view&abstrID=6836 In "The Black Swan, The Impact of the Highly Improbable," Taleb (2010) makes a distinction between extreme scenarios that can be modeled (Mandelbrotian Grey Swans) and those that cannot (Black Swans). http://www.casact.org/dare/index.cfm?fuseaction=view&abstrID=6841 The paper is devoted to analysis of possibility, need and approaches towards introducing the indicators related to the effectiveness and efficiency of risk management system into key performance http://www.casact.org/dare/index.cfm?fuseaction=view&abstrID=6843 Risk appetite represents how much risk an organization is willing to assume consistently with its strategy. Each business strategy implies some amount of risk, in terms of the uncertainty of the http://www.casact.org/dare/index.cfm?fuseaction=view&abstrID=6844 The dynamic and highly competitive business environment of recent times has seen numerous debacles, from natural disasters to financial crisis to frauds and scandals. This has brought to the http://www.casact.org/dare/index.cfm?fuseaction=view&abstrID=6845