Financial Risk Management: An Introduction

International Journal of Economics and Management Studies
© 2018 by SSRG - IJEMS Journal
Volume 5 Issue 1
Year of Publication : 2018
Authors : Nishtha Jain
How to Cite?

Nishtha Jain, "Financial Risk Management: An Introduction," SSRG International Journal of Economics and Management Studies, vol. 5,  no. 1, pp. 41-43, 2018. Crossref,


 Current practice largely follows preventive approaches to market risk dimension, such as historical simulation. Here we are presenting an introduction of financial risk management from some academic literature taking as reference.


Risk management, Financial Management, constraints etc.


1. Gourieroux, C., Monfort, A., 2010. Granularity in a qualitative factor model. J. Credit Risk 5, Winter 2009/10, pp. 29–65.
2. Hull, J., 2008. Risk Management and Financial Institutions, second ed. Prentice Hall, Upper Saddle River, New Jersey.
3. Hull, J., Nelken, I., White, A., 2004. Merton’s model, credit risk and volatility skews. J. Credit Risk 1, 1–27.
4. Jacobs, K., Li, X., 2008. Modeling the dynamics of credit spreads with stochastic volatility. Manag. Sci. 54, 1176–1188.
5. Lando, D., 2004. Credit Risk Modeling. Princeton University Press, Princeton, New Jersey. Lopez, J., 2004. The empirical relationship between average asset correlation, firm probability of default and asset size. J. Financ. Intermed. 13, 265–283.
6. Mason, S., Bhattacharya, S., 1981. Risky debt, jump processes, and safety covenants. J. Financ. Econ. 9, 281–307.
7. Merton, R., 1974. On the pricing of corporate debt: The risk structure of interest rates. J. Finance 29, 449–470.