Uncertainty of insurance liabilities has always been the key issue in actuarial theory and practice. This is represented for instance by study and modeling of mortality in life insurance and loss distributions in traditional actuarial science. These models have evolved from early simple deterministic calculations to more sophisticated, probabilistic ones. Such probabilistic models have been tra...

Traditional corporate social capital formulations have been based on a firm’s positioning within its network of market place alliances. This paper extends this model by incorporating firm status attributes of intellectual capital and corporate reputation into an integrated model for corporate social capital. An empirical study of some 155 firms in the global Information Technology sector was co...

In this paper, we explore how a firm’s reputation affects both the reaction of the market to that firm’s product defects, as well as the firm’s learning response. In contrast to a variety of arguments set out by information economists and market sociologists claiming that reputation serves as an organizational asset, we explore the possibility that reputation can be an organizational liability....

ALM is an acronym for Asset Liability Management. measurement methodology monitor and manage a bank's market risk. liability management much more than just risk mitigation. It the of interest-bearing assets liabilities can be maximised while dealing with all types current future hazards. Ratio Analysis was used to examine bank assess impact Management on profitability. This research examines to...

There is widespread agreement among leading debt management practitioners about the adequacy of debt servicing cash flow simulation technique to estimate the cost and risk of a sovereign liability portfolio. This practice gains a solid theoretical platform when re-cast into an asset liability management (ALM) framework. The issue then becomes how to incorporate the government’s assets into cost...

This study uses property/liability insurance industry as research sample to examine how risk management, financial management, and capital management are related to each another, thereby reflecting such interactions in the managerial decisions in the choice of derivative and reinsurance use, in the allocation of asset risks, in the determination of underwriting activities as well as liability r...

We investigate the relationship between monetary policy and banks’ risk-taking behavior. set up a simple model in which risk averse bank awards loans to firms also manages financial investment portfolio consisting of risky risk-free asset. When signs credit contracts with firms, it takes into account their solvency potential gains from outside strategies under aversion, contrast standard approa...

The assigned purpose of this paper is to explore new opportunities in liquidity management. The term is understood to mean a profitable mix of asset and liability management in the demanding new economic environment that is developing. My own preference is for the term "balance-sheet management" as a more accurate and concise way to describe the process. To establish a kind of controlling conte...