Derivatives: A Manager's Guide to the World's Most Powerful Financial Instruments

Derivatives: A Manager's Guide to the World's Most Powerful Financial Instruments
Author :
Publisher : McGraw Hill Professional
Total Pages : 232
Release :
ISBN-10 : 0071382801
ISBN-13 : 9780071382809
Rating : 4/5 (809 Downloads)

Book Synopsis Derivatives: A Manager's Guide to the World's Most Powerful Financial Instruments by : Philip McBride Johnson

Download or read book Derivatives: A Manager's Guide to the World's Most Powerful Financial Instruments written by Philip McBride Johnson and published by McGraw Hill Professional. This book was released on 1999-04-22 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a corporate manager or executive, you probably have little contact with the actual day-to-day trading of derivatives contracts. Regardless, your oversight responsibilities place your career directly in the hands of aggressive derivatives traders. Do you really know what they're up to? DERIVATIVES is the first and only book written for the manager who is not a derivatives expert but is responsible for the experts. Concise, uncomplicated, and often entertaining, it gives you a basic understanding and appreciation for these complex yet powerful financial tools. DERIVATIVES isn't another "how to trade" book. Instead, it eschews technical jargon and mathematical formulae to show you "how to survive" when derivatives inevitably cross your professional path. Real life examples of derivatives disasters (Proctor & Gamble's 1994 loss of $102 million, Barings Bank's 1995 loss of $1.3 billion, and the Belgian government's 1997 loss of $1.2 billion) are accompanied by analyses of where they went wrong. Far from the daredevil, all-or-nothing reputation they are often given, derivatives are basically conservative hedging instruments designed to REDUCE risk. They allow organizations to pass the assumption of natural risks to speculators (who intend to profit from those risks). From simple agricultural futures to the latest versions of credit derivatives and swaps, DERIVATIVES will give you a basic appreciation of how derivatives operate and where the dangers lie. Look to this comprehensive yet easy-to-read overview for valuable information on: How to instinctively recognize different types of risk, and choose the instruments which best counteract each; Examination of the legal environment for derivatives, and how to protect your firm from potential liabilities; Strategies to structure your firm's checks and balances to keep pace with the changing structure of the derivatives business. While it may be the quants and traders who make the costly errors, it is the managers and executives who ultimately answer to the authoritiesÑnot to mention their stockholders. DERIVATIVES will help you safeguard your company from undue risk, provide you with a new level of comfort and understanding regarding these vibrant and valuable risk protection tools, and help ensure that your companyÑand careerÑwon't be the next cautionary tale splashed across financial pages worldwide. Derivatives can be both beneficial and devastating. DonÕt let yourself get burned! Derivatives will give you a step-by-step tour through the amazing benefits of derivativesÑas well as an overview of their hazardsÑand put you firmly in control of your corporation's risk control program.


Derivatives: A Manager's Guide to the World's Most Powerful Financial Instruments Related Books

Derivatives: A Manager's Guide to the World's Most Powerful Financial Instruments
Language: en
Pages: 232
Authors: Philip McBride Johnson
Categories: Business & Economics
Type: BOOK - Published: 1999-04-22 - Publisher: McGraw Hill Professional

DOWNLOAD EBOOK

As a corporate manager or executive, you probably have little contact with the actual day-to-day trading of derivatives contracts. Regardless, your oversight re
Financial Derivatives
Language: en
Pages: 627
Authors: Rob Quail
Categories: Business & Economics
Type: BOOK - Published: 2009-10-15 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

Essential insights on the various aspects of financial derivatives If you want to understand derivatives without getting bogged down by the mathematics surround
The Post-Reform Guide to Derivatives and Futures
Language: en
Pages: 348
Authors: Gordon F. Peery
Categories: Business & Economics
Type: BOOK - Published: 2012-01-04 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

An in-depth look at the best ways to navigate the post-reform world of derivatives and futures The derivatives market is one of the largest, and most important
Portfolio Theory and Management
Language: en
Pages: 816
Authors: H. Kent Baker
Categories: Business & Economics
Type: BOOK - Published: 2013-01-07 - Publisher: Oxford University Press

DOWNLOAD EBOOK

Portfolio management is an ongoing process of constructing portfolios that balances an investor's objectives with the portfolio manager's expectations about the
Stanford Law Review: Volume 63, Issue 3 - March 2011
Language: en
Pages: 388
Authors: Stanford Law Review
Categories: Law
Type: BOOK - Published: 2011-03-31 - Publisher: Quid Pro Books

DOWNLOAD EBOOK

This March 2011 issue of the Stanford Law Review contains studies of law, economics, and social policy by recognized scholars on such diverse topics as "preglim