Managing Risk and Decision Making in Times of Economic Distress

Managing Risk and Decision Making in Times of Economic Distress provides scholarly analysis of the decision/control approach, highlighting its empirical content and its implications for capital contracts and diversity of objectives. It addresses the identification and realization of opportunities during periods of distress, particularly in the context of COVID-19. Continuity planning is crucial for a proactive return to normality and forms an integral part of a risk management strategy. The book offers critical insights to ensure progress towards Sustainable Development Goals and recover from economic and social challenges. Contemporary Studies in Economic and Financial Analysis publishes themed volumes in economics and finance.

Format: Hardback
Length: 248 pages
Publication date: 01 March 2022
Publisher: Emerald Publishing Limited

Managing Risk and Decision Making in Times of Economic Distress is a valuable addition to the scholarly discourse on decision-making and control approaches. The book offers a comprehensive analysis of the emerging field, emphasizing its empirical content and its potential to shed light on the structure of capital contracts and the rationale behind diverse objectives. At the heart of the book's central arguments lie inquiries into the identification and realization of opportunities during periods of distress or disruption. While these questions have been the focus of corporate finance, risk management, and financial management studies and literature, they remain unresolved in the context of the COVID-19 pandemic.

To address these gaps, the book advocates for a proactive approach known as continuity planning, which forms an integral part of a risk management strategy. The aim is to create a roadmap for returning to a familiar norm, while also preparing for future disruptions. Recognizing the significant impact of these disruptions on the future, the book emphasizes the importance of critical insights to ensure and determine progress toward the Sustainable Development Goals and recovering from the economic and social challenges posed by the pandemic.

Contemporary Studies in Economic and Financial Analysis is a reputable publication that publishes a series of themed volumes within the fields of economics and finance. The journal welcomes both disciplinary and interdisciplinary studies, fostering a vibrant exchange of ideas and insights. By publishing a wide range of contributions, Contemporary Studies in Economic and Financial Analysis contributes to the advancement of knowledge and understanding in these important domains.

Weight: 484g
Dimension: 161 x 237 x 20 (mm)
ISBN-13: 9781801174275