Managing Risk and Decision Making in Times of Economic Distress

Managing Risk and Decision Making in Times of Economic Distress: Part B 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 series Contemporary Studies in Economic and Financial Analysis publishes themed volumes in economics and finance, welcoming disciplinary and interdisciplinary studies.

Format: Hardback
Length: 256 pages
Publication date: 28 March 2022
Publisher: Emerald Publishing Limited

Managing Risk and Decision Making in Times of Economic Distress: Part B is a valuable addition to the scholarly discourse on decision-making and control, providing a comprehensive analysis of the emerging decision/control approach. It advocates for the merits of its empirical content in shedding light on the structure of capital contracts and the rationale behind diverse objectives. At the core of the book's 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 COVID-19.

To address these gaps, continuity should be viewed as a proactive living plan to restore the familiar norm. Continuity planning forms an essential component of a risk management strategy, as it enables organizations to prepare for and respond to unforeseen events that may impact their operations. Given the future's anticipated trajectory, characterized by numerous disruptions and humanity's collective responses, critical insights are paramount to ensuring and determining progress toward the Sustainable Development Goals and overcoming these economic and social challenges.

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 diverse range of contributions, Contemporary Studies in Economic and Financial Analysis contributes to the advancement of knowledge and understanding in these critical domains.

Weight: 480g
Dimension: 160 x 239 x 20 (mm)
ISBN-13: 9781802629729