New research reveals how risk management can boost company value.
The article discusses the history and evolution of risk and risk management in economics and finance. It emphasizes the importance of tools for assessing risk to reduce costs and increase company value. A good risk management strategy can also improve a company's financial structure. The field of risk management emerged after World War II, leading to the creation of the Chief Risk Officer position in businesses. The term "risk" is closely related to uncertainty, and research in this area cannot ignore the derivatives market.