Mechanism Design and International Risk Regulation Institutions
Theories and Models for Financial Markets
Financial crises, including those related to sub-prime loans/mortgages, have exposed weaknesses in financial markets and risk
management institutions worldwide. In 'Mechanism Design and International Risk Regulation Institutions', Mike Nwogugu explains that 'Risk Management Institutions' in this context refers not just to
organizations, but also to methods, assets/liabilities, mathematical computations, government interventions and regulations
that pertain to global risk management. Les mer
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Legg i
Vår pris:
1604,-
(Innbundet)
Fri frakt!
Leveringstid: Sendes innen 21 dager
På grunn av Brexit-tilpasninger og tiltak for å begrense covid-19 kan det dessverre oppstå forsinket levering.
Financial crises, including those related to sub-prime loans/mortgages, have exposed weaknesses in financial markets and risk
management institutions worldwide. In 'Mechanism Design and International Risk Regulation Institutions', Mike Nwogugu explains
that 'Risk Management Institutions' in this context refers not just to organizations, but also to methods, assets/liabilities,
mathematical computations, government interventions and regulations that pertain to global risk management. The author suggests
that in order to foster economic growth, international risk regulation should transcend the current emphasis on organizations
and assets/liabilities because despite international coordination and new laws enacted in various countries during 2007-2012,
risk regulation remains highly ineffective in many countries. The author also critiques mechanism design theory (a branch
of mathematics) and explains how implementation and divisibility are major elements of, and limitations to mechanisms. The
author introduces new mechanisms that pertain to banking, external auditing (auditor selection), securitization, franchising,
the corporate entity and credit ratings (all of which in their current form are distinct failed mechanisms). In this book,
the author introduces new risk management models; and new methods for the risk-based interpretation of national Constitutions;
and explains the symbolic and functional importance of Constitutional Political Economy in legislation and risk management.
The Author illustrates the effects of risk regulation on economic growth. The book elucidates mechanism design theories
as they relate to risk, and analyses antitrust prediction and franchising models within the context of systemic risk. The
Author develops new theories of the firm and mathematical models pertaining to bankruptcy, strategic alliances and M&A transactions.
This book will serve the needs of Investment and corporate governance professionals; banking/securitie
Contents:
Mike Nwogugu was most recently a senior executive and co-founder of a sports media and ecommerce holding company in the USA.
Prior to that, Mike was a Senior Vice President for Corporate Governance & Strategic Planning at Dentamach International,
Inc. and performed the same role at China America Cooperative Automotive, Inc. He has worked in other roles at UBS PaineWebber
and KPMG. Mike holds degrees in Architecture from the University of Nigeria and the City University of New York; and an M.B.A.
from Columbia University (New York City). He is an 'inactive' Certified Public Accountant (Maryland) and Certified Management
Accountant (IMA/ICMA). Mike has worked as a consultant and provided financial, cost analysis, strategic planning, operations
planning and new-product development services to start up and emerging growth companies and has been the Chairman/founder
of several new ventures. Mike is an article-reviewer for the European Journal of Operations Research, and American Statistician.
Mike Nwogugu has published articles in journals such as Managerial Auditing Journal; the Journal of Hedge Funds & Derivatives;
the Journal of International Banking Law & Regulation; Journal Of Risk Finance; Corporate Ownership & Control; International
Journal Of Game Theory, Mathematics & Algebra; and Applied Mathematics & Computation. Mike Nwogugu's book titled Risk In The
Global Real Estate Market was published by John Wiley in 2012; and he is writing other books including Earnings Management,
Incentives And Intangibles (Gower, 2013).