Publisher's Synopsis
This report is aimed at companies who need to develop and organize their own corporate risk management programme. It documents the risk management policies and strategies of the 20 finalists entered for the International Risk Manager of the Year Award (presented jointly by Emcor Risk Management Consulting and the Economist Intelligence Unit, and sponsored by Bankers Trust International).;It reveals how innovative companies - such as ABB, Ciba-Geigy, Unisys and W.R. Grace - establish a risk management policy; define exposure; delegate risk resposibilities to their respective operating units; evaluate performance; and implement and control both capital and non-capital market hedging operations. The report also includes a section on how to use financial risk management software and a statistical analysis of the Award syrveys submitted by the 130 entrants.