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  • 2007 Enterprise Risk Management Symposium: Integration of Financial Risk with Efficiency Measurement - Case of Summer 2006 in Electricity Sales Business in Poland
    Value of capital necessary for this risk hedging—CaRE—is included in the investment  capital (IC), ne ... letter  of  credit  or  insurance.        CaR – CaRE = CaRU + CaRST = CaRz + CaRew     Where:  CaRz—formed CaR ...

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    • Authors: Dariusz Michalski, Marcin Wisniowski
    • Date: Mar 2007
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Risk measurement - ERM