Topic: Introduction to Financial Risk Management
Speaker：Dr. Tsatsaronis Michail, University of the Aegean
Time: 2020/12/23 15:00-17:00 (GMT+8)
Tencent Meeting ID: 574 422 937
Abstract:
The relevance of risk management is demonstrated by recent events. It is vital to the very existence of an organization's ability to identify, prioritize and manage financial risk, whether that is volatility in oil and gas prices, interest rates, exchange rates or demand.
Risk management in the shipping industry reflects a cross-disciplinary field based on instruments and methods of financial econometrics, statistics and mathematical optimization in the current turbulent economic environment of Covid – 19, extreme events and 'black swans.'
This "Financial Risk Management Introduction" seminar focusing on the shipping industry helps you to understand risk management and corporate governance in the shipping. You will be more confident in analyzing and making recommendations to create business strategies that balance the risks of shipping companies' operations, reputation and stability.
The purpose of this seminar is to offer the definition of risk. In addition, we will try to highlight the value of risk to an organization and how it can be handled with the risk management framework. Then we will discuss the various forms of financial risk and, ultimately, we will concentrate on the financial risk that shipping companies face.
Bio:
Research domain:
• Financial Management: corporate finance, globalisation, mergers & acquisitions, corporate governance & social responsibility, financial intermediation.
• Portfolio Management: accounting models, dynamic asset allocation, actively managed funds, hedge funds.
• Econometrics: time series analysis, machine learning techniques.
• Risk Management: volatility modelling, spillover dynamics, diversification tools.
• Sectorial focus: investment, finance, shipping, commodities, energy, transportation.