Comparing the usefulness of accounting information and cashflow information in corporate risk management
Ang, Hui Ching
Ong, Wendy Shu Wen
Date of Issue2005
College of Business (Nanyang Business School)
Corporate risk management is defined as the mitigation of unforeseeable events that may cause the firm’s value to change adversely. Firms seek to protect their value and the shareholders interest by engaging in risk management activities. However, this process is justifiable only when the benefits that it will bring outweigh the cost that the firm has to bear.
Final Year Project (FYP)
Nanyang Technological University