Backtesting Value-at-Risk: A Duration-Based Approach

Financial risk model evaluation or backtesting is a key partof the internal model's approach to market risk management aslaid out by the Basle Committee on Banking Supervision. However,existing backtesting methods have relatively low power in realisticsmall sample settings. Our contribution is the exploration ofnew tools for backtesting based on the duration of days betweenthe violations of the Value-at-Risk. Our Monte Carlo resultsshow that in realistic situations, the new duration-based testshave considerably better power properties than the previouslysuggested tests.     

国家助学贷款的风险与防范

国家助学贷款是一个政治、福利、教育、金融概念的混合体。本文主要从国家助学贷款发放的现状、存在的问题人手，提出了应加强维护信用制度的法律建设；创建良好的社会信用环境；改进管理制度与操作模式；加强各部门的协调与沟通等防范措施。     

改进后的PERT方法在进度风险分析中的应用

风险分析是进度控制中的重要内容。针对经典PERT网络的假设和计算过程,分析出它存在的三方面缺陷。并提出解决问题的三种具体措施,从概率论与数理统计的角度,对关键线路和关键工作进行了重新定义和确定的方法。     

论普通高校的人才管理

21世纪是人才竞争的时代，普通院校要想在这时代的大潮中求生存、求发展，向全国一流大学迈进，就必须建立一支高素质的人才队伍。如何引进人才、留住人才、使用人才并进行人才管理，是学校工作的重中之重。本文就这一问题进行探讨。     

重大突发事件风险管理研究

当前，国际社会重大突发事件的风险性质正在发生剧烈的变化，只有了解和把握这些变化及其制约因素，才能够对此有一个准确、科学的认识。本文对国际社会重大突发事件风险性质的变化进行了概要性介绍，并从社会流动性和系统复杂性的提高，人类居所、活动或资产规模的增大和集中化，突发事件风险因素的变化，公共和私人机构处理风险职责的漂移，以及社会变化和对风险的理解等5个方面对重大突发事件的风险管理进行了探讨。     

The composition of interest: The judaic prohibition

An interest charge is made up of an award for waiting known as the real rate of interest, a premium for risk and compensation for transaction costs. Where inflation exists the lender seeks further compensation. In order to understand the composition and evolution of different versions of the usury prohibition it is necessary to ask which components of an interest charge are prohibited by each version. The Judaic prohibition has two aspects which are of particular interest to business historians and students of usury. First, the general rule is that a reward for waiting is prohibited. This focuses on the time-based part of interest charge. Second, interest is prohibited because it amounts to placing a stumbling block before the blind. This focuses on the typical gullibility of the borrower confronted by a more expert, better funded lender. Economics confirms and enriches our understanding of these important aspects of the prohibition. They achieve this by increasing our understanding of two facts: first, that the borrower is a gullible individual subject to irrational and inconsistent behaviour; and, second, that this behaviour relates to the waiting aspect of interest which is proscribed in the prohibition. How far these insights apply to other civilisations' prohibition, particularly those which derive from the Judaic prohibition, merits further study; so also do the ethical lessons of the Mosaic rules for a globalised society based on capitalism.     

行政诉讼举证责任探析

行政诉讼举证责任制度是行政诉讼证据制度的核心 ,这一制度对于行政诉讼的后果产生决定性的作用。完善我国的行政诉讼举证责任制度 ,对于促进我国行政诉讼证据制度理论研究的发展 ,从而保障行政诉讼的公平、公正 ,具有十分重要的意义     

项目融资模块间关联研究及实证分析

本文从项目融资框架结构出发,对项目融资模块之间的相互联系及影响进行了系统分析。并以加拿大塞尔加纸浆项目为例,说明项目融资模块之间是如何相互影响和相互作用的。     

会计在风险管理中的作用

风险无处不在,如何在管理中规避或利用风险是企业成功的关键之一.企业应在分析风险成因的基础上,对风险计量、会计披露制度、会计信息的反馈控制功能在风险管理活动中的作用进行分析,从会计学角度采取风险管理的具体措施.     

实现企业高成长的价值创新利基、途径及风险

作为一种新的战略逻辑,价值创新逻辑已经在一些高成长企业的战略实践中显示出巨大效力。价值创新的利基和途径依企业的类别而异。本文将以企业价值链及其多重联系为切入点,提出中间投入品生产型企业实现高成长的价值创新利基和途径,并对价值创新的风险进行了初步的探讨。