Liquidity=Diversity
Michael Mainelli
Journal of Risk Finance, 2008, vol. 9, issue 2, 211-217
Abstract:
Purpose - This paper aims to offer a commentary on recent failures in financial markets. Design/methodology/approach - The approach is that of critical commentary on the present situation. Findings - Current market dynamics reinforce the fact that there are few greater issues for financial institutions than governance and control systems. Originality/value - The paper shows that financial institutions are still seeking to find the correct balance between risk and reward among the forces of financial innovation.
Keywords: Financial forecasting; Financial institutions; Governance (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jrfpps:15265940810853968
DOI: 10.1108/15265940810853968
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