Overview
- Includes case studies on financial monitoring in turbulent times
- Discusses financial planning in the aftermath of COVID-19 and the current crises
- Analyses predictive analytics in corporate financial management
Part of the book series: Contributions to Finance and Accounting (CFA)
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About this book
Climate change, COVID-19, Ukraine: it seems that crises are here to stay, which poses major challenges for the financial management of companies. This book addresses these issues, and present concrete approaches to resolving them.
Until recently, the past was considered a reliable basis for predicting the future. As this is no longer the case, financial calculation and management models must take uncertainty into account. This affects the entire discipline of financial management, whether it is the valuation of goodwill in accounting, the estimation of capital costs in company valuation, or the strategic controlling of an international group of companies. There are three main challenges to be overcome: first, uncertainty must be integrated into traditional models, then uncertainty must be quantified, and lastly, potential developments must be modelled. This requires not only a deep understanding of the respective field, but also the ability to suitably adapt traditional modelsand techniques. This volume discusses these issues and offers new insights into how financial management will evolve in light of the current developments.
Keywords
Table of contents (13 chapters)
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Financial Management Under Uncertainty: Corporates
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Financial Management Under Uncertainty: Markets
Editors and Affiliations
About the editor
Tobias Huettche is Professor of Accounting and Controlling and Lecturer of the Institute for Finance, School of Business, at the University of Applied Sciences and Arts Northwestern Switzerland. He is also member of several supervisory boards in the private sector.
Bibliographic Information
Book Title: Finance in Crises
Book Subtitle: Financial Management Under Uncertainty
Editors: Tobias Hüttche
Series Title: Contributions to Finance and Accounting
DOI: https://doi.org/10.1007/978-3-031-48071-3
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023
Hardcover ISBN: 978-3-031-48070-6Published: 03 February 2024
Softcover ISBN: 978-3-031-48073-7Due: 05 March 2024
eBook ISBN: 978-3-031-48071-3Published: 02 February 2024
Series ISSN: 2730-6038
Series E-ISSN: 2730-6046
Edition Number: 1
Number of Pages: VIII, 217
Number of Illustrations: 16 b/w illustrations, 52 illustrations in colour
Topics: Risk Management, Business Finance, Accounting/Auditing, Financial Accounting, Accounting/Auditing