{"product_id":"9781849507264","title":"Research in Finance, Volume 26","description":"\u003cp\u003eThe theme of this volume is \"Coping with Systemic Risk.\" The Lead chapter sets the theme by giving insight into economic systems as packages containing multiple real options. The rational exercise of these options then shapes the outcomes from the system. As many of the decision makers are public officials rather than business people, it would be helpful to gain insight into the different ways of thinking that pervade the public sector. The second chapter (co-authored by a finance professor and a secondary school principal) gives insight into how school administrators and other public officials consider exercise decisions for the real options they control, in ways sometimes very different from the choices that would be picked in the for-profit sector. The third chapter offers tests of the reliability (or lack thereof) for traditional accounting measures to predict the onset of financial distress. Hence, sudden catastrophic disturbances may not be at all predictable. Remaining chapters explore the use of commodities such as oil as a means for improving the diversification of portfolios containing equities, the behavior of metal prices such as aluminum and steel, and other issues relevant for a better-diversified investor.\u003c\/p\u003e","brand":"Emerald Group Publishing Limited","offers":[{"title":"Default Title","offer_id":47061998797040,"sku":"9781849507264","price":130.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781849507264_p0.jpg?v=1763752688","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781849507264","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}