Who is actually taking the risk of a huge loss of a company, such as mass recall

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Who is actually taking the risk of a huge loss of a company, such as mass recall for a car or large scale oil spills, if it is not insured by an insurance company？

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Value at Risk The New Benchmark for Managing Financial Risk

ISBN: 978-0071464956

3rd edition

Authors: Philippe Jorion

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Posted Date: Dec 11, 2020 04:30 AM

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Who is actually taking the risk of a huge loss of a company, such as mass recall

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The loss when a company faces a recall of a car for example not only affects the financial posi... View the full answer

Value at Risk The New Benchmark for Managing Financial Risk

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