The purpose of this paper is to differentiate between hazard, risk, and vulnerability. During the course of the paper I also describe the relationship between these three components and discuss the way in which they come together to end in disaster. Vulnerability can be referred to as “the degree of...

As a CFO of our company, I have the responsibility to make sure our company stays alive all the way through. We have a product that will save us, but not until two years later. In the meantime, need to raise money to keep our company running, while waiting for...

Securitization of assets provides banks with an opportunity to deal with their funding problems. Because of this, most banks always have an incentive to securitize their assets. When mortgages are securitized, the banks can generate instant income through the money which investors pay upfront (Brose, Flood, Krishna, & Nichols, 2014)....

Whether or not an individual becomes involved in acts that are socially, legally or physically detrimental is largely dependant on if, and how much, relevant risk factors are influencing their behaviour. These risk factors are variables in a persons life or milieu that mean they have an increased chance of...

Fraud is a serious threat facing every company in its operations. Fraud in organizations is classified into three main categories: intentional misrepresentation of financial information; misuse of tangible and intangible resources of an organization and corruption (Đorđević & Đukić, 2015). The specific activities which constitute fraud in organizations include concealment...