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The Interface of Finance, Operations, and Risk Management

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  • Babich, Volodymyr
  • Birge, John

Abstract

In this work we define the characteristics of the interface of finance, operations, and risk management (iFORM) research and provide examples of iFORM research questions. We illustrate why this is an interesting area and discuss where the two disciplines overlap in a meaningful way. Our goal is to lower the entry cost for new researchers by providing primers on (1) key finance results and papers that OM researchers endeavoring to enter into this field must know; (2) key OM results and papers that finance researchers endeavoring to enter into this field must know. Furthermore, we offer our perspective on resources to help readers to accelerate their iFORM research and on how to write, publish, and referee iFORM papers.

Suggested Citation

  • Babich, Volodymyr & Birge, John, 2021. "The Interface of Finance, Operations, and Risk Management," Foundations and Trends(R) in Technology, Information and Operations Management, now publishers, vol. 15(1-2), pages 1-203, June.
    • Handle: RePEc:now:fnttom:0200000101
    DOI: 10.1561/0200000101
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    References listed on IDEAS

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    1. Xiaodong Xu & John R. Birge, 2006. "Equity valuation, production, and financial planning: A stochastic programming approach," Naval Research Logistics (NRL), John Wiley & Sons, vol. 53(7), pages 641-655, October.
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    4. Zhibin (Ben) Yang & Göker Ayd{i}n & Volodymyr Babich & Damian R. Beil, 2009. "Supply Disruptions, Asymmetric Information, and a Backup Production Option," Management Science, INFORMS, vol. 55(2), pages 192-209, February.
    5. Owen Q. Wu & Derek D. Wang & Zhenwei Qin, 2012. "Seasonal Energy Storage Operations with Limited Flexibility: The Price-Adjusted Rolling Intrinsic Policy," Manufacturing & Service Operations Management, INFORMS, vol. 14(3), pages 455-471, July.
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    7. H. M. Wagner & T. M. Whitin, 1958. "Dynamic problems in the theory of the firm," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 5(1), pages 53-74, March.
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    Cited by:

    1. Tang, Wenzhi & Du, Shaofu & Hu, Li & Wang, Bill & Zhu, Yangguang, 2022. "The effects of leadership in Clean Development Mechanism low-carbon operations," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 158(C).

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