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Focus on Risk

In: Understanding Corporate Credit

Author

Listed:
  • T. H. Donaldson

    (Morgan Guaranty Trust Company of New York)

Abstract

A lending banker takes carefully judged risks for an appropriate reward. But he can only judge a risk which he has first identified. It is therefore essential to identify areas of weakness which could put a company at risk or developments to which it is vulnerable; then monitor the company to focus on any particular risk as soon as it begins to become an active threat rather than merely a potential one.

Suggested Citation

  • T. H. Donaldson, 1983. "Focus on Risk," Palgrave Macmillan Books, in: Understanding Corporate Credit, chapter 14, pages 252-267, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-17325-9_14
    DOI: 10.1007/978-1-349-17325-9_14
    as

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