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Prof. Aswath Damodaran's research on risk management is cited

CFO magazine
Excerpt from CFO -- "In a 2010 study of risk management, Aswath Damodaran, a professor of finance at New York University’s Stern School of Business, breaks risk down into three categories: risks that firms can pass through to investors, risks they can avoid or hedge, and risks they can exploit more effectively than their competitors can. 'Successful firms, over time, can attribute their successes not to avoiding risk but to seeking out and taking the ‘right risks,’ writes Damodaran."

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