Treasury and finance personnel at U.S. corporations consider liquidity and market risk to be the most significant of the threats they face, although fewer companies have exposure to those risks than to interest-rate and credit risks, according to a survey of 226 companies by the Association for Financial Professionals (AFP).
Sixty-four percent of the executives surveyed say their companies are exposed to liquidity risk and 53% say it's a significant threat; 52% say they have exposure to market risk and 64% cite it as a significant risk.
Brian Kalish, financial practice lead at AFP, says the weight the respondents placed on liquidity risk isn't surprising after the events of the last two years. "People found out very quickly that if you don't have liquidity, you're not going to last very long," he says.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
