Financial Risk Management in the Federal Government: Overview, Practice, and Recommendations

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By

Richard J. Buttimer, Jr.

The Gould/Mayfield Professor of Real Estate

University of Texas at Arlington Department of Finance and Real Estate buttimer@uta.edu

This report examines the role of financial risk management techniques in government. The goal of this study is to determine which private sector financial risk management techniques are best suited for government adoption. In addition, the report examines the common traits of successful financial risk management adoptions in government, and develops a series of recommendations that will serve as a guide for both agencies and oversight bodies.Financial Management