Prior studies show that the risk level of each new cohort of listed firms is higher than its predecessor's. We find … that these risk differences are persistent and investigate two potential explanations: (1) Each cohort adopts and retains …

consequences for risk and performance. We find that banks with short-term investment intensity pay more cash bonus, exhibit higher … risk and perform more poorly than banks with longer-term investment intensity. This evidence is broadly consistent with the … view that short-term means of compensation encouraged a short-term investment focus, which in turn led to both higher risk …

risk. Consistent with this argument, we find that firms with more criminally convicted/suspected directors and CEOs report …

Chapter 1. Basic concepts of bank risk aggregation -- Chapter 2. Research review of bank risk aggregation -- Chapter 3 …. Financial statements based bank risk aggregation framework -- Chapter 4. Bank risk aggregation based on income statement …-stage bank risk aggregation approach based on financial statements data and external loss data -- Chapter 7. Bank risk …

's equities. It also evaluates several models of the prediction of systematic risk from past rate-of-return information. …

Auditors gather evidence to formulate their judgment on financial statements and in assessing the risk factors …