, trading off the tax advantages of debt against the risk of costly default. The costs of bankruptcy are endogenously determined …

advantages of debt against the risk of costly default. The costs of default are endogenous: bankrupt firms are forced to …

‘Safe harbour’ is shorthand for a bundle of privileges in insolvency which are typically afforded to financial … protection against the fallout of the counterparty’s insolvency contributes to systemic stability, as the feared ‘domino effect …

twentieth century, initially on the basis of financial ratios, and more recently through the use of risk indexes. We use the …

This paper shows that the systematic risk (or "beta") of individual stocks increases by an economically and …

Globalizing knowledge economies foster conditions that intensify the role and value of organizational reputation risk … reputation risk. Having noted the ambivalence that surrounds ‘risk positions’, we present a re-definition of reputation risk that … encompasses the dynamics of contemporary risk and trust relationships. We explore the capacity of different trust forms to reduce …

Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals …' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. We examine three interlinked … propositions that are fundamental to the standard economic approach to risk: (i) that rankings by risk are simply the reverse of …

recreational risk-taking). In addition, perceived costs and benefits mediated the relations between personality and risk-taking in … the five domains (social, ethical, gambling, recreational and investment risk-taking). Evidence for a mechanism that …