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Private savings for retirement, in the form of pensions, play an important role in most OECD countries. Given the scale of assets managed, these funds constitute a major institutional investor. The aim of this article is to present the financial behaviour of pension funds in these countries. A...
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. Market risk is supported by companies as concerns defined benefits funds (DB) and by households as regards defined … billion $. The Pension Funding Equity Act may substantially lessen the macroeconomic risk stemming from these financial …
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Purpose of the paper: Risk orientated disclosure is a focal issue of corporate communication. Many provisions have been … increase of mandatory risk reporting applying to companies leads to the question of whether or how companies are compliant with … these regulations. The answer itself implies further questions: what is required to be disclosed? And what is risk? The …
Persistent link: https://www.econbiz.de/10011166308
Reviews the book 'Financial Analysis and Corporate Strategy,' by Mark Grinblatt and Sheridan Titman.
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quantum dissipation (H0 is then the Hamiltonian) and financial risk control (in which case H0 is the assets' return covariance …
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article elaborates a new definition of stock market crash taking a risk management perspective based on an augmented extreme …
Persistent link: https://www.econbiz.de/10011193769
Three processes reflecting persistence of volatility are initially formulated by evaluating three Lévy processes at a time change given by the integral of a mean-reverting square root process. The model for the mean-reverting time change is then generalized to include non-Gaussian models that...
Persistent link: https://www.econbiz.de/10010905341
Risk orientated disclosure is a focal issue of corporate communication. Many provisions have been implemented in the … mandatory risk reporting applying to companies leads to the question whether or how companies are compliant with these … regulations. Nevertheless, the answer implies another question: what is required to be disclosed? And what is risk? We have …
Persistent link: https://www.econbiz.de/10010905363