that pseudo R-squared and confidence improve under the dividend policy when controlling for risk and dividend payers. We …. The findings of this study imply that the dividend policy of mature Indonesian firms supports the life-cycle theory and is … inconsistent with the catering theory. …

Risk premium plays an important role in stock investing. Experiments have shown that value stocks typically have a … stocks have a higher average return than growth stocks due to the higher overall risk. Furthermore, this study combined the … Support Vector Regression (SVR) algorithm with the risk premium theoretical framework for the forecasting model; consequently …

We study Aumann and Serrano's (2008) risk index for sums of gambles that are not dependent. If the dependent parts are … similarly ordered, then the risk index of the sum is always larger than the minimum of the risk indices of the two gambles. For … negative dependence, the risk index of the sum is always smaller than the maximum. The above results agree with our intuitions …

coefficient of relative risk aversion (CRRA) that is commensurate with a 100% investment in the risky asset is simulated. The …

, which is called G-bounds. Constructed G-bounds evaluate risk in the financial markets more carefully than models based on …, the closer the risk of losses on the stock market to the corresponding risk of loss for a normal distribution, the higher …

industry asset. This paper adopts heterogeneous panel and exploratory factor analysis methods, measuring industry risk by … industry risk premium index, and constructs an industry MVS three dimensions vector factor model to analyze the factors … consistent and affecting extent to industry risk. Furthermore, this paper analyzes simultaneously the linkage effect and working …

Understanding how defaults correlate across firms is a persistent concern in risk management. In this paper, we apply … covariate-dependent copula models to assess the dynamic nature of credit risk dependence, which we define as "credit risk … clustering". We also study the driving forces of the credit risk clustering in CEC business group in China. Our empirical …

This paper analyzes the impact of US firms’ equity risk on bank lending standards and on the macroeconomy for two … groups: small and medium-large firms. The results indicate that a higher level of firm risk leads to a higher percentage of …-large firms. The finding provides support for the Risk Management Hypothesis, under which banks decrease lending to risky …

risk potential in the financial markets. Despite the computational intensity of the downside risk measures, they are very … widely applied to construct a portfolio and evaluate performance in terms of the investors’ loss aversion. Value-at-risk (VaR …) has emerged as an industry standard to analyze the market downside risk potential. The approaches used to measure VaR vary …

Examining China's stock market, mean variance is used to measure returns and risk and build an irrational risk …-asset pricing model. The power of heterogeneous beliefs and risk-valuation deviation are found to affect capital asset pricing …, presenting excessive fluctuations that neoclassical finance theory cannot easily explain. A diversified portfolio can disperse or …