system. The method also allows for what-if analyses to optimize the risk exposures, and to plan an emergency strategy in case …

risk. Recent theoretical and empirical work have addressed this problem. We argue, from a theoretical perspective, that … this controversy ultimately depends on how risk is assessed or measured. In particular, we observe that when one talks … about random losses (risk) there are two intertwined approaches. On the one hand, one can fix the loss level and ask with …

This paper investigates the relationship between legal origin and banks' risk-taking behavior. We employ GMM to study a … as follows: (a) bank risk-taking and legal origin are negatively related in our sample countries, (b) Islamic banks are … encourage bank risk-taking. The results have several implications for shareholders, regulators, and other key stakeholders. …

behaviour, aiming at investigating the impact of bank equity on the risk and return of Vietnamese commercial banks during the … larger capital buffers tend to take less risk but are less profitable. In addition, the study also finds a non …-linear relationship revealing that bank risk mitigates the effect of bank equity on profitability. Most estimations show strong robustness …

This paper re-examines the performance of REITs, stocks, and fixed-income assets based on the preferences of risk …-averse and risk-seeking investors using mean-variance and stochastic dominance approaches. Our findings indicate no first … order to maximize their expected utility, the risk-averse prefer fixed-income assets over real estate, which, in turn, is …

assumptions alone in measuring risk. Cushioning against risk has always created a plethora of complexities and challenges; hence …, this paper attempts to analyse statistical properties of various risk measures in a not normal distribution and provide a … financial blueprint on how to manage risk. It is assumed that using old assumptions of normality alone in a distribution is not …

calculus is based on various types of economic parameters, which are subject to frequent changes and high risk. A risk …