A challenge in enterprise risk measurement for diversified financial institutions is developing a coherent approach to … aggregating different risk types. This has been motivated by rapid financial innovation, developments in supervisory standards … risk, having Basel Pillar II of Basel implications. Second, we utilize data from major banking institutions’ loss …

Presently, there is a growing concern about implementing sustainable practices among businesses worldwide. Risk … examine published articles focusing on the role of risk management in promoting business sustainability practices and its …

pricing models to the available implied volatility surfaces, one deals with the so-called risk-neutral measure Q, which can be … and risk-free interest rates, estimate the calibrated parameters. When the market variables are included in a real …

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 …

companies that are at risk of bankruptcy using the DEA method. The originality is the selection of key inputs and outputs to the …