granular datasets. This paper investigates how macroeconomic shocks affect systemic risk through several transmission channels … amplify the systemic risk while the liquidity spread outcome varies due to different of model variables and the deepness of … the country’s financial market. We propose a practical systemic risk assessment framework and samples of technical …

granular datasets. This paper investigates how macroeconomic shocks affect systemic risk through several transmission channels … amplify the systemic risk while the liquidity spread outcome varies due to different of model variables and the deepness of … the country's financial market. We propose a practical systemic risk assessment framework and samples of technical …

macroeconomic impact on NPLs, i.e., on the credit risk of Italian banks. By employing the Autoregressive Distributed Lag (ARDL …

structures for macroeconomic forecasts. We propose that a credit risk index (CRI) is derived from historic defaults to … on portfolio-level with the recommendation to derive a macroeconomic scalar for each different risk segment of the …

risk taking. One of the objectives is the motivation of further research on the topic. Risk-averse managers hold less … diversified portfolios and, thus, tend to take less risk than optimal for shareholders. More option grants may encourage risk … mitigating overall risk-taking incentives. The net effect of options on risk-taking behavior is, therefore, ambiguous and calls …

moderating role of CG, which also influences the firms' risk, leverage, and FV. The authors recommend the implementation of a …