entrepreneurial activity on the entrepreneur. In academic literature, this one-sided risk allocation is usually justified by the …

yields mixed results. This paper investigates the differences in risk profiles and realized returns between ethical and non … years of poor stock market performance, which indicates that systematic risk of ethical funds may be higher. …

Measuring risk in the stock market context is one of the key challenges of modern finance. Despite of the substantial … significance of the topic to investors and market regulators, there is a controversy over what risk factors should be used to price … the assets or to determine the cost of capital. We empirically investigate the ability of several commonly proposed risk …

model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …