We discuss our reasons for bringing out this special issue and, after a review of the pertinent literature, propose a conceptual framework for the subject under examination. Using this framework, we offer an overview of the articles by segmenting them into categories and discussing their...

We discuss our reasons for bringing out this special issue and, after a review of the pertinent literature, propose a conceptual framework for the subject under examination. Using this framework, we offer an overview of the articles by segmenting them into categories and discussing their...

From the practitioners' point of view, one of the most interesting questions that tail studies can answer is what are the extreme movements that can be expected in financial markets? Have we already seen the largest ones or are we going to experience even larger movements? Are there theoretical...

From the practitioners' point of view, one of the most interesting questions that tail studies can answer is what are the extreme movements that can be expected in financial markets? Have we already seen the largest ones or are we going to experience even larger movements? Are there theoretical...

Enterprise Risk Management (ERM) is a familiar concept in management theory. However, sometimes its implementation can fall short of delivery on the potential benefits to the business. The need for effective ERM is becoming increasingly evident for companies that want to ensure that their...