Risk aggregation considering inter-risk dependence has always been a challenge to both researchers and practitioners. The objective of this study is to formulate ways of aggregation of bank risks and comprehensively compare simple summation, variance–covariance and copula approach. Firstly,...

The tanker shipping market has been treated as the key extension of the world oil market and inevitably, its uncertainty is correlated to volatility of the oil market, besides supply and demand factors. Therefore, for improving operational management and budget planning decisions, it is...

Country risk not only reflects the overall risk of a given economy but also offers other more comprehensive risk information for stakeholders' decision-making. Different from previous studies focusing on oil import portfolio risk, this paper expands the scope of risk exposure from the micro risk...

No abstract received.

As a monsoon climate dominated region, East Asia has a high rate of climate variation. Previous studies demonstrated that the East Asian monsoon had weakened since the end of 1970’s; however, contrary to the climatic trend, a common scenario of advancing farming-pastoral ecotone (FPE) has been...

This paper reviews the historical development of accounting regulation in Iraq and analyzes, from an institutional perspective, both the decision to adopt International Financial Reporting Standards (IFRS), and the factors likely to impact the expansion of IFRS application beyond listed...

As part of a bi-country survey project, this paper empirically compares the entrepreneurial intention of college students in the USA and China. Theoretically rooted in Shapero's entrepreneurial event model, this paper reveals a deficiency of systematic training on entrepreneurship opportunity...

This paper fills the gap in the literature that the functions of the European Union Allowance (EUA) futures have only been studied in the pilot phase of the European Union Emission Trading Scheme (EU ETS) and no market evolvement has been explored. The cost-of-carry pricing efficiency of the EUA...

Given that entrepreneurship influences economic growth, this paper questions from a pluralist perspective whether neoclassical economic models comport with entrepreneurship education. This paper's intent is not to develop new economic models; nor to suggest that current models are incorrect....