This paper analyzes the impact of countries' tax attractiveness on the allocation of risk within multinational groups … globally. We show that tax symmetry positively influences the relative amount of risk allocated to subsidiaries. Both time and … decrease the relative amount of risk taken. …

; Risikomanagement ; Monte-Carlo Simulation ; Kapitalmarkt ; Risk reporting ; Market Risk ;Sensitivity Analysis ; Value at Risk … different possibilities of preparing a sensitivity analysis, such as value at risk are illustrated and their suitability for … ; Internationale Rechnungslegung ; Marktpreisrisiken ; Finanzrisiken ; Value at Risk ; Sensitivitätsanalyse ; Publizitätsverhalten …

important data gap. We focus on German banks and measure their exposure to climate risk using CO2 emissions reported for German … bank risk, and investigate the concentration of emissions, companies, and plants within the portfolios of German banks …

Prinzipien gelenkt, wie in Zukunft das Risikomanagement, die interne Banksteuerung und die Bankenaufsicht reformiert und auf die …

We investigate the impact of mandatory internal control and risk management (ICRM) reform on earnings-based attributes … business and enterprise risk control. Using both a differences and difference-in-differences research design, we find that …