, like portfolio risk is computed from the risk characteristics of individual assets. A bootstrap algorithm delivers test …

spreads to assess the transmission of credit risk to the non-financial corporate sector. Our findings suggest a sectoral … magnitude and direction of real-sector risk transmission across European countries. While risk transmission to the non …-financial sector increases during crisis events, risk transmission within the non-financial sector remains largely unchanged. …

Ethical approach towards shareholders' interests, in terms of value maximization within predefined risk appetite limits …, is the fiduciary responsibility of the corporate governance bodies. However, numerous cases of excessive risk taking as … regulatory aspects of remuneration and risk management processes, as well as their intersections in the financial organisations …