price crash risk, a consequence of managerial bad news hoarding. Using a sample of U.S. public firms with Big 4 auditors, we … find robust evidence that local audit office size is significantly and negatively related to future stock price crash risk …

Political risk, one of the most significant uncertainty shocks, affects firms' future attitudes toward risks and plays … a crucial role in their decision making. A stock price crash risk is a classical topic in financial markets; therefore …, this paper probes the relationship between firm-level political risk and stock price crash risk based on a sample of …

financial policies adopted by the Authorities. We use an original information risk model to contribute to the analysis of the … 2007-2009 crisis was very different in the information risk quality. That gap affected the market risk aversion and its … equilibrium, reducing the efficacy of the Authorities' intervention tools mainly based on payoff risk control and efficient market …

and sovereign risks. In this paper we analyze the magnitude and changes in risk exposures that are reflected in bank stock … investigate bank risk in different economic environments including the introduction of the Euro and the recent financial and … sovereign debt crisis. Second we examine whether banks have experienced a change in their risk exposures during the last two …