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Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk … drivers like a companies' reputation and a changing consumer behavior. Since significant risk drivers for companies differ … just as much as companies themselves, a sector specific guideline to evaluate possible climate change related risk drivers …
Persistent link: https://www.econbiz.de/10010462527
We analyze output growth risk with respect to financial conditions across U.S. manufacturing industries. Using a multi …-level quantile regression approach, we find strong heterogeneity in growth risk, particularly between the more vulnerable durable …
Persistent link: https://www.econbiz.de/10012510760
explaining FDI flows than the aggregate uncertainty measures, with the exception of the global risk aversion index. …
Persistent link: https://www.econbiz.de/10011795401
We analyze output growth risk with respect to financial conditions across U.S. manufacturing industries. Using a multi …-level quantile regression approach, we find strong heterogeneity in growth risk, particularly between the more vulnerable durable …
Persistent link: https://www.econbiz.de/10013229404
Risk management is a complex process that requires company managers to have very good knowledge of its organizational … research is focused only on one of the main problems in risk management, namely the study of the standard deviation of the risk … in the process of assessing and analyzing the risks in tourism sector enterprises. Two hypotheses are presented for …
Persistent link: https://www.econbiz.de/10014496637
This paper analyses the profitability of horizontal mergers in a Stackelberg model and their impact on welfare when there is uncertainty about the marginal costs of the newly merged firms. The authors consider that the merging firms decide their production strategy knowing the actual value of...
Persistent link: https://www.econbiz.de/10010362519
' perspective and aims to create a higher awareness of companies' risk drivers when it comes to specific challenges of different …´ perspective on climate-related risk-drivers, comprising i) changes in regulation, ii) changes in physical climate parameters and … related risks for companies. Furthermore, the results also facilitate a comparison of risk drivers between and within sectors …
Persistent link: https://www.econbiz.de/10011489285
Some path-breaking work on mergers takes efficiency gains for granted, or assumes that firms have perfect knowledge when taking merger decisions. In practice, firms and competition authorities cannot know exact future efficiency gains, prior to merger consummation. This paper analyzes horizontal...
Persistent link: https://www.econbiz.de/10010221710
This paper examines various concepts related to the topic of corporate risk appetite. It emphasises the need for … consistency of definitions and coherence of terminology. Corporate risk appetite articulation is discussed as a corollary to … have faced in expressing their risk appetite and in setting the approach to risk at board-level. The paper further stresses …
Persistent link: https://www.econbiz.de/10013118280
's (1921) distinction between uncertainty and risk. Along with the risky profit-maximizing scenario, identifying a second, off … profits. Consistently with the Knightian theory that relates risk to profitability, we model the impact of risk and …
Persistent link: https://www.econbiz.de/10013015055