consequences. It is equally important to consider the valuation effect of state expropriation risk as well as its interaction with … operate under some degree of state expropriation risk, receive a significantly lower premium. The target shareholders are not …

Risk management and oversight have long been recognized as core corporate governance issues and have gained renewed … on risk oversight and risk management. This article is the first to examine the intersections between corporate … governance and risk regulation in China from a comparative perspective. It surveys corporate governance tools that have been …

knowledge, affect the relationship between corporate governance and the risk of bankruptcy. We find that having larger boards … reduces the risk of bankruptcy only for complex firms. Our results also suggest that the proportion of inside directors on the … board is inversely associated with the risk of bankruptcy in firms that require more specialist knowledge, and that the …

focuses on changes at a specific target company, and (2) systematic risk activism, which seeks to reduce the systematic risk … in a portfolio and thereby benefit diversified investors. Typically, such a systematic risk campaign may force a … carbon emissions or undertaking climate risk reforms). But, systematic risk activism faces an inherent difficulty: the party …

disclosure of the regulation indicates that the most suggestive mechanism is shareholders’ sentiment of managerial agency risk …

In this paper we investigate risk governance in 60 major international financial institutions and its influence on risk … (calculated from equity returns). Risk governance has increased significantly during our sample period. We find the following … variables to be important in determining risk outcomes in subsequent periods: inclusion of the CRO in the senior executive team …

This paper aims to investigate the behaviour of the board regarding the effective identification and governance of risk … achieved by constructing a risk governance index for a given corporation. The various elements affecting risk governance by the … board of directors are captured in the risk governance index. For each board, we assign a value for each risk governance …

This paper conducts a systematic analysis of the effect of CEO tenure on risk-taking. We document an overall positive … relation between tenure and risk-taking. The results are inconsistent with viewing tenure primarily as an indicator of human … and recent theoretical work, we show that the effect of CEO tenure on risk-taking depends on the information asymmetry …

Based on theoretical advice and empirical evidence suggesting that risk-taking in asset allocation enhances pension … take more risk by investing heavily in equities and allocating a smaller share of the plan assets to cash, government debt …