We examine how an increase in stock option grants affects CEO risk-taking. The overall net effect of option grants is … theoretically ambiguous for risk-averse CEOs. To overcome the endogeneity of option grants, we exploit institutional features of … increase in new options granted leads to a 2.8-4.2 percent increase in equity volatility. This increase in risk is driven …

analyse the complete tail risk connectedness network of the whole US industry system. We also investigate the empirical … relationship between input-output linkages and the tail risk spillovers among US industries. Our findings identify the tail-risk … drivers, tail-risk takers, and tail-risk distributors among industries and confirm that the actual trade flow between …

risk taking for 112 listed US insurance companies over 2003- 2010. Using OLS, system GMM and 3SLS, we find that board … independence, females amongst independent directors and busy boards are positively related to risk taking. While board tenure is … not related to risk taking, experienced boards are found to be positively related to risk taking. Our study contributes by …

risk taking for 112 listed US insurance companies over 2003-2010. Using OLS, system GMM and 3SLS, we find that board … independence, females amongst independent directors and busy boards are positively related to risk taking. While board tenure is … not related to risk taking, experienced boards are found to be positively related to risk taking. Our study contributes by …

sector as might be expected. The asset covariance and the labor risk correlation, especially the working location of the …. Moreover, a effective hedge for the income risk is not possible in most of the observed scenarios. -- Protection ; Portfolio … Choice ; Risk Diversication ; Income Risk …