investigate how this massive restructuring shaped the ownership structure, returns, and risk of target banks. Before the merger … systematic and idiosyncratic risk of target banks significantly decreases in the three years following the successful conclusion …

investing can improve risk-adjusted returns, finding the results to be mixed and contextual; and (4) we show that American trust …, differentiating between risk-return ESG (i.e., using ESG factors to improve risk-adjusted returns) and collateral benefits ESG (i … fiduciary law generally prohibits collateral benefits ESG, but risk-return ESG can be permissible if supported by a reasoned and …

This study investigates the effect of corporate governance reforms protecting minority shareholders on the firm value …

dividend yield, earnings-to-price ratios, inflation risk, aggregate volatility risk, and past return characteristics. The main …This paper determines whether the world market risk, country-specific total risk, and country-specific idiosyncratic … risk are priced in an international capital asset pricing model (ICAPM). The paper also tests if the price of risk …