political closeness, we analyze investors’ response to disaster risk by examining the performance of commercial real estate … negative abnormal returns. Our findings highlight the differences in equity risk premia even within the same industry facing …

The outset for this thesis is the contemporary risk management concept of Enterprise Risk Management (ERM). ERM has for … life. The idea of managing or controlling risk is however not new. The development of statistics and the calculation of … perspective of classical risk management, transformed uncertainty into predictable risk. Such linkages are utilized in many places …