The use of traditional risk measurement techniques for small unlisted businesses proves difficult due to a lack of … betas for risk measurement. While the accounting betas calculated for the listed companies in New Zealand did relate … measurement devices is highlighted if benchmarks for risk vs. return equilibrium are to be found for the class of small unlisted …

shareholder risk-shifting incentives. The decisive advantage of this approach compared to existing regulation is that the … compensation. We argue that excessive risk taking in the financial sector originates from the shareholder moral hazard created by … government guarantees rather than from corporate governance failures within banks. The idea of the proposed regulation is to …

strategies, affects financial performance when risk is measured. We use the MA rule for market timing, that is, for when to buy … stocks and when to shift to the risk-free rate. The important issue regarding the predictability of returns is assessed. It …

The purpose of the article is to analyze the relevance of the audit in minimizing the risk of fraud. The methodology of …

Modeling the price risk of CO2 certificates is one important aspect of integral corporate risk management related to … emissions trading. The paper presents a risk model which may be the basis for evaluating the risk of emission certificate prices …

is a new risk factor for enterprises taking part in this system. In this paper, we analyze how risk emerging from … loss account accounting for uncertainties and dependencies. Consequently, this model provides a basis for risk assessment …

This paper evaluates the effect of Enterprise Risk Management (ERM) on the performance and the financial stability of a … a chief risk officer (CRO) can actually reduce performance, although it can improve the degree of financial health … of risk, we find evidence of improvement through the hedging of exchange risk. …

Risk disclosure is one of the practices of corporate governance. Disclosure of risk is an important aspect of a company … impact these risks have on the company's future. By sharing risk information, the corporation has attempted to be more … transparent in delivering information to its stakeholders. Based on risk disclosure information, stakeholders are anticipated to …

assumptions of the emerging state of the world. We borrow the idea of risk from the finance literature and compare the payoff of … staying with the original outcome with the risk of deviating. Employing this idea to the core leads to a new concept that we … call the risk-based core. We introduce this concept and discuss its properties. We find an inclusion relation between cores …