Purpose – The purpose of this paper is to analyze the extent to which weather index-based insurances can contribute to reducing shortfall risks of revenues of a representative average farm that produces corn or wheat in the North China Plain (NCP). The geographical basis risk is quantified to...

Purpose – The purpose of this study is primarily to implement the emerging market (EM) Z-score model to predict bankruptcy and to measure the financial performance of major Islamic banks in the UAE. In addition, this study aims to introduce the Z-score model to this industry as a beneficial...

Purpose – Whether stock returns are linked to exchange rate changes and whether foreign exchange risk is priced in a domestic context are less conclusive and thus still subject to a great debate. The purpose of this paper is to provide new empirical evidence on these two inter-related issues,...

Purpose – The purpose of this paper is to explore risk management models applied to electric power markets. Several Value-at-Risk (VaR) models are applied to day-ahead forward contract electric power price data to see which, if any, could be best used in practice. Design/methodology/approach...

The research presents an alternative to the classical method of measuring financial risk in funding a project. The goal of the model described in the paper implies identifying "risky areas" within the financial balance of the project. The model analysis the financial risk behavior studied along...

The LIBOR Market Model (LMM or BGM) has become one of the most popular models for pricing interest rate products. It is commonly believed that Monte-Carlo simulation is the only viable method available for the LIBOR Market Model. In this article, however, we propose a lattice approach to price...

L'interrogation centrale de cet article est la suivante: dans le - tres risque - contexte kinois, quelles sont les strategies mises en œuvre par les maraichers et que revelent ces strategies sur les capacites de ces derniers? Les deux premieres sections posent les bases conceptuelles de...

This paper gives an insider’s perspective on the management approaches used to manage the 2010 Census during its operational phase. The approaches used, the challenges faced (in particular, difficulties faced in automating data collection), and the solutions applied to meet those challenges...

In this article, we test the proposition that the presence of women in management impacts decision-making outcomes. In particular, we hypothesize that the greater the proportion of women on the senior management team, the lower the degree of risks taken at the firm level. Using data from the US...