In this paper, we consider the price effects of risk disclosure. We develop a model in which investors are uncertain … risk disclosure decreases the firm's cost of capital by reducing this premium and that the market response to risk … disclosure is small when the expected level of risk is high. Moreover, we find that firms acquire and disclose more risk …

The topic of risk incorporates a variety of definitions within different fields such as psychology, sociology, finance …, and engineering. In academic finance, the analysis of risk has two major perspectives known as standard (traditional …) finance and behavioral finance. The central focus of standard finance proponents is based on the objective aspects of risk …

Risk and uncertainty are inherent in the environment and functions of accounting. Accounting reports, systems, norms … descriptions of coping with risk and uncertainty yield different implications for accounting. Chambers was an articulate, forceful … risk and decision making. This largely unrecognized link between the conflicting accounting theories and their respective …

's experience, a comprehensive definition of risk.Risk is not measurable uncertainty nor volatility. Risk is a three part concept …: (1) risk is the potential that events may have an unexpected and noteworthy impact on results, i.e. a consequence of … exposure while of pursuing objectives in an uncertain environment; (2) risk is ontological uncertainty, the unknown unknown …

Financial risk management is difficult at the best of times, but especially so in the presence of economic uncertainty … and financial crises. The purpose of this special issue on "Advances in Financial Risk Management and Economic Policy … methods have contributed significantly to the analysis of financial risk management when there is economic uncertainty …

. Besides output price uncertainty, the firm faces additional sources of risk which are aggregated into an additive background … risk. We show that the firm always chooses its optimal debt-equity ratio to minimize the weighted average cost of capital …, irrespective of the risk attitude of the firm and the incidence of the multiple sources of uncertainty. Even though the …

Project-competence has a role in perceived risk. Our research objective was to detect project-actors' presumptions … about performance risk in relation to the supplier's expected performance. We investigated investment projects with … significant and insignificant tangible content. By exploring project actors' perceived performance risk we can better understand …

financial planners can use to help clients overcome behavioral hurdles.• Risk assessment questions that measure loss aversion … for certainty has been observed in advanced age and older defined contribution investors exhibit equity-varying risk … aversion, so client risk preferences should be reassessed later in life.• Clients face declining cognitive abilities over time …

firm-level capital investment, risk management, and debt issuance. The effects of uncertainty vary significantly by firm … capital investment is significantly weaker for firms that hedge their output price risk. Our analysis highlights that, in the … ability to hedge risk exposures …

Firms seem to care a lot about "risk management": the practice of hedging risks whether they are correlated with market … risk or not. The standard reasons why widely held corporations might be averse to idiosyncratic risk are based on the …: idiosyncratic risk makes business decisions more difficult. Risk can increase the value of investment projects because of option …