that although their stock returns are affected by exchange rate variations, other factors (e.g. asset/liability structure …

the reduction in compensation risk offered by RPE should reduce compensation cost and thus provide a good reason for the …

subsequent firm performance. Suggests that since options do not create losses when share prices decline, they encourage more risk … firm performance but that the link is stronger for ownership in high risk situations, but lower performance where risk is …

and asset return volatility are all increased. Concludes that the plans decrease managers’ risk aversion.  …

In A Conceptual Framework for Auditing (Pratt & Van Peursem, 1993) it was argued that audit risk, materiality and … issues. This paper compares the different positions in respect of audit risk, materiality and judgement that have been …

Purpose In most financial institutions, chief risk officers (CROs) and their risk management (RM) staff fulfill a role … in managing risk exposures, yet their lack of involvement in the governance has been cited as an influential factor that … improve their risk governance structures to better weather potential future crises. Assuming that CROs and risk committees are …

investigate the link between risk sharing and governance, providing a new perspective for analysis with less emphasis on … risk governance. Originality/value – The contribution to knowledge provided by this study is rooted in the …

Purpose – Asset liability management is a multi-dimensional set of activities. Against this backdrop, the purpose of … this paper is to build a goal programming model for optimally determining the asset allocation and liability composition … and liability composition for the year 2010. Findings – The model has been able to generate the optimum asset and …