A long tradition suggests a fundamental distinction between situations of risk, where true objective probabilities are …. Whether uncertainty reduces to ordinary risk depends on the agent’s ability to smooth consumption. Uncertainty can have a …

The literature on the fundamental relationship between risk and return is largely inconclusive. We show that accounting … for structural breaks and utilizing a large sample is required for correctly estimating this risk-return tradeoff within … the GARCH framework. The above two factors affect the risk-return tradeoff via volatility persistence, a parameter totally …

the redistribution of individual risk and address the resulting legitimacy deficits even when operating under conditions …

Risk is an integral part of financial intermediation. Hence, risk management must be at the heart of finance. However …, it is disturbing to note that systematic risk management is still not as widespread as it should be in the microfinance … not pay adequate attention to systematic risk management. The microfinance industry has grown rapidly during the last …

implies the implementation in the company of risk management. Each company, but also each individual, who tries to attain … familiar with the concepts of risk and risk management, one acts, consciously or not, for that purpose. …

The objective of this paper is to summarize the risk assessment concepts and methods of risk assessment and analysis …, as reported in reading literature. The purpose of this systematization is the future development of a specific risk … assessment and risk analysis, without the need of examining through the entire bibliography in the future research. The research …

of banks’ credit risk and capital on firms’ risk and performance. Our data set is a multilevel cross-section, which … regarding omitted variables. We find that banks with higher credit risk are associated with more risky firms, with lower … profitability and market value. In turn, we find that banks with higher risk-weighted capital ratios lend to riskier firms with less …

, especially at executive level, seem to have been partially responsible for an excessive risk taking behaviour. The article … reviews the main contribution made on compensation, performance measurement and risk topics by the academic literature and …