Understanding basic financial concepts such as simple and compound interest, inflation, and risk diversification are essential prerequisites to possessing a minimum level of financial literacy. People who are financially literate are better equipped to manage the increasingly complex challenge...

Building on recent literature and employing survival analysis on trading data, we document differences in the strength and direction of the disposition effect on distinct categories of investors: (i) individuals not receiving professional advice; (ii) individuals receiving it; (iii) professional...

The objective of this paper is to evaluate the extent to which the design of regulatory banking and insurance capital standards (Basel II/III and Solvency II) provide incentives for endogenously‐generated destabilising effects to the financial system. The literature has identified three areas...

More than thirty years of research exploring the link between corporate social responsibility (CSR) and corporate financial performance (CFP) could not provide a satisfying resolution to the tension exists between economic and social objectives. In this paper, we have contributed to the existing...