Ben Hamida, Nessrine - Université Paris-Dauphine (Paris IX) - 2008
performance and risk very differently, especially for companies with significant exposure to changes in fair values of financial … 2005 to 2006, and test the risk-relevance of these different volatility measures. We find that for the average bank, the … rate risk, is more closely associated with comprehensive income volatility than either net income volatility or fair value …