Charles-Cadogan, G. - 2017
.g., India, China, Malaysia, South Africa, United States. In this paper, we characterize the compensating risk premium for such …, with statistical risk accounting. We find that differences in internal rate of return (IRR) and interest rate elasticity of … bond prices, for minority (MB) and nonminority (NMB) peer banks, induce an anomalous concave risk return pricing structure …