Purpose: The purpose of this paper is to theoretically examine the risk-taking decision of corporate defined benefits … incorporate the fact that in some cases the optimal solution is in the middle range. Therefore, the corporate risk-taking behavior …

risk. Using a unique dataset of 295 PBOs and their consecutive SBOs in the UK, we analyse the risk level of financial … distress of the buyout rounds considering the Altman Z-Score. We find that SBOs reduce this risk of portfolio companies more … than PBOs during the holding period. Therefore, SBOs, in general, cannot be seen as riskier investments. However, risk of …

to be deposited into the margin account during trading.We characterize the unique high-order risk factors, asymmetry …

quantile and expectile estimation, a platform for risk assessment is provided. ES and implications for tail events under … different distributional scenarios are investigated, particularly we discuss the implications of increased tail risk for mixture … can be successfully estimated on a daily basis using a one-year time horizon across different risk levels. …