Carey, Mark S. (contributor); Stulz, René M. (contributor) - 2005
. The dramatic rise of modern risk management has changed
how the risks of financial institutions are measured and how … to be an expensive source of finance (see, for instance, Myers (1976), Myers
and Majluf (1984)). Consequently, even if ….
The new risk measurement and management techniques are associated with, and in some
cases are driving, a number of …