Investing financial capital is almost always risky, there is no safe investment, and any unplanned situation in the future, uncertainty or sudden events can mean risk. To assess risk and protect themselves from it, investors resort to probability distribution. From the above, the subject of the...

We examine the effect of uncertainty on foreign direct investment inflows for a heterogeneous sample of advanced, emerging market and developing countries over a 25 year long (pre-Covid) sample. Using a push-pull framework, and controlling for both global and local factors, we find policy...

Investor concerns about climate and other environmental regulatory risks suggest that these risks should affect corporate bond risk assessment and pricing. We test this hypothesis and find that firms with poor environmental profiles or high carbon footprints tend to have lower credit ratings and...

The debate on firm’s investment decision under uncertainty is still unsettled. This study empirically examines the impact of firm-level political risk on contemporaneous capital and operating investment decisions. Using a novel text-based measure of firm-level political risk for US firms, we...

As Editorial Staff on the Roger Williams University Law Review, I wrote on a business-centric topic that touches on corporate and financial law aspects. It is an important rising securities law topic for banking and finance journals, judges, policymakers, regulators, practitioners, and other...