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The impact of the Basel accord on Greek banks : a stress test study

Leventides, John; Donatou, Anna - In: Journal of risk and financial management : JRFM 8 (2015) 2, pp. 181-197

In this paper, we study the impact of extreme events on the loan portfolios of the Greek banking system. These portfolios are grouped into three separate groups based on the size of the bank to which they belong, in particular, large, medium, and small size. A series of extreme scenarios was...

Persistent link: https://www.econbiz.de/10011545145

Does managerial power increase selective hedging? : evidence from the oil and gas industry

Jankensgård, Håkan - In: Journal of risk and financial management : JRFM 12 (2019) 2/71, pp. 1-18

scrutiny or questioning. The hypothesis is tested using hand-collected data on corporate governance and derivative positions … governance dimension associated with selective hedging is the extent of inside ownership. Firms with high inside ownership have …

Persistent link: https://www.econbiz.de/10012022141

Risk management of interest rate derivative portfolios : a stochastic control approach

Kiriakopoulos, Konstantinos; Koulis, Alexandros - In: Journal of risk and financial management : JRFM 7 (2014) 4, pp. 130-149

In this paper we formulate the Risk Management Control problem in the interest rate area as a constrained stochastic portfolio optimization problem. The utility that we use can be any continuous function and based on the viscosity theory, the unique solution of the problem is guaranteed. The...

Persistent link: https://www.econbiz.de/10011552973

Corporate risk disclosure and corporate governance

Lajili, Kaouthar - In: Journal of risk and financial management : JRFM 2 (2009) 1, pp. 94-117

To date, research which integrates corporate governance and risk management has been limited. Yet, risk exposure and … sound portfolio investment decisions. This paper examines the relationships between corporate governance mechanisms and risk … research is needed to further assess the impact of various governance mechanisms on corporate risk management and disclosure …

Persistent link: https://www.econbiz.de/10011556123

Groups, pricing, and cost of debt : evidence from Turkey

Küllü, A. Melih; Raymar, Steven B. - In: Journal of risk and financial management : JRFM 11 (2018) 1, pp. 1-31

The paper examines the impact of business group affiliation on cost of loans in an emerging market setting. It focuses on operational strategy, organizational structure and internationalization policies of business group firms and their impact on borrowing cost of affiliated firms. Bank loans...

Persistent link: https://www.econbiz.de/10011855158

Can bitcoin replace gold in an investment portfolio?

Henriques, Irene; Sadorsky, Perry A. - In: Journal of risk and financial management : JRFM 11 (2018) 3, pp. 1-19

Bitcoin is an exciting new financial product that may be useful for inclusion in investment portfolios. This paper investigates the implications of replacing gold in an investment portfolio with bitcoin (“digital gold”). Our approach is to use several different multivariate GARCH models...

Persistent link: https://www.econbiz.de/10011895634

The presence of foreign capital and the internationalization of Portuguese industrial SMEs

Pacheco, Luís; Lobo, Carla Azevedo; Maldonado, Isabel - In: Journal of risk and financial management : JRFM 15 (2022) 2, pp. 1-18

The objective of this paper is to empirically examine the relationship between the firms’ ownership and control structure, in particular the presence of foreign capital, and their internationalization levels, measured in terms of intensity and diversification. The international performance of...

Persistent link: https://www.econbiz.de/10012821278

The effects of ERM adoption on European insurance firms performance and risks

Jurdi, Doureige J.; AlGhnaimat, Sam M. - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-17

We investigate the effects of adopting enterprise risk management (ERM) on the performance and risks of European publicly listed insurance firms. Using a dataset for 24 years, we report new results which show that ERM adopters realize significant ERM premiums after controlling for other...

Persistent link: https://www.econbiz.de/10012796172

Corporate governance and firm performance : a comparative analysis between listed family and non-family firms in Japan

Koji, Kojima; Adhikary, Bishnu Kumar; Tram, Le - In: Journal of risk and financial management : JRFM 13 (2020) 9/215, pp. 1-20

This study aims to explore the relationship between corporate governance and financial performance of publicly listed … firm performance when ROA is taken into account. Regarding the impact of governance elements on Tobin´s Q, institutional …

Persistent link: https://www.econbiz.de/10012384365

Effects of IPO offer price ranges on initial subscription, initial turnover and ownership structure : evidence from Indian ipo market

Sandhu, Harsimran; Guhathakurta, Kousik - In: Journal of risk and financial management : JRFM 13 (2020) 11/279, pp. 1-19

In this paper, we establish the significance and effects of initial public offer (IPO) offer price ranges on subscription, initial trading, and post-IPO ownership structures. The primary market in India provides a unique setting for estimating the effect of various initial public offer (IPO)...

Persistent link: https://www.econbiz.de/10012388745