business models has led to an expansion of the risk taxonomy affecting corporate management. In addition to traditional … financial risks, new risks have emerged, primarily climate risk, environmental, and energy risks, which can significantly impact …

risk of risky assets. Instead, it claims that capital market volatility, in turn, constitutes the maximum achievable …The theory of fair geometric returns, F theory for short, rejects the generally accepted notion that volatility is the … geometric return. In order to get to the point, F theory, in addition to its own ideas, resorts to information theoretical …

more effective than T-Bill futures in reducing price change risk. Moreover, in the short term, the performance of T …-Bill futures in reducing risk was extremely poor. The purpose of this article is to determine whether these results are due to a …

The standard measures of distress risk ignore the fact that firm defaults are correlated and that some defaults are … more likely to occur in bad times. We use risk premium computed from corporate credit spreads to measure a firm’s exposure … to systematic variation in default risk. Unlike previously used measures that proxy for a firm’s physical probability of …

The standard measures of distress risk ignore the fact that firm defaults are correlated and that some defaults are … more likely to occur in bad times. We use risk premium computed from corporate credit spreads to measure a firm’s exposure … to systematic variation in default risk. Unlike previously used measures that proxy for a firm’s physical probability of …