is a new risk factor for enterprises taking part in this system. In this paper, we analyze how risk emerging from … loss account accounting for uncertainties and dependencies. Consequently, this model provides a basis for risk assessment …

yields robust results that are in line with theory and prior literature: A one standard deviation increase in the quality of …

Risk managers as corporate stewards are important gatekeepers in enterprises and they are essential to managing risks …. Relatedly, a more accurate evaluation of the risk factors allows a well-founded decision-making process and reduces the number … of surprising situations that could occur especially in volatile markets. Forward-looking risk management increases …

In previous works, the importance of risk management implementation was addressed with regard to the problem of … bankruptcy threat, with the explanation of risk impact on higher bankruptcy costs or the underinvestment problem. However, the … evaluation of the impact of risk outcomes is technically linked to risk frequency and risk severity as the two dimensions of the …

for risk assessment. How far, then, should this "new" view of corporate performance be extended to outsider shareholders …

A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price … stochastic optimal control (SOC)/dynamic risk management is a much more effective approach to determine the optimal degree of … leverage, the optimum and excessive risk and the probability of a debt crisis. The theoretically founded early warning signals …

A strategically minded CFO will realize that strategic corporate risk management is about finding the right balance … between risk prevention and proactive value generation. Efficient risk and performance management requires adequate assessment … of risk and risk exposures on the one hand and performance on the other. Properly designed, a risk measure should provide …

The statistical techniques which cover the process of modeling and evaluating consumer credit risk have become widely … accepted instruments in risk management. In contrast, we find only few and vague statements on how to define the default event …