Understanding risks faced by firms and their reactions in response to those risks requires analysis of the ambiguities inherent in human behaviour. Yet, evidence from two case studies on investment and insurance professionals in the finance industry suggest that more focus on human capital may...

The World Economic Forum (WEF) has been producing reports since 2006 based on what are perceived by respondents to their survey as the major risks facing the world. This paper extends the work of Evans et al (2017) that analysed the WEF 2014 risks and considers the WEF Global Risks over the...

The World Economic Forum (WEF) recognises in their recent global risk reports the need to better understand the dynamics of the global economic system, and in particular the interconnectedness in the system in order to better appreciate the possibility of both single and multiple risk events...

Traditionally, financial risk management has mainly focused on the types of risk that can be identified and measured. Many actuarial and statistical theories and models have been developed in the past, to quantify such risks. However, high profile events such as Black Monday, the Asian financial...

Traditionally, financial risk management has mainly focused on the types of risk that can be identified and measured. Many actuarial and statistical theories and models have been developed in the past, to quantify such risks. However, high-profile events such as Black Monday, the Asian financial...