We present a stochastic simulation model for estimating forward-looking corporate probability of default and loss given … identify the default condition, and solve the model by Monte Carlo simulation. First, we present the model; then we show how to …

equipment. The problem is based on the opening example in the chapter on Project Risk Analysis of Titman and Martin's (2011 …

This paper was prepared for the purpose of presenting the methodology and uses of the Monte Carlo simulation technique … as applied in the evaluation of investment projects to analyse and assess risk. The first part of the paper highlights … the importance of risk analysis in investment appraisal. The second part presents the various stages in the application of …

This paper is devoted to risk management and risk measurement methods. The author considers methods of risk measurement … and proposes the Inte- gral Sum of Differential Weighted Indexes of Risks (or ISDWIR) method of risk measurement. The … method is based on dynamic enterprise risk matri- ces. The matrix describes the changes of corporate risk values over the …

applications of effectuation beyond the condition of uncertainty have seen less attention. Using an agent-based simulation model … simulation overcomes the shortcomings of think aloud protocols typically used in effectuation research. The results suggest that …

-effective instrument that reduces operational and economic risk levels in public sector organizations. Design/methodology/approach: A …) scales. The reliability analysis proved that all three scales are reliable; therefore, they are suitable for use as a risk … aforementioned measurement instruments, which can now be utilised by researchers in the field of risk management, to further advance …

market risk as a liquidity provider in exchange for earning commissions on each trade. Here we analyze the risk profile of a …

The topic of risk incorporates a variety of definitions within different fields such as psychology, sociology, finance …, and engineering. In academic finance, the analysis of risk has two major perspectives known as standard (traditional …) finance and behavioral finance. The central focus of standard finance proponents is based on the objective aspects of risk …

In this study, we analyze the relation between risk governance and risk and performance measures for a global sample of … 107 insurance companies from 2004 to 2012. Our risk governance index covers several Solvency II provisions and includes … the existence of chief risk officer on the executive board, risk committee characteristics and board industry experience …

-virus is explored in details. In a nutshell, fraud risk is high in today's world and banking companies are being careful in …