We study how climate risk shapes financial-reporting conservatism with data collected from 47 countries, and document that firms facing more extreme weather conditions use less unconditional conservatism but more conditional conservatism in financial reporting. Furthermore, such impacts of...

Country‐specific information on risk management is increasingly important, not only for investors and decision makers in international markets but also, for those in national and regional markets. This study reports the results of a cross‐sectional survey of risk management practice and...

Advances in Financial Risk Management: Corporates, Intermediaries and Portfolios is essential reading to those interested in better understanding developments in the post-Global Financial Crisis (GFC) environment. There are seventeen papers that provide the latest research on measuring, managing...