...Ningxian Jin; Ya Bu; Yuting Wang; Yuchen Zhang; Hui Li Purpose This paper investigates whether financial technology (FinTech) development enhances the risk-taking capacity of small and medium-sized enterprises (SMEs) and clarifies the underlying mechanism. In particular, it examines whether...

...Nitya Nand Tripathi; Aviral Kumar Tiwari; Shawkat Hammoudeh; Abhay Kumar Purpose The study tests risk-taking and risk-aversion capabilities while distinguishing between business group firms and stand-alone firms and considering oil price volatility. Second, this attempt to study the linkage...

...Hardjo Koerniadi Purpose The paper aims to investigate corporate risk-taking following changes in firms' credit ratings (CR) and the mechanisms the firms use in implementing the risk-taking. Design/methodology/approach The paper employs fixed-effect regression models to examine risk...

... literature by testing the effect of CEO vega on firm risk-taking in Australia, where different dividend tax system and the 2009 tax reforms could potentially weaken vega’s risk-increasing effect. To allow mutual causation between our variables, we use the two-stage least squares (2SLS) estimation method...