...Sergey Krylov Purpose The article is devoted to the consideration of the conceptual foundations for assessing the level of financial risk through the analysis of the sensitivity of key indicators of the activity of a public company on the stock market (market activity) to the main determining...

... markets Financial risk Banking Banking industry Financial institutions Over the past three decades, the structure and composition of financial intermediation has changed drastically due to changes in competition, financial innovation and the regulatory framework. A by-product of these changes...

... be contacted at: youssef.riahi@isg.rnu.tn 20 12 2017 10 05 2018 14 05 2018 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Financial risk Emerging markets Banks C23 G01 G23 A strong banking system is essential...

... Emerald Publishing Limited Licensed re-use rights only Financial risk Options markets Portfolio optimization G13 G110 According to Black and Scholes (1973) and Merton (1973) , the interest in option pricing has dramatically increased and during the past decades, abundant...

... Risk analysis Risk assessment Returns Financial risk Portfolio investment A proper risk measure helps determine appropriate risk-adjusted returns for bearing a given level of risk. There exists a large body of literature attempting to identify the risk measure that better explains the cross...

... and methodology. Our results are presented in Section 4 and a summary and conclusions follow in Section 5. Dr Daniel Huerta can be contacted at: huertade@cofc.edu © Emerald Group Publishing Limited 2015 Financial risk Financial investment Real estate Investment funds Following Lin...

... at: mona.soufian@northumbria.ac.uk © Emerald Group Publishing Limited 2013 Financial markets Capital asset pricing model Financial risk Beta instability Premium beta and conditional market risk premium In response to the inconsistent results of the static capital asset pricing model (CAPM...

... Financial risk Derivative markets H1. The use of a more diverse derivatives strategy by a fund decreases risk. The objective of this study is to investigate the advantages and disadvantages of the diversity of the derivatives strategy of a fund from the investors' viewpoint...

... capital Financial risk Financial markets Capital With the myriad of risks that are present in various financial transactions, risk management has become increasingly essential especially for banking institutions with extensive off‐balance sheet items and international exposure. Depository...

...: informative, transparent, and noteworthy. Financial crisis Correlation Market risk Active risk Residual risk MPT Financial risk Financial markets © Emerald Group Publishing Limited 2013 For additional insight, we also look at the following question: is there a pattern across...

... Publishing Limited 2013 Value at risk VaR Market risk Risk management Risk models Extreme value theory Stock market volatility Global financial crisis Stock return distribution Financial risk Financial markets Stock markets In the aftermath of the global financial crisis (GFC...

... with technological progress and globalization, these reforms affected the financial environment and led exchanges to modify their strategies. An increasing number of exchanges opted to demutualize, and some demutualized exchanges opted to merge with other exchanges. Financial risk Mergers Stock exchanges...

... and MacKinlay (1990) and is also applicable to the decile‐based strategy. Ding Du can be contacted at: ding.du@nau.edu © Emerald Group Publishing Limited 2012 Returns Profit Momentum Financial risk Behavioral finance The controversy of the sources of momentum profits warrants a re...

... Group Publishing Limited 2012 Competitive strategy Business failures Corporate finance Disasters Economic cycles Financial risk Perfect competition Corporate defaults Catastrophe Stable equilibrium General disequilibrium Once a major economic catastrophe occurs, the general...

... f=0, f=1. Roger Gay can be contacted at: roger.gay@buseco.monash.edu.au © Emerald Group Publishing Limited 2011 Investments Financial risk Pension separation theorem Lump sum conversion to income Mean‐variance efficiency Black‐Scholes model Nobel Laureate Tobin...

... December 2003, which defines a time series with 247 daily observations. © Emerald Group Publishing Limited 2011 Stock markets Financial risk Stock returns Greece What the efficient market hypothesis (EMH) is concerned with is under what conditions an investor can earn excess...

...+1² is explained by the forecast h_t+1| t². © Emerald Group Publishing Limited 2010 Taiwan Futures markets Financial risk Stocks Volatility forecasting has gained in importance during the last two decades since large movements...

... immersed in a process of dramatic economic transformations similar to that experienced by Spain over the past two decades. This is the case of the Central and Eastern European countries which recently joined the European Union. © Emerald Group Publishing Limited 2010 Financial risk Stock...

... Banking Yield Debt capital Financial risk The study of risk in modern economics and finance was made famous by Knight (1921) in his work on risk, uncertainty and profit. Another celebrated work on risk is by Markowitz (1952) who studied effects of asset risk, correlation...

...) that relates the excess return on security i to the excess return on some efficient market index at time t. The ex post SCL can be written as: (see equation 4) Capital asset pricing model Securities Financial risk The foundations for the development of asset pricing...