...) and firm risk-taking (FR) in the Indian context. Design/methodology/approach Using a panel dataset of 261 Indian listed firms (2014–2023), we employ the two-step system Generalised Method of Moments (GMM) estimation technique to address endogeneity and unobserved heterogeneity. CG is measured via...

...Lujer Santacruz Purpose The purpose of this paper is to contribute to the existing literature on the relationship between firm-level risk and returns and to explore other ways of measuring firm risk-taking. Literature overwhelmingly shows a negative relationship between firm-level risk and returns...