Journal of Risk Finance: Volume 18 Issue 2

CDS spreads as an independent measure of credit risk

Florian Kiesel, Jonathan Spohnholtz

The creditworthiness of corporates is most visible in credit ratings. This paper aims to present an alternative credit rating measure independently of credit rating agencies. The…

Corporate reputation and reputation risk: Definition and measurement from a (risk) management perspective

Christian Eckert

The corporate reputation of a firm and reputation risk is becoming increasingly important because of the rise of social media and the ongoing globalization. While defining and…

Can mutual fund flows serve as market risk sentiment?: An empirical analysis with credit default swaps (CDS) spreads

Hsin-Hui Chiu, Lu Zhu

This paper aims to examine the information content of mutual fund flows and its indication on investors’ preference/tolerance toward risk.

How do derivative securities affect bank risk and profitability?: Evidence from the US commercial banking industry

Amit Ghosh

Using data on 5,491 commercial banks in the USA that were operational between 2001 second quarter and 2016 first quarter, the present study aims to examine the impact of…

PRIX – A risk index for global private investors

Sebastian Stöckl, Michael Hanke, Martin Angerer

The purpose of this paper is to create a universal (asset-class-independent) portfolio risk index for a global private investor.