Journal of Risk Finance: Volume 20 Issue 1

Managing risk for sustainable microfinance

Heather Knewtson, Howard Qi

The purpose of this paper is to provide an insurance framework to address the challenge of managing default risk for lenders providing credit to small and micro businesses.

The risk in socially responsible investing: the other side of the coin

Alberto Burchi

The field of socially responsible investment (SRI) has become a central theme in the mutual funds industry. The risk implications associated with this investment approach are less…

Enterprise risk management in family firms: evidence from Austria and Germany

Martin R.W. Hiebl, Christine Duller, Herbert Neubauer

Family firms are the most prevalent type of firm worldwide. Nevertheless, the existent enterprise risk management (ERM) literature is silent on the adoption of ERM in family…

Non-performing loans and financial development: new evidence

Peterson K. Ozili

This paper aims to investigate the influence of financial development on non-performing loans (NPL).

A dynamic model of an insurer: loss shocks, capacity constraints and underwriting cycles

Ning Wang, Maryna Murdock

This paper aims to revisit the assumption of the cyclicality of the property-liability insurance market and identify a scenario in which the so-called underwriting cycles are…

Riskiness of lending to small businesses: a dynamic panel data analysis:

Eliud Moyi

The study aims to pose the question: Has lending to small businesses been a source of increased risk in microfinance institutions (MFIs)? This question is pertinent given the…