Journal of Risk Finance: Volume 23 Issue 5

Technology-push and market-pull strategies: the influence of the innovation ecosystem on companies' involvement in the Industry 4.0 paradigm

James Boyer, Annemarie Kokosy

This study analyzes how the innovation ecosystem helps integrate technology-push and market-pull strategies in the Industry 4.0 paradigm.

Economic effects of green bond market development in Asian economies

Quang Phung Thanh

In the recent decades, the green projects have suffered from serious lack of investment, highlighting the major role of green financing to attract private investors to these…

Market discipline and bank risk through new regulations: evidence from Asia–Pacific

Anh Ngoc Quynh Le

The purpose of this study is to show the presence of market discipline and provide an explanation for bank risk nondisclosure behavior, specifically market risk (MR), credit risk…

Is financial distress risk important for manufacturing SMEs to rebalance the short-term debt ratio?

Filipe Sardo, Zélia Serrasqueiro, Elisabete Vieira, Manuel Rocha Armada

This study seeks to analyse if the adjustment towards the target short-term debt ratio of small and medium-sized firms (SMEs) is related to financial distress risk.

Fintech and Islamic banking growth: new evidence

Mouwafac Sidaoui, Faten Ben Bouheni, Zandanbal Arslankhuyag, Samuele Mian

The purpose of this study is to evaluate the global developments in the area of fintech solutions by analyzing Islamic and Conventional banks core accounting and market analysis…

Impact of fiscal consolidation on economic growth: the Tunisian case

Ameni Mtibaa, Amine Lahiani, Foued badr Gabsi

Departing from the expansionary austerity literature, this study aims at examining how fiscal consolidation affects the economic growth in Tunisia using annual data over the…

The impact of research and development (R&D) on economic growth: new evidence from kernel-based regularized least squares

Jean-Joseph Minviel, Faten Ben Bouheni

Research and development (R&D) is increasingly considered to be a key driver of economic growth. The relationship between these variables is commonly examined using linear models…

Bitcoin's hedging attributes against equity market volatility: empirical evidence during the COVID-19 pandemic

Jocelyn Grira, Sana Guizani, Ines Kahloul

The purpose of this paper is to analyze the hedging capacity of Bitcoin in relation to the S&P 500 index during the COVID-19 pandemic.

Uncertainty due to pandemics and epidemics and the behavior of Travel & Leisure stocks in the UK, the USA and Europe

Afees Salisu, Jean Paul Tchankam

The purpose of this paper is to examine the response of Travel & Leisure (T&L) stocks of some advanced economies (the USA and United Kingdom) as well as Europe to uncertainty due…

How does human capital efficiency impact credit risk?: the case of commercial banks in the GCC

Jamila Abaidi Hasnaoui, Amir Hasnaoui

This paper aims to assess human capital efficiency's impact on commercial banks' credit risk in six GCC member countries.

You sneeze, and the markets are paranoid: the fear, uncertainty and distress sentiments impact of the COVID-19 pandemic on the stock–bond correlation

Ameet Kumar Banerjee

This paper investigates the influence of three different sentiment indicators on the time-varying stock–bond correlation of 15 countries during the global crisis period of the…

The price reaction and investment exposure of equity funds: evidence from the Russia–Ukraine military conflict

Larisa Yarovaya, Nawazish Mirza

The purpose of this paper is to assess the impact of the Ukraine–Russia military conflict on the returns and investment flows of equity funds across multiple countries.