Journal of Risk Finance: Volume 25 Issue 1

Market power, industry concentration and earnings management: does corporate governance matter

Ameet Kumar Banerjee, Soumen Chatterjee, Avijan Dutta

This study examines a link between firms' product market power, industry concentration, the degree of earnings management and the role of governance in curbing earnings management.

Re-examining asymmetric dynamics in the relationship between macroeconomic variables and stock market indices: empirical evidence from Malaysia

Rajesh Mohnot, Arindam Banerjee, Hanane Ballaj, Tapan Sarker

The aim of this research is to re-examine the dynamic linkages between macroeconomic variables and the stock market indices in Malaysia following some transformational changes in…

Voting stake of the largest shareholder, ownership concentration and leverage

Timm Gödecke, Dirk Schiereck

This paper aims to investigate the impact of the largest shareholder's voting stake on the firm's capital structure decision.

Can green finance promote high-quality energy development? The case of China

Bo Wang, Kangyin Dong, Farhad Taghizadeh-Hesary

China is a significant energy consumer with increasingly severe resource constraints and environmental problems, requiring low-carbon energy transformation and encouraging…

Dynamic connectedness amongst green bonds, pollution allowance policy, social responsibility and uncertainty

Huthaifa Alqaralleh

This study explores the interconnectedness and complexity of risk-varied climate initiatives such as green bonds (GBs), emissions trading systems (ETS) and socially responsible…

The dynamic impact of oil shocks on the Saudi stock market: new evidence through dynamic simulated ARDL approach

Amel Belanès, Abderrazek Ben Maatoug, Mohamed Bilel Triki

The paper investigates the dynamic relationship between oil prices, the USA dollar exchange rate and the Saudi stock market index.

Covid-19 severity, government responses and stock market reactions: a study of 14 highly affected countries

Thi Thanh Xuan Pham, Thi Thanh Trang Chu

This study undertakes a comprehensive investigation into the far-reaching repercussions of Covid-19 stimulus packages and containment policies on stock returns, meticulously…

Forecasting value-at-risk and expected shortfall in emerging market: does forecast combination help?

Trung Hai Le

This paper investigates how various strategies for combining forecasts, both simple and optimised approaches, are compared with popular individual risk models in estimating…