Journal of Risk Finance: Volume 17 Issue 1

The market’s reaction to unexpected, catastrophic events: The case of oil and gas stock returns and the Gulf oil spill

Phillip Humphrey, David A. Carter, Betty Simkins

The purpose of this paper is to examine the stock market reaction to the Gulf oil spill and determine if the markets exhibited rational pricing. On April 20, 2010, the US Coast…

Supporting strategic success through enterprise-wide reputation risk management

Nadine Gatzert, Joan Schmit

The purpose of this paper is to present a coherent and effective enterprise risk management (ERM) framework that includes necessary steps and processes for integrating reputation…

The impact of auditing strategies on insurers’ profitability

Katja Müller, Hato Schmeiser, Joël Wagner

The purpose of this paper paper is to study effective measures in dealing with the phenomenon of insurance claims’ fraud. In fact, fraud is one of the major industry concerns. It…

Does risk affect capital structure adjustments?

Abdul Rashid

This paper aims to theorize that if risk affects costs and benefits of capital structure adjustments, then it should affect the speed at which firms adjust their leverage toward…

Information-theoretic approach to quantifying currency risk

Paweł Fiedor, Artur Hołda

– This paper aims to present a framework enriching currency risk analyses based on information theory.

Equilibrium liquidity premia of private equity funds

Axel Buchner

– The purpose of this paper is to propose a novel theory of the equilibrium liquidity premia of private equity funds and explore its asset-pricing implications.