Journal of Risk Finance: Volume 9 Issue 4

The sequential sawyer – a tale of frequentist fright

Michael R. Powers

The editorial aims to illustrate a major weakness of frequentist estimation – overlooking prior beliefs that are clearly relevant.

Defining and measuring business risk in an economic‐capital framework

René Doff

The objectives of this paper are to: define business risk; identify whether economic capital could be used to mitigate this risk; and investigate business‐risk measurement…

Accounting in three dimensions: a case for momentum revisited

Eric Melse

This paper aims to extend an earlier analysis of the profitability of an individual firm operating in the professional services industry from the perspective of the triple‐entry…

Firm size and corporate financial‐leverage choice in a developing economy: Evidence from Nigeria

Abel Ebel Ezeoha

The purpose of this paper is to investigate, from an undeveloped market perspective, the nature and significance of firm size as a determinant of corporate financial leverage.

Impact of macroeconomic indicators on stock market performance: The case of the Ghana Stock Exchange

Anthony Kyereboah‐Coleman, Kwame F. Agyire‐Tettey

The study aims at examining how macroeconomic indicators affect the performance of stock markets by using the Ghana Stock Exchange as a case study.

Delta hedging of mortgage‐servicing portfolios under gamma constraints

Carlos E. Ortiz, Charles A. Stone, Anne Zissu

Interest only strips are created by stripping the interest portion of cash flows generated in mortgage‐backed securities or simply by servicing portfolios of mortgages. A number…

Asymmetric rotation of risk factors in a global portfolio

George A. Christodoulakis

The purpose of this paper is to examine the asymmetric dynamic rotation of beta coefficients to global investment style factor shocks in the Morgan Stanley Capital International…

Struggle for profit?

Chris Gentle

The religion of regulation: too big to succeed

Michael Mainelli