Journal of Risk Finance: Volume 8 Issue 3

Thoughts on the “scientific method”: part 1 – ignorance through inconsistency

Michael R. Powers

In this two‐part series, the editorial aims to consider the role of the “scientific method” in human understanding, questioning both its consistency in actual practice and its…

Weekly volatility forecasts with applications to risk management

David G. McMillan, Alan E.H. Speight

In this paper weekly volatility forecasts are considered with applications to risk management; in particular hedge ratios and VaR calculations, with the aim of identifying the…

Valuation when bankruptcy is a possibility and taxes matter

Emilio C. Venezian

This article aims to report the results of research into the effect of expanding the traditional models for valuation of simple securities to include the effect of taxation of the…

Hedge fund performance and managerial social capital

Rosmah Mat Isa, Rashid Ameer

This article seeks to explain and empirically test the relationship between managerial social capital and hedge fund performance.

On the use of value at risk for managing foreign‐exchange exposure in large portfolios

Mazin A.M. Al Janabi

It is the purpose of this article to empirically test the risk parameters for larger foreign‐exchange portfolios and to suggest real‐world policies and procedures for the…

Insurance risk exchange in the presence of background risk and private information: A continuous‐time model

Wen‐chang Lin, Jin‐ray Lu

The purpose of this study is to introduce an insurance risk‐exchange model in the presence of background risk and private information and which solves the optimal insurance and…

Input hedging: generalizations

Moawia Alghalith

The purpose of this paper is to generalize input‐hedging models.

Market of markets: The Global Financial Centres Index

Michael Mainelli