Journal of Risk and Financial Management, Volume 17, Issue 9

Conglomerates play an important role in the functioning of capital markets. Therefore, assessing their response to external shocks is a significant risk management challenge not only for conglomerate executives but also for investors and regulators a...

This study assesses the effects of the European Central Bank’s (ECB) unconventional monetary policy (UMP) on the prices of selected European stock market indices during the European sovereign debt (2010–2012) and the COVID-19 pandemic (20...

In the realm of financial decision-making, it is crucial to consider multiple factors, among which lies the pivotal concern of a firm’s potential insolvency. Numerous insolvency prediction models utilize machine learning techniques try to solve...

Psychometric-based credit scores measure important personality traits that are characteristic of good borrowers’ behaviors. While such data can potentially improve credit models for underbanked consumers, the utility of psychometric data in con...

This paper integrates two theoretical frameworks to explore optimal resource allocation and the dynamics of the money cycle in a hypothetical economy. It examined the theoretical background of the problems of choice. The first framework considers an...

Competitive banks aggressively invest in information and communication technologies (ICT) to enhance their market share and reduce Customer Acquisition Costs (CAC). This study examines the impact of cumulative stock of ICT investment on (a) deposit a...

This study examines data from the U.S. 2018 and 2019 Survey of Household Economics and Decision making (SHED) to understand the association between student loan debt and emergency-saving decisions, including the moderating role of financial knowledge...

Energy consumption (ECON) in BRICS countries is fueled by fossil fuels, mainly coal. Increased environmental degradation (ED) in BRICS countries is mostly driven by coal consumption. This study utilizes quantile regression for the analysis, enabling...

Human trafficking continues to be a profitable multi-billion dollar business. People are either callous toward human rights or they are unaware of the crime occurring. Many businesses may unknowingly facilitate human trafficking by providing services...

We investigate the impact of vulnerability and the law of justice indicators on the decision to adopt International Financial Reporting Standards (IFRS) by 133 countries. Applying robust Logit and Probit models to 2021 cross-sectional data, we find t...