Journal of Risk and Financial Management, Volume 18, Issue 12

Japanese financial authorities have been promoting lending without personal guarantees, with the aim of enhancing the stability of the banking sector. However, banks’ willingness to provide loans without personal guarantees varies. Furthermore,...

This study presents a fairness-aware framework for modeling the Probability of Default (PD) in individual credit scoring, explicitly addressing the trade-off between predictive accuracy and fairness. As machine learning (ML) models become increasingl...

This study examines how consumers’ perceptions of threat severity and anxiety during public health crises influence their motivation to protect themselves and, subsequently, their intentions to purchase protection insurance products. Drawing on...

The study explores the impact of business model innovation on firm productivity with the help of a systematic bibliometric analysis. The purpose is to distill key themes, critical research needs, and possible future directions. A systematic search wa...

This study investigates how stakeholder pressures (SSTPR) prompt SMEs to perform green innovation (GRNI) activities by grounding the analysis exclusively in stakeholder theory. It employs a survey questionnaire to gather information from 141 top- and...

Taxation on cryptocurrency is becoming critical in global fiscal governance as digital assets adapt to the modern reality of existing outside of traditional regulatory constructs. Theoretical and practical understanding of cryptocurrency taxation is...

Financial accounting manipulation (FAM) remains a persistent concern in emerging Asian markets, yet existing studies typically assess firm resilience, market valuation, and institutional governance separately. This study addresses this gap by examini...

This study analyzes the short-term capital market wealth effects of acquiring companies in India. The study has taken 449 cases of merger and acquisition announcement effects on shareholder wealth by using multiple models, including the market model,...

This study examines how physical and transition climate risks affect the greenium, assuming that implied volatility serves as a proxy for investor sentiment generated by these risks. Applying a Gated Recurrent Unit (GRU) deep learning model to daily...

The rapid rise in the popularity of cryptocurrencies has drawn increasing attention from investors, entrepreneurs, and the public in recent years. However, this rapid growth comes with risk: many coins fail early and become what are known as “d...