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Risks, Volume 11, Issue 1

January 2023 - 21 articles

Cover Story: Integrated thinking is a strategic response by business leaders, encompassing aspects such as setting up a sustainability committee and environmental and social reporting, pursuing the United Nations Sustainable Development Goals, and obtaining assurance for integrated reports. The authors sought to answer the question: Can integrated thinking decrease financial risk? The answer is positive. In a global sample of 7111 companies over five years, integrated thinking was deemed to increase company liquidity (proxied by the cash ratio) and decrease the weighted average cost of capital. These relationships are further nuanced by considering the compensation of the chief executive officer. View this paper
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Articles (21)

  • Article
  • Open Access
3 Citations
2,637 Views
26 Pages

12 January 2023

The purpose of this paper is to investigate equity-linked death benefits for joint alive and last survivor individuals. Utilizing Farlie–Gumbel–Morgenstern (FGM) type dependency modeling framework, we first analyze the joint distribution...

  • Article
  • Open Access
12 Citations
5,987 Views
17 Pages

Adversarial Artificial Intelligence in Insurance: From an Example to Some Potential Remedies

  • Behnaz Amerirad,
  • Matteo Cattaneo,
  • Ron S. Kenett and
  • Elisa Luciano

11 January 2023

Artificial intelligence (AI) is a tool that financial intermediaries and insurance companies use or are willing to use in almost all their activities. AI can have a positive impact on almost all aspects of the insurance value chain: pricing, underwri...

  • Article
  • Open Access
6 Citations
4,085 Views
11 Pages

11 January 2023

During the COVID-19 pandemic, technology stocks, such as FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google), attracted the attention of global investors due to the vast use of technology in daily business. However, technology stocks are gene...

  • Feature Paper
  • Article
  • Open Access
1 Citations
3,621 Views
25 Pages

Dependence Modelling of Lifetimes in Egyptian Families

  • Kira Henshaw,
  • Waleed Hana,
  • Corina Constantinescu and
  • Dalia Khalil

11 January 2023

In this study, we analyse a large sample of Egyptian social pension data which covers, by law, the policyholder’s spouse, children, parents and siblings. This data set uniquely enables the study and comparison of pairwise dependence between multiple...

  • Article
  • Open Access
6 Citations
6,471 Views
18 Pages

Rational versus Irrational Behavior of Indonesian Cryptocurrency Owners in Making Investment Decision

  • Elisa Tjondro,
  • Saarce Elsye Hatane,
  • Retnaningtyas Widuri and
  • Josua Tarigan

11 January 2023

The purpose of this study is to investigate the salient factors that influence Indonesian cryptocurrency owners in making their investment decision. This study employs intergroup bias, subjective norms, overborrowing, and spending control to explain...

  • Article
  • Open Access
4 Citations
5,712 Views
11 Pages

Trade Credit Management and Profitability of Jordanian Manufacturing Firms

  • Ghaith N. Al-Eitan,
  • Ibrahim M. Khanji and
  • Shadi A. Saraireh

10 January 2023

The significant role of Small and Medium Enterprises (SMEs) in the growth of the economy has been well-documented in the past few decades. Studies in literature have focused on the reasons behind the trade credit offerings and acceptance of SMEs, but...

  • Article
  • Open Access
32 Citations
6,124 Views
21 Pages

A Wavelet Analysis of the Dynamic Connectedness among Oil Prices, Green Bonds, and CO2 Emissions

  • Nini Johana Marín-Rodríguez,
  • Juan David González-Ruiz and
  • Sergio Botero

9 January 2023

Wavelet power spectrum (WPS) and wavelet coherence analyses (WCA) are used to examine the co-movements among oil prices, green bonds, and CO2 emissions on daily data from January 2014 to October 2022. The WPS results show that oil returns exhibit sig...

  • Article
  • Open Access
21 Citations
8,935 Views
19 Pages

Analysis of Yields and Their Determinants in the European Corporate Green Bond Market

  • Sergei Grishunin,
  • Alesya Bukreeva,
  • Svetlana Suloeva and
  • Ekaterina Burova

6 January 2023

The green bond market helps to mobilize financial sources toward sustainable investments. Green bonds are similar to conventional bonds but are specifically designed to raise money to finance environmental projects. The feature of green bonds is the...

  • Article
  • Open Access
2 Citations
3,444 Views
14 Pages

6 January 2023

Simulation-based company valuations are based on an analysis of the risks in the company to be valued. This means that risk analysis is decisively important in a simulation-based business valuation. The link between risk measures, risk conception and...

  • Article
  • Open Access
12 Citations
5,045 Views
13 Pages

4 January 2023

Insurance distributors are increasingly using robo-advisors for a variety of tasks, ranging from facilitating communication with customers to providing substantive advice. Like many other AI-empowered applications, robo-advisors have the potential to...

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Risks - ISSN 2227-9091