The author investigates the relationship between climate change and credit risk characteristics of individual obligors and portfolios of credit obligations.
Saba founder says he never planned to be an activist investor. Now he’s battling BlackRock – again
Could Cyprus have spotted the warning signs before handing FTX the keys to European customers?
Proposed legislation addresses many of the issues that led to FTX’s failure, Behnam tells Congress
BoE warns against lending shares to borrowers aiming to influence AGM votes, but will anyone outside the UK listen?
David Mathers was also CEO of the swap dealer entities that housed the bank’s trades with Archegos
Ahead of shareholder vote, former execs point to gaps in key report – raising new questions about accountability
Interest rates might be a challenge, but they are also an opportunity for insurers, Gus Ortega, head of operational risk management at Voya Financial, tells Risk.net
Loose SFDR definitions leave room for Russian state-owned firms to remain in article 8 funds
In this paper, the authors investigate financial fraud in companies listed on the Athens Stock Exchange during the period 2008–18 and propose a model to detect fraudulent financial statements.
This paper revisits the linkage between internal audit function characteristics and internal control quality and proposes a random polynomial model for assessing ICQ.
This Risk.net special report comprises a series of articles that reflect on the latest initiatives for consistent standardised global frameworks for measuring ESG, consider the methodologies investors are using to make measurable progress for people and…
SSGA will vote against companies that do too little on climate, but won’t abandon them entirely
Risk disclosures in annual reports: the role of nonfinancial companies listed on the Athens stock exchange
This study analyzes the risks disclosed by all nonfinancial companies listed on the Athens stock exchange by undertaking content analysis of their annual reports during the period 2005–11.
Asia Risk Awards 2021
Asset managers must put pressure on the companies they invest in
Asset manager Aegon hits out at “flawed” ESG ratings methodologies
Starting with an expert assessment of the climate risk factors over a specified horizon, then moving to a description of the expected number of climate events and the severity of the losses if an event occurs, the authors describe a framework to analyze…
Vague rules leave managers unsure which categories to apply to their funds
State fund and MIT’s business school look to improve ESG data and to reflect all investors’ views
The authors investigate the financial structure of Jet Airways, with the aim of understanding whether financial turbulence for an airline company can constitute an antecedent for predicting the risk of bankruptcy.
Social intel proves elusive as virus reawakens sense of corporate virtue