Journal of Risk Finance: Volume 16 Issue 1

Risk profiles for re-profiling the sovereign debt of crisis countries

Andrea Consiglio, Stavros Zenios

This paper aims to use a risk management approach for re-profiling of sovereign debt. It develops profiles that trade off expected cost of financing alternative debt structures…

Joint pricing of VIX and SPX options with stochastic volatility and jump models

Thomas Kokholm, Martin Stisen

This paper studies the performance of commonly employed stochastic volatility and jump models in the consistent pricing of The CBOE Volatility Index (VIX) and The S&P 500 Index…

Measuring infrastructure investment option value

Gabriel J Power, Charli D. Tandja M., Josée Bastien, Philippe Grégoire

The purpose of this paper is to propose a risk-based framework to estimate the option value of infrastructure investment, accounting for the stochastic behavior of both financial…

How do family ownership and founder management affect capital structure decisions and adjustment of SMEs?: Evidence from a bank-based economy

Johann Burgstaller, Eva Wagner

The purpose of this paper s to study the financing behavior of family firms (FF), as these differ from their small- and medium-sized enterprise (SME) counterparts in their capital…

Debt financing and firm performance: an empirical study based on Swedish data

Darush Yazdanfar, Peter Öhman

– The purpose of this study is to examine the relationship between debt level and performance among small and medium-sized enterprises (SMEs).