Journal of Risk Finance: Volume 17 Issue 5

What do we know about cyber risk and cyber risk insurance?

Martin Eling, Werner Schnell

This paper aims to provide an overview of the main research topics in the emerging fields of cyber risk and cyber risk insurance. The paper also illustrates future research…

Airline fuel hedging and management ownership

Timo Korkeamäki, Eva Liljeblom, Markus Pfister

The purpose of this paper is to study the value effects of hedging in the airline industry during a period of high volatility and high fuel costs. The authors also study the…

Announced versus canceled bank mergers and acquisitions: Evidence from the European banking industry

Armin Varmaz, Jonas Laibner

This paper aims to empirically analyze the success of European bank mergers and acquisitions (M&As) by an analysis of the shareholder value implications of stock market reactions…

Is there a priced risk factor associated with conservatism?

Kerstin Lopatta, Felix Canitz, Christian Fieberg

García Lara et al. (2011) argue that there is a conservatism-related priced risk factor in US stock returns. To put this to the test, the authors aim to analyze whether the…

Can speed kill?: The cyclical effect of rapid credit growth: evidence from bank lending behavior in Italy

Doriana Cucinelli

This study aims to analyze bank lending behavior before and during the most recent financial crisis. Banks are more willing to grant loans during economic expansion. However, this…