Academic literature on the topic 'Risk-shifting'
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Journal articles on the topic "Risk-shifting"
Sonnenberg, Amnon, and Gennadiy Bakis. "Risk Shifting in Gastroenterology." Gastro Hep Advances 1, no. 4 (2022): 517–19. http://dx.doi.org/10.1016/j.gastha.2022.02.019.
Full text최시열, 안성필, and Gwangheon Hong. "Risk Shifting and Asset Volatility." KOREAN JOURNAL OF FINANCIAL MANAGEMENT 32, no. 4 (December 2015): 177–202. http://dx.doi.org/10.22510/kjofm.2015.32.4.007.
Full textSTAHL, DULCELINA A. "Risk Shifting in Subacute Care." Nursing Management (Springhouse) 27, no. 7 (July 1996): 20???23. http://dx.doi.org/10.1097/00006247-199607000-00004.
Full textEisdorfer, Assaf. "Risk-shifting and investment asymmetry." Finance Research Letters 7, no. 4 (December 2010): 232–37. http://dx.doi.org/10.1016/j.frl.2010.05.005.
Full textLi, Keming, Jimmy Lockwood, and Hong Miao. "Risk-shifting, equity risk, and the distress puzzle." Journal of Corporate Finance 44 (June 2017): 275–88. http://dx.doi.org/10.1016/j.jcorpfin.2017.04.003.
Full textÇizakça, Murat. "Risk sharing and risk shifting: An historical perspective." Borsa Istanbul Review 14, no. 4 (December 2014): 191–95. http://dx.doi.org/10.1016/j.bir.2014.06.001.
Full textChan, Su Han, Fang Fang, and Jing Yang. "Presales, Leverage Decisions, and Risk Shifting." Journal of Real Estate Research 36, no. 4 (January 1, 2014): 475–510. http://dx.doi.org/10.1080/10835547.2014.12091399.
Full textDunham, Lee M. "Risk Shifting and Mutual Fund Performance." CFA Digest 42, no. 1 (February 2012): 93–95. http://dx.doi.org/10.2469/dig.v42.n1.8.
Full textDanielova, Anna N., Sudipto Sarkar, and Gwangheon Hong. "Empirical Evidence on Corporate Risk-Shifting." Financial Review 48, no. 3 (July 4, 2013): 443–60. http://dx.doi.org/10.1111/fire.12010.
Full textIndyk, Debbie, and Sarit A. Golub. "The Shifting Locus of Risk-Reduction." Social Work in Health Care 42, no. 3-4 (June 19, 2006): 112–32. http://dx.doi.org/10.1300/j010v42n03_08.
Full textDissertations / Theses on the topic "Risk-shifting"
Loktionov, Yuri V. "Does accounting quality mitigate risk shifting?" Thesis, Massachusetts Institute of Technology, 2009. http://hdl.handle.net/1721.1/58377.
Full textCataloged from PDF version of thesis.
Includes bibliographical references (p. 56-62).
This study examines the effect of financial reporting quality on risk shifting, an investment distortion that is caused by shareholders' incentives to engage in high-risk projects that are detrimental to debt holders. I use asymmetric timeliness to proxy for a dimension of accounting quality that is particularly useful to debt holders. Asymmetric timeliness is expected to improve debt holders' ability to effectively monitor the management's actions and to discipline the managers when necessary. I predict that the effect of accounting quality on risk shifting will be stronger in firms with poor information environment, in distressed firms, in cash-rich firm, and after the adoption of the Sarbanes-Oxley Act of 2002. I also expect this effect to vary based on the firm's source of debt. The results are consistent with the predictions and robust to alternative measures of risk shifting, accounting quality, distress risk, and various control variables.
by Yuri V. Loktionov.
Ph.D.
Hallahan, Terrence Anthony, and terry hallahan@rmit edu au. "Issues in investment risk: a supply-side and demand-side analysis of the Australian managed fund industry." RMIT University. Economics, Finance and Marketing, 2006. http://adt.lib.rmit.edu.au/adt/public/adt-VIT20061206.095924.
Full textGamber, Edward. "Empirical identification of the risk shifting aspect of labor market implicit contracts." Diss., Virginia Polytechnic Institute and State University, 1986. http://hdl.handle.net/10919/50019.
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Patra, Sudip. "Essays in bank dividend signaling, smoothing and risk shifting under information asymmetry and agency conflict." Thesis, University of Glasgow, 2019. http://theses.gla.ac.uk/41017/.
Full textAlthaus, Junior Adalto Acir. "A taxa de performance e o comportamento de risk shifting dos fundos de investimento em ações." reponame:Repositório Institucional do FGV, 2017. http://hdl.handle.net/10438/18062.
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This study aims to investigate the risk shifting behavior of mutual funds to test the hypotheses that managers have incentives to raise risk. We evaluated the effect of performance fees on the level of risk, risk shifting and mutual fund's performance to assess agency costs differences between both mutual funds - with and without performance fees. We observed the mutual fund's volatility level and its changes imposed by the managers. Volatility was estimated by a standard deviation of returns in the last 12 months. The change on the level of risk measured was the risk shifting, that is, the difference between a mutual fund's current portfolio holdings volatility and its past realized volatility, both estimated over past 12 months' period. We used a sample of 203 Brazilian mutual funds which covered the period from 2009 to 2015. We used data from stock prices, Brazilian bonds prices, BDRs prices and the characteristics of these funds. When funds have higher monthly returns, they tend to run negative risk shifting; when they have lower monthly returns, they tend to seek risk by doing positive risk shifting. When the funds decrease their risk (negative risk shifting), they tend to perform better. It is possible to ensure that the funds which charge performance fee have superior performance if compared to those that without performance fee. Also, they have greater positive risk shifting and lower negative risk shifting. However, funds that charged performance fees presented lower levels of risk. These findings suggest that the performance fee can contribute to align interests between mutual funds and their investors. These results are more in accordance to the behavior of risk-averse managers who used their stock selection or market timing ability to ensure a desirable minimum performance, rather than use maximum effort to looking for extraordinary returns.
Este trabalho investiga o comportamento do deslocamento de risco (risk shifting) nos fundos de investimento em ações e suas consequências sobre o desempenho, para examinar a hipótese de que os gestores têm incentivos para elevar o risco dos fundos. Estuda o efeito da taxa de performance sobre o desempenho, o nível de risco e o risk shifting dos fundos para identificar diferenças nos custos de agência entre os fundos que cobram e os que não cobram taxa de performance. Essa avaliação é feita observando-se o nível de risco dos fundos e as variações impostas pelo gestor em torno do nível de risco operado pelo fundo. O risco é medido pelo desvio padrão do retorno mensal realizado pelos fundos nos últimos 12 meses. O risk shifting dos fundos é medido como a diferença entre a volatilidade de um retorno mensal hipotético, estimado a partir das carteiras divulgadas pelos fundos, e a volatilidade do retorno mensal realizado, ambos sobre os últimos 12 meses. A amostra contou com dados de 203 fundos brasileiros de investimento em ações no período de 2009 a 2015. Foram utilizados dados de retorno das ações da BM&F Bovespa, títulos públicos, BDRs e cotas de fundos de investimento, além das características dos fundos. Quando os fundos têm maiores retornos mensais, tendem a fazer risk shifting negativo; quando têm menores retornos mensais; tendem a buscar risco, fazendo risk shifting positivo. Quando os fundos fazem risk shifting negativo tendem a ter desempenho melhor. É possível afirmar que os fundos que cobram taxa de performance têm desempenho superior àqueles que não cobram, fazem maiores risk shiftings positivos e menores negativos. No entanto, fundos que cobram taxa de performance apresentam menores níveis de risco. Esses achados sugerem que a taxa de performance é um instrumento capaz de contribuir no alinhamento de interesses entre os fundos de investimento em ações e seus investidores. Esses resultados estão mais alinhados com o comportamento de gestores avessos a risco, que usam sua habilidade de seleção de ativos ou market timing para garantir um desempenho mínimo desejável, em vez de imprimir esforços para buscar retornos extraordinários.
Kurniawan, Meinanda. "Mutual fund tournaments, style drift and active returns." Thesis, Queensland University of Technology, 2017. https://eprints.qut.edu.au/123513/1/Meinanda%20Kurniawan%20Thesis.pdf.
Full textVera-Concha, Germán E. "Expropriation, extraction, and evasion decisions in the design of taxation regimes for the natural resources industry." Thesis, University of Oxford, 2018. http://ora.ox.ac.uk/objects/uuid:b55dc55d-218c-4feb-a93b-991eebb61d10.
Full textBARBI, MASSIMILIANO. "Corporate Equity Warrant: Pricing Arbitrage-Free ed Implicazioni per la Finanza Aziendale." Doctoral thesis, Università Cattolica del Sacro Cuore, 2009. http://hdl.handle.net/10280/463.
Full textCorporate equity warrants are one of the more fascinating capital-raising tools available to corporate finance officers. At a first approximation, they are option-like securities and according to this similarity, the pricing is usually performed by application of the standard option pricing theory. However, the theoretical and empirical analysis of warrants still remains an interesting research field within the finance literature. The reason is that warrants are more complex than call options. From an asset pricing point of view, the presence of some specific features (e.g., the equity dilution) prevents from using simple plain-vanilla formulas, while from a corporate finance standpoint, warrants offer several implications, principally because they affect the systematic risk of common stocks and are related to the choice of the firm’s capital structure. The purpose of this thesis is to analyse corporate warrants and address some of the main open questions about their value. In particular, after reviewing the financial literature about warrant pricing and presenting some commonly accepted formulas, the relationship between warrants and the volatility of the underlying stock return is examined. Contrarily to the classical call options, in fact, warrants affect the capital structure of the issuing firm and produce a risk-shifting effect among equity claimants. We derive an alternative approach to pricing equity warrant, embedding this risk-shifting feature, and we propose both a theoretical simulation and an empirical test based on a sample of Italian warrants proving its accuracy.
Lim, Ivan Wen Yan. "Essays on banking." Thesis, University of Edinburgh, 2018. http://hdl.handle.net/1842/31107.
Full textStoffle, Richard W. "Shifting Risks: Hoover Dam Bridge Impacts on American Indian Sacred Landscapes." Bureau of Applied Research in Applied Anthropology, University of Arizona, 2001. http://hdl.handle.net/10150/298026.
Full textBooks on the topic "Risk-shifting"
Hovakimian, Armen. Risk-shifting by federally insured commercial banks. Cambridge, MA: National Bureau of Economic Research, 1996.
Find full textRauh, Joshua. Risk shifting versus risk management: Investment policy in corporate pension plans. Cambridge, MA: National Bureau of Economic Research, 2007.
Find full textRauh, Joshua. Risk shifting versus risk management: Investment policy in corporate pension plans. Cambridge, Mass: National Bureau of Economic Research, 2007.
Find full textJohn, Kose. Risk-shifting incentives and signalling through corporate capital structure. New York: Salomon Brothers Center for the Study of Financial Institutions, Graduate School of Business Administration, New York University, 1987.
Find full textJohn, Kose. Risk-shifting incentives and signalling through corporate capital structure. New York: Salomon Brothers Center for the Study of Financial Institutions, Graduate School of Business Administration, New York University, 1987.
Find full textHovakimian, Armen. How country and safety-net characteristics affect bank risk-shifting. Cambridge, Mass: National Bureau of Economic Research, 2002.
Find full textname, No. Risk, culture, and health inequality: Shifting perceptions of danger and blame. Westport, CT: Praeger, 2003.
Find full text1951-, Harthorn Barbara Herr, and Oaks Laury 1967-, eds. Risk, culture, and health inequality: Shifting perceptions of danger and blame. Westport, Conn: Praeger, 2003.
Find full textM, Fakrul Islam S., and South Asian Network for Development and Environmental Economics, eds. Shifting cultivation and its alternatives in Bangladesh: Productivity, risk, and discount rates. Kathmandu: South Asian Network for Development and Environmental Economics, 2007.
Find full textKumar, Manmohan S. Pure contagion and investors' shifting risk appetite: Analytical issues and empirical evidence. [Washington, D.C.]: International Monetary Fund, Research Department, 2001.
Find full textBook chapters on the topic "Risk-shifting"
Nadesan, Majia. "Children, the Great Recession and Shifting Calculi of Risk." In Education and the Risk Society, 35–53. Rotterdam: SensePublishers, 2012. http://dx.doi.org/10.1007/978-94-6091-961-9_2.
Full textMoran, Peter William. "Children, the Great Recession and Shifting Calculi of Risk." In Education and the Risk Society, 55–73. Rotterdam: SensePublishers, 2012. http://dx.doi.org/10.1007/978-94-6091-961-9_3.
Full textAnbumozhi, Venkatachalam, Fukunari Kimura, and Shandre Mugan Thangavelu. "Global Supply Chain Resilience: Vulnerability and Shifting Risk Management Strategies." In Supply Chain Resilience, 3–14. Singapore: Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-2870-5_1.
Full textElliot, Viktor, and Ted Lindblom. "The Swedish Mortgage Market: Bank Funding, Margins, and Risk Shifting." In The Business of Banking, 35–53. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-54894-4_3.
Full textDuran, Miguel A., and Ana Lozano-Vivas. "Agency Problems in Banking: Types of and Incentives for Risk Shifting." In Financial Crisis, Bank Behaviour and Credit Crunch, 53–66. Cham: Springer International Publishing, 2016. http://dx.doi.org/10.1007/978-3-319-17413-6_4.
Full textRousseau, Denise M. "The Shifting Risk for the American Worker in the Contemporary Employment Contract." In America at Work, 153–71. New York: Palgrave Macmillan US, 2006. http://dx.doi.org/10.1057/9781403983596_9.
Full textGreenough, Karen Marie. "Pastoralists Shifting Strategies and Perceptions of Risk: Post-crisis Recovery in Damergou, Niger." In Climate Change Management, 129–42. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-64599-5_7.
Full textGarzilli, Francesca, Federica Vingelli, and Valentina Vittiglio. "Shifting Risk into Productivity: Inclusive and Regenerative Approaches Within Compromised Contexts in Peri-Urban Areas." In Regenerative Territories, 51–69. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-78536-9_3.
Full textSousa-Duarte, Fernanda. "Discourses Around Telework in the Brazilian Banking Sector: The Impact of COVID-19 in Shifting Framings of Vulnerability and Risk." In Covid-19 and the Sociology of Risk and Uncertainty, 53–83. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-95167-2_3.
Full textPandya, Jayshree. "Developed and Developing: Shifting Powers." In Topics in Safety, Risk, Reliability and Quality, 139–43. Dordrecht: Springer Netherlands, 2012. http://dx.doi.org/10.1007/978-94-007-1260-7_14.
Full textConference papers on the topic "Risk-shifting"
KASTENBERG, WILLIAM E., GLORIA HAUSER-KASTENBERG, and DAVID NORRIS. "SHIFTING THE PARADIGM OF RISK ANALYSIS." In Proceedings of the International Seminar on Nuclear War and Planetary Emergencies — 29th Session. WORLD SCIENTIFIC, 2003. http://dx.doi.org/10.1142/9789812704184_0016.
Full textStorms, Justin G., and Dawn M. Tilbury. "Dynamic Weight-Shifting to Reduce Rollover Risk in High Speed Mobile Manipulators." In ASME 2014 Dynamic Systems and Control Conference. American Society of Mechanical Engineers, 2014. http://dx.doi.org/10.1115/dscc2014-6302.
Full textFerguson, J., S. Costello, M. Cullen, and E. Eisen. "1600 Shifting times: recent rotational shiftwork and incident hypertension risk." In 32nd Triennial Congress of the International Commission on Occupational Health (ICOH), Dublin, Ireland, 29th April to 4th May 2018. BMJ Publishing Group Ltd, 2018. http://dx.doi.org/10.1136/oemed-2018-icohabstracts.1369.
Full textHattum, Koen C. van, Lars T. de Ruig, Matthijs F. M. Bos, Jarl Kind, and Hans de Moel. "Shifting from asset damage to well-being loss within flood risk management." In FLOODrisk 2020 - 4th European Conference on Flood Risk Management. Online: Budapest University of Technology and Economics, 2021. http://dx.doi.org/10.3311/floodrisk2020.11.20.
Full textGanjidoost, Amin, Karl Ivan San Luis, and Craig Daly. "Shifting to a Monetized Quantitative Approach for Risk Analysis Using Property Damages." In Pipelines 2019. Reston, VA: American Society of Civil Engineers, 2019. http://dx.doi.org/10.1061/9780784482483.001.
Full textKeomanivong, Soulinny, and Linfan. "Fixed Deposit of Bank Data Analysis and Risk-Shifting Behavior at Commercial Banks." In 2021 25th International Computer Science and Engineering Conference (ICSEC). IEEE, 2021. http://dx.doi.org/10.1109/icsec53205.2021.9684627.
Full textBracic, Jan J., Craig Malcovish, and Eugene Yaremko. "Risk Management for Lateral Channel Movement at Pipeline Water Crossings." In 2014 10th International Pipeline Conference. American Society of Mechanical Engineers, 2014. http://dx.doi.org/10.1115/ipc2014-33632.
Full textLesage, Ann, Robin Kay, and Diane Tepylo. "A FLIPPED CLASSROOM APPROACH TO SUPPORTING AT-RISK UNIVERSITY MATHEMATICS STUDENTS: SHIFTING THE FOCUS TO PEDAGOGY." In 12th annual International Conference of Education, Research and Innovation. IATED, 2019. http://dx.doi.org/10.21125/iceri.2019.1315.
Full textSilveira, Christina. "A Knowledge-Based Risk Management for the Utility Business Service Model." In 2003 Informing Science + IT Education Conference. Informing Science Institute, 2003. http://dx.doi.org/10.28945/2685.
Full textMurchie, Stuart William, Bård Martin Tinnen, Arne Motland, Bjarte Bore, and Peter Gaballa. "Highly Instrumented Electric Line Deployed Intervention Technology Platform Provides Precise, Controlled High Expansion Completion Manipulation Capabilities." In SPE/ICoTA Well Intervention Conference and Exhibition. SPE, 2022. http://dx.doi.org/10.2118/208987-ms.
Full textReports on the topic "Risk-shifting"
Huang, Jennifer, Clemens Sialm, and Hanjiang Zhang. Risk Shifting and Mutual Fund Performance. Cambridge, MA: National Bureau of Economic Research, April 2009. http://dx.doi.org/10.3386/w14903.
Full textGrossman, Herschel, and John Van Huyck. Nominally Sovereign Debt, Risk Shifting, and Reputation. Cambridge, MA: National Bureau of Economic Research, May 1987. http://dx.doi.org/10.3386/w2259.
Full textHovakimian, Armen, and Edward Kane. Risk-Shifting by Federally Insured Commercial Banks. Cambridge, MA: National Bureau of Economic Research, August 1996. http://dx.doi.org/10.3386/w5711.
Full textRauh, Joshua. Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans. Cambridge, MA: National Bureau of Economic Research, July 2007. http://dx.doi.org/10.3386/w13240.
Full textDrexler, Alejandro, and Thomas B. King. Capital Constraints and Risk Shifting: An Instrumental Approach. Federal Reserve Bank of Chicago, 2021. http://dx.doi.org/10.21033/wp-2021-13.
Full textHovakimian, Armen, Edward Kane, and Luc Laeven. How Country and Safety-Net Characteristics Affect Bank Risk-Shifting. Cambridge, MA: National Bureau of Economic Research, November 2002. http://dx.doi.org/10.3386/w9322.
Full textAngevine, Colin, Karen Cator, Babe Liberman, Kim Smith, and Viki Young. Designing a Process for Inclusive Innovation: A Radical Commitment to Equity. Digital Promise, November 2019. http://dx.doi.org/10.51388/20.500.12265/86.
Full textAked, Jody. Supply Chains, the Informal Economy, and the Worst Forms of Child Labour. Institute of Development Studies (IDS), July 2021. http://dx.doi.org/10.19088/clarissa.2021.006.
Full textWeller, Joshua, Gulbanu Kaptan, Rajinder Bhandal, and Darren Battachery. Kitchen Life 2. Food Standards Agency, February 2022. http://dx.doi.org/10.46756/sci.fsa.wom249.
Full textShifting support for inequitable gender norms among young Indian men to reduce HIV risk and partner violence. Population Council, 2006. http://dx.doi.org/10.31899/hiv13.1004.
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