Inherent risk is highest when management has to use a substantial amount of judgment and approximation in recording a transaction, or where complex financial instruments are involved. Complex ...
No wonder why many financial advisors see risk profiles as just another compliance requirement to cross off. A proven approach to risk assessment could offer advisors a significant competitive ...
In this paper, we study the interplay between sovereign risk and global financial risk. We show that a substantial portion of the comovement among sovereign spreads is accounted for by changes in ...