Nos derniers articles

This study analyzes the financial impact of Corporate Social Irresponsibility (CSI) events on European banks using a dataset of 11,832 reputational shocks from 2007-2023. Results show significant negative stock returns and increased volatility following CSI media coverage, with proactive ESG engagement mitigating these effects.

"In this paper we propose efficient #bayesian Hamiltonian #montecarlo method for estimation of #systemicrisk#measures , LRMES, SRISK and ΔCoVaR, and apply it for thirty global systemically important banks and for eighteen largest #us#financialinstitutions over the period of 2000-2020. The systemic risk measures are computed based on the Dynamic Conditional Correlations model with generalized asymmetric #volatility. A policymaker may choose to rank the firms using some quantile of their systemic risk distributions such as 90, 95, or 99% depending on #risk preferences with higher quantiles being more conservative."

"... we uncover the new evidence on how political uncertainty affects the riskiness of firms with high exposure to climate risk."