Results 61 to 70 of about 5,454,495 (242)
Property Rights Entrepreneurship: The Drive for Product, Asset, and Resource Excludability
Managerial and Decision Economics, EarlyView.ABSTRACT Property rights are foundational to market economies, and entrepreneurial activity depends heavily on the excludability afforded by property rights. Yet, the role of entrepreneurs in shaping the evolution of property rights has been so thoroughly taken for granted that it often vanishes from analyses.
Thomas J. Dean +2 more
wiley +1 more source
The counterparty risk exposure of ETF investors [PDF]
Journal of Banking & Finance, 2019 As most Exchange-Traded Funds (ETFs) engage in securities lending or are based on total return swaps, they expose their investors to counterparty risk. In this paper, we estimate empirically such risk exposures for a sample of physical and swap-based funds.
Hurlin, Christophe +3 more
openaire +3 more sources
Blockchain: Research and ApplicationsFinancial derivatives are widely recognized for their effectiveness in managing interest rate risk, demonstrating the principle of comparative advantage in finance.
Hua Wang, Jinjing Liu, Jian Zhao
doaj +1 more source
Sustainable Development, EarlyView.ABSTRACT This study investigates stakeholder perspectives on mobilising private‐sector finance for climate adaptation in Southeast Asia, emphasising Hong Kong's role as a financial intermediary. Through semi‐structured interviews with diverse stakeholders, including practitioners, policymakers, insurers, and project developers, we employed a grounded ...
Laurence L. Delina +4 more
wiley +1 more source
RisksGeopolitical risk has become an increasingly important source of financial uncertainty, with implications for asset prices, financial institutions, capital flows, and financial stability.
Pan Han, Manlin Zhang
doaj +1 more source
Central counterparty clearing: constructing a framework for evaluation of risks and benefits [PDF]
A Central Counterparty (CCP) is an entity that interposes itself between transacting counterparties – a seller vis-à-vis the original buyer and a buyer vis-à-vis the original seller – to guarantee execution of the transaction.
Ripatti, Kirsi
core +2 more sources
Utilization Schemes of the Pre-Settlement Risk Limits
Finanse i Prawo FinansoweThe purpose of the article is to investigate the selected method employed to manage the counterparty credit risk, namely the application of various risk limits.
Piotr Wybieralski
doaj +1 more source
Total Return Swap Valuation with Counterparty Risk and Interest Rate Risk
Abstract and Applied Analysis, 2014 We study the pricing of total return swap (TRS) under the contagion models with counterparty risk and the interest rate risk. We assume that interest rate follows Heath-Jarrow-Morton (HJM) forward interest rate model and obtain the Libor market interest ...
Anjiao Wang, Zhongxing Ye
doaj +1 more source
Systemic Risk in the European Union: A Network Approach to Banks’ Sovereign Debt Exposures
International Journal of Financial Studies, 2015 This paper draws on network theory to investigate European banks’ sovereign debt exposures. Banks’ holdings of sovereign debt build a network of financial linkages with European countries that exhibits a long-tail distribution of node degrees.
Annika Westphal
doaj +1 more source
Recommendations to Reform the National Electricity Market (NEM)
Australian Journal of Agricultural and Resource Economics, EarlyView.ABSTRACT Australia's National Electricity Market (NEM) was established in the late 1990s. The market is an energy only gross pool with zonal (state‐based) pricing. Over the past 15 years, the system has undergone a profound transformation as large coal‐fired power stations have retired and substantial volumes of large‐scale and embedded behind the ...
Tim Nelson +3 more
wiley +1 more source