Risk capital is the contribution of an exposure to the default risk of a financial institution. We investigate its relationship with required shareholder returns, showing that the use of return on risk capital (RAROC) as a risk-adjusted performance measure is inconsistent with the standard theory of financial valuation and that using this one measure to represent at the same time both contribut...

We evaluate the risk of socially responsible investment (SRI) stocks from Central and Eastern European (CEE) markets. Our analysis covers data first oldest national sustainability stock market index introduced in CEE countries, i.e. RESPECT listed at Warsaw Stock Exchange (WSE) Poland, which was launched 2009. The are compared with other belonging to CECE SRI broader region Vienna (VSE). beta c...

Projects are about the planning and delivery of beneficial change. This beneficial change may involve the creation of a desired physical asset or some less tangible organizational change. In either case, the pursuit of opportunities is an inherent central concern. Throughout any project what can be achieved is subject to uncertainty. Uncertainty underlies risk and the pursuit of inherent projec...

Background: Cumulative effects of biomechanical risk factors on rotator cuff tendinopathy have not yet been determined. Accordingly, this study aimed to investigate cumulative effects of biomechanical risk factors on rotator cuff tendinopathy among workers. Materials & Methods: This descriptive study was conducted on 470 patients suspected of rotator cuff tendinopathy, who referred to the radi...

The Global Financial Crisis (GFC) changes the relative economic riskiness and risk-adjusted-performance of different asset markets. While empirical distribution for stock return shifted to right became more concentrated around mean after GFC, real estate market counterparts moved left spread out. risk OFHEO Case-Shiller housing indices was smaller than counterpart equity REIT (EREITs) before fi...

Background and Purpose—Stroke is the fourth-leading cause of death and a leading cause of long-term major disability in the United States. Measuring outcomes after stroke has important policy implications. The primary goals of this consensus statement are to (1) review statistical considerations when evaluating models that define hospital performance in providing stroke care; (2) discuss the be...

In reality, humans are always exposed to a combination of toxic substances and seldom to a single agent. Simultaneous exposure to a multitude of chemicals could result in unexpected consequences. The combined risk may lead to greater or less than a simple summation of the effects induced by chemicals given individually. Here, a method is proposed for estimating the cumulative risk which is the ...

Portfolio and asset pricing theory use symmetric volatility measures to evaluate risk. We propose a method to isolate the risk that the portfolio suffers a loss, separate from the risk that the portfolio reaps uncommon gains. Specifically we take advantage of the one-sided nature of option payments and show how downside risk will only affect the value of a put option (with correctly specified s...