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Risk Management Theory: A comprehensive empirical …

Risk Management Theory: A comprehensive empirical

mpra.ub.uni-muenchen.de

Evidence to support the predictions of financial economics theory approach to risk management is poor. Although risk management does lead to lower variability of corporate value (e.g. Jin and Jorion, 2006), which is the main prerequisite for all other effects, there seems to be little proof of this being linked with benefits specified by the ...

  Management, Risks, Benefits, Theory, Comprehensive, Empirical, Risk management theory, A comprehensive empirical

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