scholarly journals Documenting the functional form of dynamic risk-taking behaviour in a real options context using sporting contests

2017 ◽  
Vol 58 ◽  
pp. 159-178
Author(s):  
Stephen Easton ◽  
Sean Pinder ◽  
Steven Stern
Keyword(s):  
Real Options ◽  
Risk Taking ◽  
Functional Form ◽  
Dynamic Risk

Optimal Dynamic Risk-Taking

2012 ◽  
Author(s):  
Ajay Subramanian ◽  
Baozhong Yang
Keyword(s):  
Risk Taking ◽  
Dynamic Risk ◽  
Optimal Dynamic

Optimal Dynamic Risk Taking

2017 ◽  
Vol 42 (3) ◽  
pp. 599-625 ◽  
Author(s):  
Ajay Subramanian ◽  
Baozhong Yang
Keyword(s):  
Risk Taking ◽  
Dynamic Risk ◽  
Optimal Dynamic

Mapping risk perceptions in dynamic risk‐taking environments

2018 ◽  
Vol 32 (1) ◽  
pp. 94-105 ◽  
Author(s):  
Oliver Schürmann ◽  
Renato Frey ◽  
Timothy J. Pleskac
Keyword(s):  
Risk Taking ◽  
Risk Perceptions ◽  
Dynamic Risk

scholarly journals Purifying Japan's Banks: Issues and Implications

2006 ◽  
Vol 5 (1) ◽  
pp. 1-32 ◽  
Author(s):  
Randall Morck ◽  
Bernard Yeung
Keyword(s):  
Corporate Governance ◽  
Real Options ◽  
Risk Taking ◽  
Empirical Data ◽  
Physical Capital ◽  
Cash Flows ◽  
Postwar Reconstruction ◽  
Catching Up ◽  
Residual Claimants ◽  
Capital Intensive

We use a simple real options framework and empirical data to establish that although Japanese banks hold borrowers' shares, their interest is more along the lines of a contractual claimant than a residual claimant of corporations. We then explain why the Japanese model of corporate governance was useful during the “catching-up” growth of that country's postwar reconstruction decades but became problematic subsequently. The interests of shareholders, creditors, workers, and managers are more readily aligned because such growth entails investment in knowntechnology physical-capital-intensive projects with highly predictable cash flows. Once firms are on the technological frontier, “keeping-up” growth requires risk taking and a tolerance for “creative destruction.” This is better accommodated by entrusting corporate governance to firms' true residual claimants, their shareholders.

The effect of interference on dynamic risk-taking judgments

1999 ◽  
Vol 90 (2) ◽  
pp. 189-199 ◽  
Author(s):  
Mark S. Horswill ◽  
Frank P. Mckenna
Keyword(s):  
Risk Taking ◽  
Dynamic Risk

Dynamic risk taking with bonus schemes

2014 ◽  
Vol 15 (9) ◽  
pp. 1583-1596 ◽  
Author(s):  
Dietmar P.J. Leisen
Keyword(s):  
Risk Taking ◽  
Dynamic Risk

Executive stock options and dynamic risk‐taking incentives

2007 ◽  
Vol 33 (4) ◽  
pp. 281-288 ◽  
Author(s):  
Gerald T. Garvey ◽  
Amin Mawani
Keyword(s):  
Risk Taking ◽  
Stock Options ◽  
Executive Stock Options ◽  
Dynamic Risk

Boys With Epilepsy Are More Susceptible to Risk Taking

2010 ◽  
Vol 44 (10) ◽  
pp. 32
Author(s):  
PATRICE WENDLING
Keyword(s):  
Risk Taking
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