Good for Managers, Bad for Society? Causal Evidence on the Association between Risk‐Taking Incentive

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Theory of Regulatory Compliance, Regulatory Compliance Scale, and Differential Monitoring

The theory of regulatory compliance has enabled the development of differential monitoring, emphasizing tailored, impactful regulations over uniform approaches, proving crucial in risk assessment and

On the Separability of Vector-Valued Risk Measures

This paper defines vector-valued risk measures using axioms and shows they ignore dependence structures of input random vectors, unlike set-valued risk measures. Convex vector-valued risk measures are

The Impact of ECB Banking Supervision on Climate Risk and Sustainable Finance

The paper empirically analyzes the ECB's climate-risk-related supervisory efforts' impact on banks' climate risk exposure, management, and green finance activities. Using a difference-in-difference se