Amid #digitalfinance's rise, its role in combating corporate #financialfraud gains attention. The study explores how digital finance curbs fraud via #transparency, #regulation, #riskcontrol, and trust mechanisms. Findings suggest positive impacts on deterring corporate #fraud, with implications for digital finance development and #fraudprevention
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
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 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