Does corporate risk management lead to risk mitigation and firm performance? Evidence from Asian emerging markets

A Khan, Z Rehman, MI Khan, I Badshah - Management Research …, 2024 - emerald.com
Purpose This study aims to verify the significance of Andersen (2008) corporate risk
management (CRM) framework in Asian emerging markets (AEMs) to control firm risk and …

Is Bowman's paradox an empirical artifact? Evidence from Asian emerging countries

A Khan, Z Rehman, I Badshah, MI Khan - Managerial Finance, 2024 - emerald.com
Purpose This study aims to reconcile and address Bowman's paradox empirical criticism
from the lens of financial theory, corporate strategy and their econometric adversaries based …

Modeling nonlinear in Bowman's paradox: the case of Pakistan

F Mahmood, RM Kunst - Empirical Economics, 2023 - Springer
Prospect theory frequently explains the empirical results of Bowman's paradox (negative
relationship between risk and return). However, the empirical econometric model of these …