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dc.contributor.authorBhuiyan, Md. Borhan Uddinen_NZ
dc.contributor.authorCheema, Muhammad A.en_NZ
dc.contributor.authorMan, Yimeien_NZ
dc.coverage.spatialQueenstown, New Zealanden_NZ
dc.date.accessioned2018-02-15T21:05:21Z
dc.date.available2017-12-20en_NZ
dc.date.available2018-02-15T21:05:21Z
dc.date.issued2017en_NZ
dc.identifier.citationBhuiyan, M. B. U., Cheema, M. A., & Man, Y. (2017). Risk committee, corporate risk-taking and firm value. Presented at the 2017 Auckland Finance Meeting, Queenstown, New Zealand, 18-20 December, 2017.en
dc.identifier.urihttps://hdl.handle.net/10289/11655
dc.description.abstractWe empirically examine the impact of the stand-alone risk committee on corporate risk-taking and firm value. We argue that the existence of a stand-alone risk committee enhances the quality of corporate governance which results in improved investor protection by reducing corporate risk-taking and enhancing firm value. We find several measures of risk-taking decline significantly for firms that have a stand-alone risk committee compared with firms that have a joint audit and risk committee. We also find that the presence of a stand-alone risk committee is positively associated with firm value. The evidence is consistent with the proposition that the firms with a stand-alone risk committee can effectively evaluate potential risks and implement a proper risk management system.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.relation.urihttps://acfr.aut.ac.nz/conferences-and-events/past-conferences-and-events/auckland-finance-meeting2/2017-auckland-finance-meeting/academic-programme
dc.source2017 Auckland Finance Meetingen_NZ
dc.titleRisk committee, corporate risk-taking and firm valueen_NZ
dc.typeConference Contribution
pubs.elements-id217263
pubs.finish-date2018-01-20en_NZ
pubs.start-date2018-01-17en_NZ


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