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The Effect of Financial Risk Management on the Financial Performance of Commercial Banks in Kenya
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The Effect of Financial Risk Management on the Financial Performance of Commercial Banks in Kenya (2017)The Effect of Financial Risk Management o…DETERMINANTS OF FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN KENYA (2013)DETERMINANTS OF FINANCIAL PER…The Return of Depression Economics and the Crisis of 2008 (2010)The Return of Depression Econ…The return of depression economics and the crisis of 2008 (2009)The return of depression econ…Systemic Banking Crises: A New Database (2008)Systemic Banking Crises: A Ne…In Search of Distress Risk (2008)In Search of Distress RiskForecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Multi-period corporate default prediction with stochastic covariates (2006)Multi-period corporate defaul…Bank-specific, industry-specific and macroeconomic determinants of bank profitability (2006)Bank-specific, industry-speci…Bank provisioning behaviour and procyclicality (2004)Bank provisioning behaviour a…Assessing the Probability of Bankruptcy (2004)Assessing the Probability of …Evidence on the (Non) Relationship between Concentration and Profitability in Banking (1985)Evidence on the (Non) Relatio…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…Portfolio Selection: Efficient Diversification of Investments. 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(2013)Economic Freedom of the World: 2022 Annual Report (2022)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)The impact of corporate social responsibility on the cost of bank loans (2010)Editor's Choice Digesting Anomalies: An Investment ApproachAdvances in prospect theory: Cumulative representation of uncertainty (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)… and the Cross-Section of Expected Returns (2015)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)
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References

  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1959Portfolio Selection: Efficient Diversification of Investments5,535 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1962Portfolio Selection: Efficient Diversification of Investments.3,621 cited
  • 2006Bank-specific, industry-specific and macroeconomic determinants of bank profitability2,292 cited
  • 2008In Search of Distress Risk2,232 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 2004Assessing the Probability of Bankruptcy1,357 cited
  • 2008Systemic Banking Crises: A New Database1,112 cited
  • 2009The return of depression economics and the crisis of 2008999 cited
  • 2006Multi-period corporate default prediction with stochastic covariates973 cited
  • 1985Evidence on the (Non) Relationship between Concentration and Profitability in Banking793 cited
  • 2013DETERMINANTS OF FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN KENYA741 cited
  • 2010The Return of Depression Economics and the Crisis of 2008572 cited

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  • 2004Bank provisioning behaviour and procyclicality491 cited
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    • 2021The correlation between green finance and carbon emissions based on improved neural network69 cited
    • 2019Impact of Financial Risk Management Practices on Financial Performance: Evidence from Commercial Banks in Botswana49 cited
    • 2021Financial innovation characteristics and banking performance: The mediating effect of risk management35 cited
    • 2024Does Mediation Matter in Explaining the Relationship between ESG and Bank Financial Performance? A Scoping Review35 cited
    • 2020Impact of Inflation and Exchange Rate on the Financial Performance of Commercial Banks in South Africa28 cited