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Peddireddy et al., 2024 - Google Patents

Measuring Systemic Risk: A Financial Statement-Based Approach for Insurance Firms and Banks

Peddireddy et al., 2024

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Document ID
8105604201915898504
Author
Peddireddy V
Rajgopal S
Publication year
Publication venue
Columbia Business School Research Paper

External Links

Snippet

We introduce CRISK, a financial statement-based measure, to assess the systemic risk contribution of a financial firm. CRISK measures the capital shortfall of a financial firm conditional on severe distress in the entire system. Our measure complements the market …
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