Reynolds Holding

AUGUST 5, 2024

This has led to the formation of a “latent network” of firms, connected by a few large investors. When investors own significant portions of multiple firms in a given industry, incentives may shift towards portfolio value rather than individual firm value.

Systematic Risk 45

Systematic Risk Marketability Firm Value Market Capitalization 45

Reynolds Holding

MAY 4, 2023

Corporate Environmental and Social Impacts Affect the Broader Economy When a company’s problems create volatility in the price of its assets, investors term the problems as “idiosyncratic risks.” Another level of risk affects the volatility of an entire portfolio. Available at [link]. January 25, 2022).

Systematic Risk 117

Systematic Risk Finance Equity Marketability 117

Reynolds Holding

JULY 26, 2023

As in other industries, a bank’s shareholders and board of directors provide incentives for management to maximize firm value. While bank shareholders may prefer risky actions that are likely correlated with increases in shareholder value, they must also gauge the likelihood of regulatory intervention. Coles et al.

Banking 52

Banking Equity Net Present Value Systematic Risk 52