With growing evidence of positive relationships between social sustainability and financial
performance, there is a critical need for understanding how innovative organizations …

This study documents a positive relationship between the option-implied risk-neutral
skewness (RNS) of individual stock returns' distribution and future realized stock returns …

We examine the risk neutral probability density (RND) for the S&P 500 extracted from real-
time bid and ask quotes for index options, under extreme market stress during the fall of …

We investigate whether there are predictable patterns in the dynamics of higher-order risk-
neutral moments (RNMs) extracted from the market prices of Standard & Poor's (S&P) 500 …

This chapter presents an action‐based supply chain risk management framework that has
emerged from industry practice and academic research. For practitioners, this conceptual …

The SKEW index of the Chicago Board Options Exchange (CBOE), launched in February
2011, measures the tail risk not fully captured by the VIX index. In this paper we introduce …

This study tests whether belief differences affect the cross-sectional variation of risk-neutral
skewness using data on firm-level stock options traded on the Chicago Board Options …

We test one of the main predictions of the financial flexibility paradigm, that expectations
about future firm-specific investment shocks affect the firm's leverage. We extract the …

We seek to reconcile the debate about the price effect of risk-neutral skewness (RNS) on
stocks. We document positive predictability from short-term skewness, consistent with …

This paper studies the relationship between risk appetite and the shape of the implied
volatility function for SSE 50ETF options, and examines whether the effects of risk appetite …