New issue of the Risk Governance and Control: Financial Markets & Institutions journal

The editorial team of Virtus Interpress is pleased to publish a new issue of the journal Risk Governance and Control: Financial Markets & Institutions. This issue offers a comprehensive and timely contribution to key debates in the domains of corporate governance, sustainability disclosure, and institutional adaptation to risk.

The selected articles adopt diverse perspectives — from behavioral to geopolitical, and from emerging to developed economies — converging on a shared urgency to rethink governance mechanisms in the face of growing complexity and volatility. In particular, the papers published in this issue analyse such crucial topic as corporate governance, Islamic banks, commercial banks, financial performance, banking performance, investments, solvency, fintech, financial risks, female leadership, female CEO, gender diversity, money demand, monetary policy, audit, insurance, dividends, stock market, stock price crash risk, ESG, sustainable development, fraud, financial inclusion, financial literacy, microfinance institutions, income inequality, big data analytics, e-commerce, artificial intelligence, financial forecasting, etc.

The full issue of the journal is available at the following link .

I Made Suidarma, Masno Marjohan, I Made Bhisma Dharma Shankar, Komang Sri Widiantari, I Nyoman Sunarta, and I Made Sudiksa examine changes in stock yields in the IDX High Dividend 20 Index before and after the dividend announcement to analyze the impact of dividend announcements on market reactions and stock yields.

Gentiana Mehmetaj and Vjosa Hajdari investigate the impact of the COVID-19 pandemic on the financial performance of commercial banks in Kosovo, focusing on how investment, liquidity, solvency, debt-to-asset ratio, debt-to-equity ratio, and equity-to-asset ratio influenced the return on assets of banks during the crisis period.

Thu Thuy Pham, Thi My Duyen Bui, Thi Mai Nguyen, Thi Kim Oanh Nguyen, and Pham Minh Uyen Nguyen study the impact of executive gender and board gender diversity on stock price crash risk, using a regression method based on a sample of 148 Vietnamese non-financial firms over the period of 2013 to 2022.

David Umoru, Malachy Ashywel Ugbaka, Anake Fidelis Atseye, Mary Uyilowhoma Ojong-Ejoh, Hilary Ekpang Bisong, Scholastica Ashibebonye Abuh-Amasi, Chukwuedo Susan Oburota, Felix Awara Eke, Chikulirim Eke Ihuoma, Joseph Nsabe Ndome, Beauty Igbinovia, Georgina Asemota, Rose Utsubasha Abuokwen, Itam Eyo Eyo, Samuel Manyo Takon, and Affyrock Victor Eyibio estimate the nonlinear effects of non-traditional variables with a special focus on renewable energy consumption, and crude oil market shocks on demand for narrow and broad balances in emerging countries using the methodology of the nonlinear error correction model.

Vu Thi Kim Oanh, Tran Phuong Thao, Nong Thi Anh, Nguyen Huyen Chi, Dinh Thi Yen Nhi, and Mai Thi Huyen Trang explore the impacts of ESG on financial performance in the banking sector by shedding light on the relationship between ESG awareness, ESG practices, and banks’ financial performance.

Nurul Ezza Othman and Intan Waheedah Othman investigate the effect of the fraud diamond risk elements and Islamic corporate governance on fraud incidents in Malaysian Islamic banks.

Jonathan P. Binaluyo, Noel B. Agustin, and Angelo R. Santos evaluate the services of privately owned microfinance institutions in Nueva Ecija, Philippines, to develop unified guidelines aimed at enhancing financial inclusion and poverty alleviation.

Juliana Imeraj, Natasha Hoda, Kevin Bica, Vlora Prenaj, and Luljeta Gjoni assess the relationship between fintech adoption and income inequality across 150 countries for the years 2014, 2017, and 2021 using secondary data from the Global Findex database.

Loso Judijanto, Iman Murtono Soenhadji, Yuke Rahmawati, Nofrivul, Aini Masruroh, Ovita Charolina, and Melly Susanti evaluate the efficiency of conventional and Islamic banking stocks in Indonesia using the capital asset pricing model.

Phuong Thi Nguyen, Lan Hoang Nguyen, and Dung Quang Le discuss external auditors’ points of view related to their motivations behind adopting big data analysis in a developing country, Vietnam.

Silvia Bressan and Sabrina Du focus on the USA to study how the stock market value of insurers is associated with the country’s focus on the USA to study how the stock market value of insurers is associated with the country’s GHG emissions.

Mark Doblas, Fatema Rajab, Wafa Salman, Amani Alabbas, and Randolf Salindo assess the influence of digital payments, specifically digital commerce and mobile point-of-sale payments, on the financial performance and risk management of retail banks in Bahrain.

Mfon Akpan explores the relationship between AI models’ benchmark scores and their predictive accuracy, addressing a gap in the literature regarding comprehensive evaluations of AI performance across financial metrics.

We are pleased to share this issue as a reflection of the journal’s commitment to scholarly advancement and policy relevance.