The Value Relevance of Financial Risk

  • Stefania Veltri


In this chapter we investigate the value relevance of financial risk-related information disclosure, that is, the usefulness of financial risk information for investors. In the chapter, we present the main empirical studies addressed to test the usefulness of financial risk information for investors’ investment decisions. On the basis of the literature, we posit our second research hypothesis, which we test on the sample identified in Chap.  3, after having modelled this research hypothesis with an Ohlson model-based value relevance regression equation.


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Copyright information

© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Stefania Veltri
    • 1
  1. 1.Department of Business Administration and LawUniversity of CalabriaRendeItaly

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