However, small and micro startups are faced with serious financial exclusion and financing difficulties. This is mainly due to the information asymmetry between startups and financial institutions, which may lead to adverse selection and moral hazard problems for financial institutions. In recent ...
risks Article On Exactitude in Financial Regulation: Value-at-Risk, Expected Shortfall, and Expectiles James Ming Chen 1,2 ID 1 College of Law, Michigan State University, 648 North Shaw Lane, East Lansing, MI 48824-1300, USA; chenjame@law.msu.edu 2 Visiting Scholar, School of Economics ...