No. 34-1, March 2022

Index

• A Message from the Editor
• Enterprise Risk Management: Theory and Practice
• Executive Summaries
• FinTech, BigTech, and the Future of Banks
• Globalization, Corporate Finance, and the Cost of Capital
• How Companies Can Use Hedging to Create Shareholder Value
• Issue Information ‐ TOC
• Merton Miller's Contribution to Modern Finance
• Real Options and Hidden Leverage∗
• Rethinking Risk Management
• Risk Management Failures: What Are They and When Do They Happen?
• Risk‐Taking and Risk Management by Banks
• The Limits of Financial Globalization