Modern Finance and Risk Management is dedicated to our colleague,
academic mentor, and adviser Professor Hermann Locarek-Junge. During his
academic career, Hermann Locarek-Junge published several important
contributions to the field of risk management and portfolio management
and served as the chairman and board member of the German Finance
Association (DGF) and the Data Science Society (Gesellschaft für
Klassifikation).A short foreword by the mentors of Hermann Locarek-Junge
and an introduction by the editors mark the beginning of the
Festschrift. The first section on Modern Finance includes chapters on
asset management, entrepreneurship, and behavioural finance. The second
section on Modern Risk Management contains seven contributions covering
considerations of risk measurement, risk management, and regulation.
Finally, the third section includes topics on commodities and energy
finance.This Festschrift comprises 20 original contributions of notable
scholars in finance who have worked with Hermann Locarek-Junge over the
last four decades. Due to numerous connections to practice and
applications, Modern Finance and Risk Management is relevant and
attractive not only to academics and researchers but also to
practitioners in industry and banking.