User:Alirezab

The framework is a two-dimensional box in which associated with ratio values in which pair values of each risk ratios (Xi, Yi) are represented as Cartesian coordinates. For expositional purposes suppose our proxy for risk chosen is employed by Xi as numerator and Yi as denominator values of  ratio. For any number of firms,, proposed Share Risk (SRi) is defined as a function of Xi and Yi. Consider a square two-dimensional space that captures all changes in numerator Xi and denominator Yi, for any firm i and any period t where X and Y can be positive, negative or zero (It is applicable to any level of aggregation such as cross-country studies, cross sector and ratios). Assume a hypothetical study of risk covering n years for sector j.