Editorial: Environmental risk and firms dividend policy

The editorial team is pleased to present the third issue of volume 15 of the journal Risk Governance and Control: Financial Markets & Institutions for the year 2025. In this issue journal has introduced 13 new papers on various interesting and timely topics, including efficacy and risks of the commercial banking system, environmental risk and its effects on the financial performance, risk of inflation and gross domestic product (GDP), and volatility of currency exchange rate risk in the emerging market.