The Justus Liebig University Giessen in conjunction with the GGS invites academics and PhD students to submit papers for consideration of presentation at the 6th Conference on Behavioral Research in Finance, Governance and Accounting. - Applied Microeconomics - Behavioral Economics - Behavioral...

The anticipation of a future bailout of distressed firms worsens ex ante adverse selection, causing a market freeze at present and inviting government intervention ("bailout trap"). When firms of heterogenous qualities raise financing, high-quality firms are willing to bear adverse selection...

We estimate empirically the impact of the insolvency and bankruptcy code (IBC) on corporate leverage in India. The analysis builds on the Prowess database. For the estimations we use the difference in differences approach, where listed firms are used as the control group. We find that the IBC...

We examine the effect of regional favoritism on firms’ access to credit. Using firm-level data on a large sample of 29,000 firms covering 48 countries, we investigate the hypothesis that access to credit of firms is higher in the birth regions of national political leaders. We find evidence...

We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing house purchase probabilities, debt and interest expenses. Second, we...

APEF 2022 is the gathering place for economists and financial experts from academia, government, and the private sector to present their research results, exchange ideas, and network. Due to the persistence of COVID-19, the conference will be conducted in a ‘Hybrid Format’.

With organisations increasingly operating in ambiguous, volatile and complex environments, understanding effective governance within the institutional context – via board monitoring, managerial incentives, risk management and other systems – is crucial and challenging. We invite the...

This will feature research from a wide range of disciplines and approaches on the topic of consumer finance. Topics include, but are not limited to: competition and market power in the financial sector; technological innovation in financial markets and consumer impacts, including the use of big...

The Digital Development Dialogue (3D) seminar is a monthly 45-minute online forum for policy and research exchange. Two speakers – one researcher and one practitioner – touch upon key topics in development policy with the goal of stimulating a meaningful dialogue across the theory & practice...