Investment in fixed assets accounts for over 40% of China GDP. While financial press closely tracks and discusses China fixed asset investment, scientific literature has been mostly silent in studying it. With quite a limited amount of research pondering the profile [1], driving forces [2, 3] or...

We explore whether financial access explains persistent gender and racial imbalance in entrepreneurship. The 1979 NLSY overlaps with bank deregulation events between 1971 and 2001, permitting a difference in differences analysis of the propensity for young people to attempt entrepreneurship. We...

This Open Access book outlines ideas for a novel, scalable and, above all, sustainable financial system.We all know that today’s global markets are unsustainable and global governance is not effective enough. Given this situation, could one boost smart human coordination, sustainability and...

This paper has focused on the role of corporate finance law in corporations. Corporations, in Pakistan has been governed by the Companies Act, 2017, aims to maximize the profit by minimizing the risk, possesses a separate legal personality having rights and duties towards the outside world. As...

We analyze M&A announcements and focus on the potential impact of these deals on bond prices in the US corporate bond market. In particular, we investigate the effect of changes in credit, liquidity and rollover risk. This is important, as especially target firms are often small with rather...

Using data from a peer-to-business crowdlending platform that exploits an auction-driven system to fund corporate loans, we show that non-professional investors are subject to a geographical-proximity bias. They are more likely to win the auctions of borrowers located close to their place of...

Once the Bank of Russia lifted regulatory easing related to the pandemic, the quality of corporate loan portfolios of Russian banks did not deteriorate: the average level of past due debt remains stable and at a low level; the growth rate of corporate lending corresponds to the 2020 values; the...

We exploit a mortgage reform that differentially unlocked home equity across the Danish population and study how this impacted selection into entrepreneurship. We find that increased entry was concentrated among entrepreneurs whose firms were founded in industries where they had no prior work...

This work aims to investigate different teaching ethics methodologies for university graduate students in order to recognize and prevent fraud in all sectors of industry because they will get involved in the industry following their study at the University. There are various arguments against...

Using bank administrative data on entrepreneurs’ personal and business activities, we show that an entrepreneur’s personal behaviors, which are revealed from personal consumption, finance, and credit activities, can well predict the future credit outcome of her business. Utilizing advanced...