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countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … ownership. This surprisingfinding suggests that a personal trait (risk aversion) and its related cultural characteristic …
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We compare non-issue specific (broad) investor protections against expropriation by firm's insiders with regulations that specifically protect investors of new equity issues (issue-specific). Since in-nation regulations rarely change and are homogenous for all firms, it is difficult to compare...
Persistent link: https://www.econbiz.de/10013086028
Increasingly adverse climatic conditions have created greater systematic risk for companies throughout the global … economy. Few studies have directly examined the consequences of climate-related risk on financing choices by publicly …-listed firms across the globe. We attempt to do so using the Global Climate Risk Index compiled and published by Germanwatch (Kreft …
Persistent link: https://www.econbiz.de/10013238630
both personal and country characteristics determine the risk of exposure to bribery. Examples are gender, wealth, education … and 1980s, and the strength of the institutions in the country (measured by the risk of expropriation). The second part of …
Persistent link: https://www.econbiz.de/10013249263
both personal and country characteristics determine the risk of exposure to bribery. Examples are gender, wealth, education … and 1980s, and the strength of the institutions in the country (measured by the risk of expropriation). The second part of …
Persistent link: https://www.econbiz.de/10012468233
heterogeneity. These estimates confirm that the environmental risk for households is particularly perceived in more densely … metropolises on household environmental risk. …
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