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decisions, we examine whether banks take into consideration the gender of CFOs when pricing bank loans. We find that in our … sample, firms under the control of female CFOs on average enjoy about 11% lower bank loan price than firms under the control …
Persistent link: https://www.econbiz.de/10009358946
The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the …
Persistent link: https://www.econbiz.de/10011711934
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor market insurance...
Persistent link: https://www.econbiz.de/10011106047
This paper provides an explanation of technical inefficiencies of financial exchanges in Europe as well as an empirical analysis of their existence and extent. A single-stage stochastic cost frontier approach is employed, which generates exchange inefficiency scores based on a unique unbalanced...
Persistent link: https://www.econbiz.de/10005648980
This paper investigates the effect of CFO gender on corporate tax aggressiveness. Focusing on firms that experience a …, difference-in-difference tests, and tests with a female-to-male CFO transition sample. Overall, our study establishes CFO gender …
Persistent link: https://www.econbiz.de/10010818974
This paper investigates the effect of CFO gender on corporate financial reporting decision-making. Focusing on firms …, we find that the relation between CFO gender and conservatism varies with the levels of various firm risks such as …
Persistent link: https://www.econbiz.de/10010819003
ability of banks to intermediate funds. An improvement in bank efficiency spurs five times more regional growth than does an …
Persistent link: https://www.econbiz.de/10004979445
This paper analyses bank exit (ie reorganisation and liquidation) legislation in selected financial centres: New York …, London, Frankfurt, Helsinki and Tokyo. The focus is on bank exit legislation applicable to commercial banks. The legislation … is analysed from the perspective of bank stakeholders, ie bank creditors, depositors and bank shareholders. The analysis …
Persistent link: https://www.econbiz.de/10005190764
This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank … exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit … regimes are studied from the perspective of bank creditors and bank shareholders. In order to apply econometric methods, the …
Persistent link: https://www.econbiz.de/10005423720
Persistent link: https://www.econbiz.de/10011790739