Showing 1 - 10 of 553
This paper reviews the impact of environmental variables on firms’ capital structure throughout the recent financial crises (dot.com bubble, subprime crisis, and European sovereign debt crisis). For the first time, the sovereign general gross debt and current account balance appear in the...
Persistent link: https://www.econbiz.de/10011260294
This paper argues that financing policies of the firms are central in propagating financial crisis. Studies on the linkage between macro-fragility and micro-vulnerability around financial debacle are common, especially after East-Asian and Mexican crisis in the 1990s. By focusing on the case of...
Persistent link: https://www.econbiz.de/10005790314
This paper studies how the presence of sponsor and external management affect leverage and debt maturity decisions in three major Asian-Pacific REIT markets: Australia, Japan and Singapore. Our empirical results indicate that sponsored REITs opt for higher levels of leverage and loans with...
Persistent link: https://www.econbiz.de/10011111075
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
This paper discusses the causes and the consequences of the financial crisis 2007-2008 with a focus on systemic risk management and the reform of the global financial architecture.
Persistent link: https://www.econbiz.de/10009650029
Globalization as a corporate-led process has come under much justifiable criticism. This paper attempts to give the … globalization from the capabilities perspective. A freedom-centered perspective such as the capabilities approach emphasizes … fractured process of globalization is more likely to end up in a fragmenting regionalism or even national protectionism and …
Persistent link: https://www.econbiz.de/10005790045
about the merits of financial globalization and its implications for growth especially in developing countries. This paper …
Persistent link: https://www.econbiz.de/10008924837
The negative aspects of influence of globalization’s externalities on national financial system and the role of … globalization in the development of crisis are analyzed. The author considers modern methods of regulation of short term capital …
Persistent link: https://www.econbiz.de/10008927061
The paper tries to underline the most important aspects of the financial crisis in Romania. Taking into account the information speed, the full integration of the capital markets and the commercial integration, the economic crisis of 2008 is certainly a global one and it has repercussions not...
Persistent link: https://www.econbiz.de/10008753088
The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564