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"We argue that a firm's aggregate risk is a key determinant of whether it manages its future liquidity needs through cash reserves or bank lines of credit. Banks create liquidity for firms by pooling their idiosyncratic risks. As a result, firms with high aggregate risk find it costly to get...
Persistent link: https://www.econbiz.de/10003983591
Einführung: Gegenstandsbereich der Wirtschaftsinformatik -- Tätigkeitsfelder und Berufsbilder der Wirtschaftsinformatik … -- Geschichte der Wirtschaftsinformatik -- Wissenschaftscharacter der Wirtschaftsinformatik -- Fachsprache der Wirtschaftsinformatik … -- Wissenschaftsziele der Wirtschaftsinformatik -- Theorie und Technologie der Wirtschaftsinformatik -- Forschungsmethoden der …
Persistent link: https://www.econbiz.de/10013518295
stay on debt and collateral collection that applies to virtually all other claims. We propose a simple corporate finance …
Persistent link: https://www.econbiz.de/10009408758
valuation methods within the finance literature -- valuation methods and their application in the context of managerial … finance within renewable energy investments -- tools to define the relevant equity value drivers, to consider risk treatments …In this book, Christian Hürlimann examines valuation methods and their application in the context of managerial finance …
Persistent link: https://www.econbiz.de/10012398806
Persistent link: https://www.econbiz.de/10011800004
and Economic Growth and Stability -- Chapter 21. International Business Finance -- Chapter 22. Management … wide range of topics in corporate finance, from time series modeling and regression analysis to multi-factor risk models … and various other foundational concepts of corporate finance. New to the third edition are examinations of APT portfolio …
Persistent link: https://www.econbiz.de/10013334694
disadvantage for partnerships was offset by their ability to finance larger and longer-horizon entrepreneurial ventures …
Persistent link: https://www.econbiz.de/10008823013
Persistent link: https://www.econbiz.de/10003960568
default; ii) they can choose to raise finance through bank loans or corporate bonds; and iii) banks are more efficient than … finance between the US and the euro area. We suggest an explanation of those differences based on information availability …
Persistent link: https://www.econbiz.de/10009009196
"This paper is the first to study the effect of financial restatement on bank loan contracting. Compared with loans initiated before restatement, loans initiated after restatement have significantly higher spreads, shorter maturities, higher likelihood of being secured, and more covenant...
Persistent link: https://www.econbiz.de/10003625948