Similar Search Results

Capital Structure, Credit Risk, and Macroeconomic Conditions

Hackbarth, Dirk; Miao, Jianjun; Morellec, Erwan - Institut für Schweizerisches Bankwesen <Zürich> - 2004

This paper develops a quantitative framework for analyzing the impact of macroeconomic conditions on credit risk and …

Persistent link: https://www.econbiz.de/10005858794

Climate risk perceptions of businesses: The role of experience and objective risk factors

Rieger-Fels, Markus - 2025

their risk perception solely on prior experience, or a lack thereof, but take objective risk factors into account. I use … data from a large-scale survey of German businesses to investigate how they assess the acute physical climate risk …. Objective risk criteria such as firm size, industry, and location characteristics inform expectations independent of experience …

Persistent link: https://www.econbiz.de/10015202297

A bankruptcy probability model for assessing credit risk on corporate loans with automated variable selection

Hjelseth, Ida Nervik; Raknerud, Arvid; Vatne, Bjørn Helge - 2022

selection gives the best predictions of the risk of bankruptcy in firms holding high shares of the bank debt. …

Persistent link: https://www.econbiz.de/10014551720

Klimaanpassung als wirtschaftspolitisches Handlungsfeld

Trela, Karl - 2014

Die wirtschaftspolitischen Implikationen der Klimaanpassung sind entscheidend für die Ausgestaltung einer eigenständigen Klimaanpassungspolitik und geben gleichzeitig wichtige Anreize zu politischem Handeln. Dieses Papier diskutiert daher eine mögliche wirtschaftspolitische Ausrichtung der...

Persistent link: https://www.econbiz.de/10010377179

Politische Klimaanpassungsentscheidungen in Deutschland - Defizite und Ansatzpunkte für Entscheidungsunterstützungssysteme

Trela, Karl - 2014

Klimaanpassungspolitik wird in Deutschland auf verschiedenen politischen Ebenen betrieben. Dieses Papier untersucht auf Grundlage der ökonomischen Theorie der Anpassungspolitik Defizite dieser Politikansätze. Diese liegen in erster Linie in den folgenden Bereichen: unklare Abgrenzung von...

Persistent link: https://www.econbiz.de/10010435182

Environmental Policy and Investment Location: The Risk of Carbon Leakage in the EU ETS

D'Arcangelo, Filippo Maria; Galeotti, Marzio - 2022

-country investments. To avoid carbon leakage, the scheme allocates a number of free allowances to firms at risk of relocating investments …

Persistent link: https://www.econbiz.de/10013470518

Employment in family firms: Less but safe? Analyzing labor demand of German family firms with a treatment model for panel data

Kölling, Arnd - 2017

This paper analyzes the differences in labor demand and labor turnover between family and nonfamily firms. The majority of firms in modern economies and, therefore, also in Germany are family controlled. These firms seem to have better employment performance than non-family controlled companies....

Persistent link: https://www.econbiz.de/10011705802

Collateral Damaged? Priority Structure, Credit Supply, and Firm Performance

Cerqueiro, Geraldo; Ongena, Steven; Roszbach, Kasper - 2019

A unique legal reform in 2004 in Sweden redistributed collateral rights from banks holding floating liens to unsecured creditors without changing the value of assets on firms' balance sheets. Using a country-wide panel of all incorporated firms, we document that a zero-sum redistribution of...

Persistent link: https://www.econbiz.de/10012143946

The Characteristics and Performance of Family Firms: Exploiting information on ownership, governance and kinship using total population data

Andersson, Fredrik W.; Johansson, Dan; Karlsson, Johan; … - 2017

Family firms are often considered characteristically different from non-family firms, and the economic implications of these differences have generated significant academic debate. However, our understanding of family firms suffers from an inability to identify them in total population data, as...

Persistent link: https://www.econbiz.de/10012654419

Mitigating Information Frictions in Trade: Evidence from Export Credit Guarantees

Agarwal, Natasha; Lodefalk, Magnus; Tang, Aili; Tano, Sofia - 2019

frictions in trade. In terms of the detailed mechanisms, the results suggest that guarantees primarily address the default risk …

Persistent link: https://www.econbiz.de/10012654440