Showing 1 - 10 of 133
mechanism and the liquidity channel. …
Persistent link: https://www.econbiz.de/10011820153
, impeding them from using the optimal level of inputs and technology. We estimate and validate our measure using unique data …
Persistent link: https://www.econbiz.de/10012241106
We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a large panel of small and medium-sized enterprises from 12 European countries for the period 2014-2016. The data come from the Survey on the access to finance of enterprises...
Persistent link: https://www.econbiz.de/10011792068
In this study we investigate the determinants of financing obstacles using survey data on a sample of around 5000 firms from the euro area countries. This completely new survey – started at the end of 2009 - gives us the opportunity to test whether firm characteristics such as size, age,...
Persistent link: https://www.econbiz.de/10009640626
In this study we investigate the determinants of financing obstacles using survey data on a sample of around 5000 firms from the euro area countries. This completely new survey - started at the end of 2009 - gives us the opportunity to test whether firm characteristics such as size, age,...
Persistent link: https://www.econbiz.de/10008901467
We match firm-corporate governance characteristics with firm-level carbon dioxide (CO2) emissions over the period 2009-2019 to study the relationship between gender diversity in the workplace and firm carbon emissions. We find that a 1 percentage point increase in the percentage of female...
Persistent link: https://www.econbiz.de/10012880714
This paper investigates the behaviour of credit rating agencies (CRAs) using a natural experiment in monetary policy. Specifically, we exploit the corporate QE of the Eurosystem and its rating-based specific design which generates exogenous variation in the probability for a bond of becoming...
Persistent link: https://www.econbiz.de/10011997583
Do female directors on banks' boards influence lending decisions toward less polluting firms? By using granular credit register data matched with information on firm-level greenhouse gas (GHG) emission intensities, we isolate credit supply shifts and find that banks with more gender-diverse...
Persistent link: https://www.econbiz.de/10013391051
The control of carbon emissions by policymakers poses the corporate challenge of developing an optimal carbon …
Persistent link: https://www.econbiz.de/10014484214
We study the impact of a liquidity shock affecting investment funds on the financing conditions of firms. The abrupt … liquidity needs of investment funds, triggered by the outbreak of the Covid-19 pandemic, prompted a retrenchment from bond …
Persistent link: https://www.econbiz.de/10014490474