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Persistent link: https://www.econbiz.de/10013383160
Use of variability of profits and other accounting-based ratios in order to estimate a firm's risk of insolvency is a … level of risk accurately because managers consider other strategic choices and goals when making risky decisions. Instead …, we propose an econometric model that incorporates current and past strategic choices to estimate risk from the profit …
Persistent link: https://www.econbiz.de/10012970797
Use of variability of profits and other accounting-based ratios in order to estimate a firm's risk of insolvency is a … level of risk accurately because managers consider other strategic choices and goals when making risky decisions. Instead …, we propose an econometric model that incorporates current and past strategic choices to estimate risk from the profit …
Persistent link: https://www.econbiz.de/10013016777
Persistent link: https://www.econbiz.de/10012665255
This paper proposes an early-warning bank risk measure based on the syndicate concentration of recent syndicated loans …
Persistent link: https://www.econbiz.de/10014231054
Persistent link: https://www.econbiz.de/10014532251
Using firm-level data for 1,084 parent firms in 24 countries and for 9,497 subsidiaries in 54 countries, we show that tax-motivated profit shifting is larger among subsidiaries in countries that have stable corporate tax rates over time. Our findings further suggest that firms move away from...
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