This paper explores the effect of a firm's reputation of being a green bond issuer on its financing costs. Using a sample of 73 listed Swedish real estate companies issuing in total about 1500 bonds over the period from 2011 till 2021, differencein- difference analyses and instrumental variable...

This paper explores the effect of a firm's reputation of being a green bond issuer on its financing costs. Using a sample of 73 listed Swedish real estate companies issuing in total about 1500 bonds over the period from 2011 till 2021, differencein- difference analyses and instrumental variable...

The purpose of this study is to identify whether an innovative company’s likelihood of facing financial constraints is different when the company possesses a public procurement contract (PP). Theory suggests that the treatment effects of public procurement, particularly when mediated by the...

Financial theory creates a puzzle. Some authors argue that high-risk entrepreneurs choose debt contracts instead of equity contracts since risky but high returns are of relatively more value for a loan-financed firm. On the contrary, authors who focus explicitly on start-up finance predict that...

Der Basler Ausschuss für Bankenaufsicht hat in bisher zwei Konsultationspapieren (1999, 2001) seine Vorstellungen zur neuen Basler Eigenkapitalvereinbarung (Basel II) dargelegt. Voraussichtlich im Mai 2003 wird das dritte und letzte Konsultationspapier folgen. Die Veröffentlichung der...

Unternehmerinnen und Gründerinnen sind eine Minderheit unter den Geschäftskunden einer Bank. Wissenschaftliche Studien über traditionelle Kreditmärkte zeigen für Unternehmerinnen oft eine im Vergleich zu Unternehmern geringere Wahrscheinlichkeit für eine Kreditzusage oder höhere...

The paper investigates the motives of activity (entry and exit) of Private Equity (PE) investors in European companies. Investment of a PE firm is not viewed unambiguously. First, it is claimed that PE investment is made for the sake of seeking short-term gains by taking control and utilizing...

The paper investigates the motives of activity (entry and exit) of Private Equity (PE) investors in European companies. Investment of a PE firm is not viewed unambiguously. First, it is claimed that PE investment is made for the sake of seeking shortterm gains by taking control and utilizing the...