Showing 1 - 10 of 78
This paper examines the impact of corporate governance practices on the reported cost of contracted debt for Australian listed companies. Good governance decreases the variability in cash flows, reduces the probability of default (reduces default risk), increases the quality of value-relevant...
Persistent link: https://www.econbiz.de/10009441686
In this thesis, I explore the topic of chief executive officer (CEO) compensation in UK publicly traded firms. My objective is threefold. First of all, I investigate debt-holders‟ reaction to CEO compensation in terms of the cost of debt financing. Secondly, I examine the possible link between...
Persistent link: https://www.econbiz.de/10009465832
The costs and constraints to financing, and the factors that influence them, play critical roles in the determination of corporate capital structures. Chapter 1 estimates firm-specific marginal cost of debt functions for a large panel of companies between 1980 and 2007. The marginal cost curves...
Persistent link: https://www.econbiz.de/10009475439
In this paper, we investigate the effect of financial restatements on the debt market.Specifically, we focus on the secondary loan market, which has become one of the largest capitalmarkets in the US, and ask the following: (1) whether financial restatements increase restatingfirm’s cost of...
Persistent link: https://www.econbiz.de/10009459190
The present empirical paper studies the leverage, risk and choice of capital structure in India through a case of MRF Ltd. from tyres & tubes industry of the Indian corporate sector which covers a time period of ten years (effective nine years) extending from the year 1982-83 to 1991-92 where...
Persistent link: https://www.econbiz.de/10011345341
This thesis describes the construct of psychopathy and the study of psychopaths. It identifies that psychopaths have been studied extensively in their criminal manifestations but that there is a large and recognised gap in the literature and a stated need for the study of successful psychopaths...
Persistent link: https://www.econbiz.de/10009434885
Scholars have paid considerable attention to studying the relationship between corporate social
Persistent link: https://www.econbiz.de/10009434934
Boards of large UK companies are devoting more time to the governance of corporate social responsibility (CSR). This is in line with the Combined Code on Corporate Governance's requirement that boards set standards and values for companies and ensure they meet their social obligations. But is...
Persistent link: https://www.econbiz.de/10009435338
Abstract: While corporate social responsibility has gained considerable academic, corporate and media attention, is it actually becoming institutionalised as a legitimate part of business? This paper investigates the relationship between corporate social performance, reputation and conformity...
Persistent link: https://www.econbiz.de/10009437444
This paper investigates the relationship between social responsibility reporting and reputation at an industry rather than organisational level through a case study of the Australian banking industry. Since deregulation, the legitimacy of the social impact of the Australian banking industry has...
Persistent link: https://www.econbiz.de/10009437445