Showing 1 - 10 of 50
The big Chinese state-owned banks came as winners out of the global financial crisis. According to the Banker ranking, Chinese banks led the global banking profitability ranking through the years from 2008 to 2010 and contributed one fifth of global banking profits in 2010. The Chinese banking...
Persistent link: https://www.econbiz.de/10010307920
The big Chinese state-owned banks came as winners out of the global financial crisis. According to the Banker ranking, Chinese banks led the global banking profitability ranking through the years from 2008 to 2010 and contributed one fifth of global banking profits in 2010. The Chinese banking...
Persistent link: https://www.econbiz.de/10009486671
capital. Profits absorb only 1/2 of the cost increase, pointing to the role of liquidity constraints. These results highlight …
Persistent link: https://www.econbiz.de/10012839312
Persistent link: https://www.econbiz.de/10003369319
This paper proposes a new effect of firing costs on firms' behavior that builds from firms' demand for liquidity. When … a time gap exists between production and its associated revenues, firing can become a liquidity adjustment tool that … allows firms to increase their short-term liquidity. I refer to this feature as labor's liquidity service. The presence of …
Persistent link: https://www.econbiz.de/10012776689
The importance of skilled labor and the inalienability of human capital expose firms to the risk of losing talent in …
Persistent link: https://www.econbiz.de/10012855063
We provide new estimates of the wage costs of firms' debt. Our empirical approach exploits within-firm geographical variation in workers' expected unemployment costs due to variation in local labor market size and uses a large representative sample of public firms. We find that, following an...
Persistent link: https://www.econbiz.de/10011710130
Persistent link: https://www.econbiz.de/10012207168
Persistent link: https://www.econbiz.de/10001592639
Persistent link: https://www.econbiz.de/10000921554