Showing 1 - 10 of 1,499
Persistent link: https://www.econbiz.de/10011418158
Persistent link: https://www.econbiz.de/10009746528
Persistent link: https://www.econbiz.de/10012822121
This paper studies the impact of sovereign debt rating changes on liquidity for stocks from 40 countries for the period … 1990-2009. We find that sovereign rating changes significantly affect stock liquidity. The impact is stronger for … impact on stock liquidity. We also find that some stock characteristics and country legal and macroeconomic environment are …
Persistent link: https://www.econbiz.de/10012973725
legal solvency tests that experts, lawyers, and judges must apply in solvency litigation. A simple model of a debtor firm … shows why a positive equity value does not imply solvency under either of two widely-used legal solvency tests. This links a … well-known financial economic insight to legal solvency tests. This is of practical importance as market evidence becomes …
Persistent link: https://www.econbiz.de/10012854945
not to pay dividends is influenced by low agency costs, high debt, over-liquidity, and excessive investment opportunities …
Persistent link: https://www.econbiz.de/10013179710
Persistent link: https://www.econbiz.de/10012016871
Persistent link: https://www.econbiz.de/10012521486
operating around the world in a wide variety of industries and sectors. The period of analysis spread over a decade (2007Q1 …
Persistent link: https://www.econbiz.de/10012534668
The following paper aims at identifying whether several factors such as credit rating, liquidity, financial leverage … study adopted multiple regression analysis to measure the impact of the variables on profitability. The results have shown …
Persistent link: https://www.econbiz.de/10011956233