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Identifying the intersection between digital finance, green finance and social finance is important for promoting sustainable financial, social and environmental development. This paper suggests a link between digital finance, green finance and social finance. Using a simple conceptual model, I...
Persistent link: https://www.econbiz.de/10012588908
potential and, in particular when it comes to lack of risk capital, their innovation and R&D activity. Against this background …
Persistent link: https://www.econbiz.de/10011705468
We estimate firms' cash flow sensitivity of cash to empirically test how the financial system's structure and activity level influence their financial constraints. For this purpose we merge Almeida, Campello and Weisbach (2004), a pathbreaking new design for evaluating a firm's financial...
Persistent link: https://www.econbiz.de/10010271089
This paper uses firm-level data on 162 large Hungarian enterprises to analyse the relationship betweenownership structure and corporate performance in 1998 and 1999. Cross-sectional regressions are runfor each of these years using the return on assets (ROA) as the measure of performance. Both...
Persistent link: https://www.econbiz.de/10005868253
We estimate firms' cash flow sensitivity of cash to empirically test how the financial system's structure and activity level influence their financial constraints. For this purpose we merge Almeida, Campello and Weisbach (2004), a pathbreaking new design for evaluating a firm's financial...
Persistent link: https://www.econbiz.de/10003818695
those frequently observed in micro-credit schemes) are shown to be part of the optimal contract …
Persistent link: https://www.econbiz.de/10013116141
Banken bei der Bereitstellung enger Finanzierungsbeziehungen übernehmen. Mithilfe der Governance-Struktur-Theorie der … relationships compared to banks. Using the governance structure theory of transaction cost economics, we show that relationship … banking (private debt) und relationship investing (private equity) are hybrid governance forms between market and hierarchy …
Persistent link: https://www.econbiz.de/10010377873
We contribute to the empirical literature on the debt bias of corporate income taxation through a micro-econometric evaluation of the so-called ACE corporate tax reform in Belgium based on firm-level accounting data. We interpret the tax reform that came into effect in January 2006 as an...
Persistent link: https://www.econbiz.de/10010487633
There is limited research on the determinants of firms’ green investment strategies in developing regions despite their importance to meet global climate change targets. Understanding how changes in firm climate investment affect environmental performance is essential for policy makers and...
Persistent link: https://www.econbiz.de/10014082462
The case for investing in fusion energy has never been greater, given increasing global energy demand, high annual carbon dioxide output, and technological limitations for wind and solar power. Nevertheless, financing for fusion companies through traditional means has proven challenging. While...
Persistent link: https://www.econbiz.de/10014258706