Showing 1 - 10 of 58,288
Persistent link: https://www.econbiz.de/10010515382
This study examines the association between chief executive officer (CEO) overconfidence and future stock price crash risk. Overconfident managers overestimate the returns to their investment projects and misperceive negative net present value (NPV) projects as value creating. They also tend to...
Persistent link: https://www.econbiz.de/10012856930
According to FLIEM model predictions, before the crisis, during the crisis and just after the crisis phases should be connected with higher levels of cash investments. Investments in financial liquidity of the businesses are done as hedging method against higher risk sensitivity. That is done by...
Persistent link: https://www.econbiz.de/10013057073
The focus of this paper is whether the Securities and Exchange Commission’s Regulation SHO strengthens or weakens the effect of short-selling threats on banks’ risk-taking. The evidence shows that pilot banks with looser constraints on short-selling increased their risk-taking during the...
Persistent link: https://www.econbiz.de/10014362461
Persistent link: https://www.econbiz.de/10013256707
profitability in Singapore and Hong Kong before, during and after the global financial crisis. This paper uses the two-step system … Generalized Method of Moments to examine the impact of macroeconomic and firm-specific factors on corporate profitability. The … model includes firm-specific factors (firm size, leverage, liquidity, sales growth and previous year's profitability) and …
Persistent link: https://www.econbiz.de/10013184192
The effects of global financial crisis have been severe on banks. Many banks went bankrupt and many are in distress due to their sensitivities, stored in their balance sheets, to financial risks enlarged by the crisis. Some of banks, on the other hand, have felt the effects slightly. Recalling...
Persistent link: https://www.econbiz.de/10013082809
This paper empirically analyzes the profitability of the four Islamic banks operating in the UAE during the financial … period between 2004 and 2009 using three profitability indicators, return on total income, return on assets and return on … financial crisis began in the 3rd quarter of 2007, its impact on the profitability of Islamic banks was most profound in 2008 …
Persistent link: https://www.econbiz.de/10012841661
profitability toward maximizing shareholders' wealth. Little attention seems to have been paid so far to an inter-country comparison … of corporate profitability between firms in an advanced market and in an emerging market. Data from firms listed on the … determining the market-value and the book-value based profitability indices. As described, a majority of total explanatory …
Persistent link: https://www.econbiz.de/10012895616
implications for finance in Asia, Douglas Arner and Lotte Schou-Zibell draw lessons for Asian financial systems with regard to the …
Persistent link: https://www.econbiz.de/10011283429