Showing 1 - 10 of 9,624
price crash risk, a consequence of managerial bad news hoarding. Using a sample of U.S. public firms with Big 4 auditors, we … find robust evidence that local audit office size is significantly and negatively related to future stock price crash risk …
Persistent link: https://www.econbiz.de/10012836440
Political risk, one of the most significant uncertainty shocks, affects firms' future attitudes toward risks and plays … a crucial role in their decision making. A stock price crash risk is a classical topic in financial markets; therefore …, this paper probes the relationship between firm-level political risk and stock price crash risk based on a sample of …
Persistent link: https://www.econbiz.de/10014636314
Despite greater constraints for obtaining bank loans, public shares' offerings ceased in the SEE region since the onset of the financial crisis in 2008. With scarce IPOs and SEOs as well as debt offerings, Croatian capital market stands as prime example of mandatory shares' listing rule...
Persistent link: https://www.econbiz.de/10011298789
Persistent link: https://www.econbiz.de/10011758185
Persistent link: https://www.econbiz.de/10012264953
Persistent link: https://www.econbiz.de/10012055108
financial policies adopted by the Authorities. We use an original information risk model to contribute to the analysis of the … 2007-2009 crisis was very different in the information risk quality. That gap affected the market risk aversion and its … equilibrium, reducing the efficacy of the Authorities' intervention tools mainly based on payoff risk control and efficient market …
Persistent link: https://www.econbiz.de/10013115057
and sovereign risks. In this paper we analyze the magnitude and changes in risk exposures that are reflected in bank stock … investigate bank risk in different economic environments including the introduction of the Euro and the recent financial and … sovereign debt crisis. Second we examine whether banks have experienced a change in their risk exposures during the last two …
Persistent link: https://www.econbiz.de/10013090319
Persistent link: https://www.econbiz.de/10015191181
Persistent link: https://www.econbiz.de/10009670718