Similar Search Results

Is rated debt arm's length? Evidence from mergers and acquisitions

Gropp, Reint E.; Hirsch, Christian; Krahnen, Jan Pieter - 2011

a significant role for rating agencies, we find monitoring effects to be strongest when acquirer bonds are rated at the …

Persistent link: https://www.econbiz.de/10010308570

Is rated debt arm's length? : evidence from mergers and acquisitions

Gropp, Reint; Hirsch, Christian; Krahnen, Jan Pieter - 2011

a significant role for rating agencies, we find monitoring effects to be strongest when acquirer bonds are rated at the …

Persistent link: https://www.econbiz.de/10008934787

Relationship Banking and Conflicts of Interest : Evidence from German Initial Public Offerings

Klein, Peter G. - 2017

This paper investigates conflicts of interest associated with relationship banking. Using a sample of 270 German initial public offerings (IPOs), we ask if universal-bank-underwritten IPOs perform differently from IPOs underwritten by specialized investment banks. We find that universal-bank...

Persistent link: https://www.econbiz.de/10012958828

Credit Ratings and Firm Innovation : Evidence from Sovereign Downgrades

Wang (Erik), Rui - 2020

firms that have a rating at the sovereign bound ex ante. The effect is concentrated in firms with high external finance …

Persistent link: https://www.econbiz.de/10012853677

Credit Rating, Banks' Capital Structure and Speed of Adjustment : A Cross-Country Analysis

Wojewodzki, Michal; Boateng, Agyenim; Brahma, Sanjukta - 2022

Recent studies examining the effects of a credit rating on firms’ capital structure and adjustment of capital structure … capital structure of banks. We find that, on average, banks near a credit rating upgrade have a higher capital to assets ratio … compared to banks not near a rating upgrade. Most systematically important “too-big-to-fail” banks near a credit rating upgrade …

Persistent link: https://www.econbiz.de/10013404996

Is the Behavior of German Venture Capitalists Different? Evidence from the Neuer Markt

Tykvová, Tereza - 2003

Using a unique, hand-collected database of all venture- backed firms listed on Germany's Neuer Markt, we analyze the history of venture capital financing of these firms before the IPO and the behavior of venture capitalists at the IPO. We can detect significant differences in the behavior and...

Persistent link: https://www.econbiz.de/10010297295

Are IPOs of Different VCs Different?

Tykvová, Tereza; Walz, Uwe - 2004

This paper sets out to analyze the influence of different types of venture capitalists on the performance of their portfolio firms around and after IPO. We investigate the hypothesis that different governance structures, objectives, and track records of different types of VCs have a significant...

Persistent link: https://www.econbiz.de/10010297354

Venture capital investment and labor market performance: a panel data analysis

Belke, Ansgar; Fehn, Rainer; Foster, Neil - 2001

Labor market performance has differed considerably between OECD countries over the last two decades. The focus of the literature so far has been to ask whether these differences can be explained by varying degrees of labor market rigidities and generosity of welfare states. This paper takes a...

Persistent link: https://www.econbiz.de/10010300341

A Non-Parametric and Entropy Based Analysis of the Relationship between the VIX and S&P 500

Allen, David E.; McAleer, Michael; Powell, Robert; … - 2013

This paper features an analysis of the relationship between the S&P 500 Index and the VIX using daily data obtained from both the CBOE website and SIRCA (The Securities Industry Research Centre of the Asia Pacific). We explore the relationship between the S&P 500 daily continuously compounded...

Persistent link: https://www.econbiz.de/10010326508

Venture Capital Investment and Labor Market Performance : New Empirical Evidence for OECD Countries

Belke, Ansgar; Schaal, Andreas - 2004

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...

Persistent link: https://www.econbiz.de/10010262178

1
2
3
4
5
6
7
8
9
10
Next
Last