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Bailouts, the Incentive to Manage Risk, and Financial Crises
Panageas, Stavros - 2010
A firm's termination leads to bankruptcy costs. This may create an incentive for outside stakeholders or the firm's debtholders to bail out the firm as bankruptcy looms. Because of this implicit guarantee, firm shareholders have an incentive to increase volatility in order to exploit the...
Persistent link: https://www.econbiz.de/10013152555
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Bailouts, the Incentive to Manage Risk, and Financial Crises
Panageas, Stavros - 2009
A firm's termination leads to bankruptcy costs. This may create an incentive for outside stakeholders or the firm's debtholders to bail out the firm as bankruptcy looms. Because of this implicit guarantee, firm shareholders have an incentive to increase volatility in order to exploit the...
Persistent link: https://www.econbiz.de/10012463592
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Evidence on the relative and incremental information content on EVA, residual income, earnings and operating cash flow
Biddle, Gary C.; Bowen, Robert M.; Wallace, James S. - 1996
Persistent link: https://www.econbiz.de/10002833139
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Multinationality : earnings, efficiency, and market considerations
Riahi-Belkaoui, Ahmed - 2002
Persistent link: https://www.econbiz.de/10001663972
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Selektives Rechnungswesen
Weber, Jürgen - In: Journal of business economics : JBE 66 (1996) 8, pp. 925-946
Persistent link: https://www.econbiz.de/10001205406
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Externe Rechnungslegung und zielkonforme Unternehmenssteuerung im Konzern
Loitlsberger, Erich - In: Fortschritte im Rechnungswesen : Vorschläge für …, (pp. 705-753). 1999
Persistent link: https://www.econbiz.de/10001435203
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Der Einfluß der Gestaltung der Kosten- und Ergebnisrechnung auf den Unternehmenserfolg
Latzko, Frank - 2000
Persistent link: https://www.econbiz.de/10001472753
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Kosten- und Erfolgs-Controlling im Konzern
Wullenkord, Axel - 1995
Persistent link: https://www.econbiz.de/10000919368
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Contracting theory and accounting
Lambert, Richard A. - In: Journal of accounting & economics 32 (2001) 1/3, pp. 3-87
Persistent link: https://www.econbiz.de/10001654754