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announcement of higher tariffs. Announcements of higher tariffs between China and the U.S. caused share prices to tumble … addresses the issue in unison and with determination, as China is doing, share prices in the U.S. could be affected and keep the …
Persistent link: https://www.econbiz.de/10012007679
The outbreak of the Covid-19 pandemic massively increased uncertainty about firms’ cash flows and their access to financial markets. We examine its effect on firms’ strategies for preserving cash by suspending dividends and buybacks and raising new funds through bond and equity issues. We...
Persistent link: https://www.econbiz.de/10013233950
firm may be encroached by shareholders and managers after the announcement in the U.S. but not in China. However, for … on average, while those in China can profit from it before the information is officially released; however, the incentive …
Persistent link: https://www.econbiz.de/10013143825
We exploit the U.S. grant of Permanent Normal Trade Relations (PNTR) status to China as a quasi-policy shock to … corporate demand for targets with China-related business experience, and investigate how such a shock affects U.S. acquirers … U.S. acquirers by lowering operating expenses, purchasing more inputs from China, selling more outputs to China, and …
Persistent link: https://www.econbiz.de/10013309377
businesses in the new economy. The IPO market has triggered an intense competition between the USA and China. Russia’s stock … market has stayed away from these processes. The experience of the USA and China shows that for the IPO market to properly …
Persistent link: https://www.econbiz.de/10013227129
This paper examines how the relationship between stock returns of U.S. firms and WTI oil prices is affected by leverage (debt to total assets) from 1990 to 2020. Results from our fixed-effect regression models suggest that leverage effects on stock returns are pervasive both in aggregate and...
Persistent link: https://www.econbiz.de/10013321857
Persistent link: https://www.econbiz.de/10009576488
Persistent link: https://www.econbiz.de/10010365736
Information about the possibilities of changes in national and international macroeconomic variables affects the expectations and behavior of individuals and firms more quickly than real changes in those macroeconomic variables. In this research, we investigate the impacts of international...
Persistent link: https://www.econbiz.de/10012291761
This short technical report provides an empirical analysis of the level of institutional block ownership overall, and of foreign block ownership, at a broad set of publicly traded corporations. Disclosed institutional blockholders of every company in the Standard & Poor's 500 index are analyzed,...
Persistent link: https://www.econbiz.de/10011581995