Showing 1 - 10 of 8,707
, covering about 120 Environmental, Social, and Governance aspects. The study's research problem is to examine the effects of non … accounting and market-based firm performance, while the social dimension contributes adversely, and governance positively affects …
Persistent link: https://www.econbiz.de/10013258583
We estimate firms' cash flow sensitivity of cash to empirically test how the financial system's structure and activity level influence their financial constraints. For this purpose we merge Almeida, Campello and Weisbach (2004), a pathbreaking new design for evaluating a firm's financial...
Persistent link: https://www.econbiz.de/10013158261
Mandatory pension contributions (MCs) are negative shocks to a firm's liquidity that can unfavorably impact its cost of capital, financing, and investment plans. We study whether firms faced with MCs use both non-cash (NEM) and cash generating earnings management (CEM) to partly offset their...
Persistent link: https://www.econbiz.de/10013006538
to innovation, as well as in more competitive industries. This pattern is also stronger for high-tech industries, for …
Persistent link: https://www.econbiz.de/10012904100
The way firms finance their investments can potentially explain the heterogeneity of firms in terms of their innovation … between finance and innovation of EU firms. We identify seven financing clusters to show that the degree of innovativeness …
Persistent link: https://www.econbiz.de/10011781102
This paper examines the relationship between firms' innovation activities and the hierarchy of financing behaviors. We … analyse the role of innovation inputs (R&D), intermediate outputs (patents) and outcomes (product and process innovations) as … identify the effect of innovation, alongside the size of the firm, its age and its human capital, on the order of directly …
Persistent link: https://www.econbiz.de/10012913580
Persistent link: https://www.econbiz.de/10002382977
We estimate firms' cash flow sensitivity of cash to empirically test how the financial system's structure and activity level influence their financial constraints. For this purpose we merge Almeida, Campello and Weisbach (2004), a pathbreaking new design for evaluating a firm's financial...
Persistent link: https://www.econbiz.de/10010271089
We estimate firms' cash flow sensitivity of cash to empirically test how the financial system's structure and activity level influence their financial constraints. For this purpose we merge Almeida, Campello and Weisbach (2004), a pathbreaking new design for evaluating a firm's financial...
Persistent link: https://www.econbiz.de/10003818695
We examine the relationship between firm performance and corporate governance in microfinance institutions (MFI) using … governance …
Persistent link: https://www.econbiz.de/10013137995