Showing 1 - 10 of 4,631
Persistent link: https://www.econbiz.de/10011535284
Persistent link: https://www.econbiz.de/10009530970
Persistent link: https://www.econbiz.de/10003845172
We examine the impact of two defining social characteristics (individualism and risk aversion) and their interaction with governance and firm agency problems on capital structure in the G20 countries. With a sample of roughly 13,000 firms from 1995 to 2009, we show that higher levels of...
Persistent link: https://www.econbiz.de/10012946555
Persistent link: https://www.econbiz.de/10011634809
This paper explores the relationship between creditor rights and employee rights and capital structure across countries. Using country-level creditor rights index and labor rights index as a proxy for agency costs of creditors and agency costs of employees, respectively, I address the agency...
Persistent link: https://www.econbiz.de/10013068421
Persistent link: https://www.econbiz.de/10012064850
bank safety with a better capitalised bank being a safer bank. On the other hand, shareholders of a safer bank suffer … bank leverage; however, further analysis showed that bank leverage decreases as the governance component score increases …. This suggests that the governance of G-SIBs is important for financial stability. Bank size was found to have no …
Persistent link: https://www.econbiz.de/10014520879
Persistent link: https://www.econbiz.de/10012136000
Persistent link: https://www.econbiz.de/10000952549