Showing 1 - 10 of 24
This paper reports the results of experimental asset markets designed to investigate how the public disclosure of uncertain information affects market and individual outcomes. In some markets, no information is released as trading starts, and in others, an imperfect pre-announcement is...
Persistent link: https://www.econbiz.de/10009459067
I investigate whether U.S. bank holding companies choose early adoption of accounting standards to better access external financing. Both economic intuition and theories suggest that banks are motivated to take measures such as information disclosure to better access capital markets. Examining...
Persistent link: https://www.econbiz.de/10009477780
risk of debt-deflation and prolonged recession. Financialization operates through three different conduits: changes in the …
Persistent link: https://www.econbiz.de/10009467755
’ financial management considering high usage of debt financing, litter effort has been made. Considering the extent of hotel … firms’ financial constraints, this study examines the precautionary motive of cash holding toward external financing (debt … study tests the relation of cash to debt and cash flow. Regardless of the extent of financial constraints, cash holding is …
Persistent link: https://www.econbiz.de/10009468107
of probably the most pervasive means of finance, debt. Interest rate and other movements over decades can generate … significant variations in yields realised from investments. Conditions over recent decades appear to have made debt …
Persistent link: https://www.econbiz.de/10009475286
I examine how the verification of financial statements influences lenders’ debt pricing decisions. To do so, I obtain … lower cost of debt, but also that lenders place significantly more weight on audited, compared to unaudited, financial …
Persistent link: https://www.econbiz.de/10009477419
effect on equity objective mutual funds, while having a positive impact on Debt and Equity combination funds. In addition …, our research concludes that team management has no significant effect on funds whose primary focus is debt. Across the …
Persistent link: https://www.econbiz.de/10009450245
Artículo de revista ; Drawing on the accounts for the institutional sectors, this article describes how euro area households’ income, savings, borrowing and financial wealth evolved in 2018. The improvement in the labour market and the more dynamic wage performance continued to boost...
Persistent link: https://www.econbiz.de/10012523899
, excess debt and the loss in competitiveness), which are all closely interlinked, were factors of vulnerability. But even …
Persistent link: https://www.econbiz.de/10012529570
imbalances accumulated in the high-growth phase (the real estate boom, excess debt and the loss in competitiveness), which are …
Persistent link: https://www.econbiz.de/10012529581