Showing 1 - 10 of 115,076
acquisition of information about firms, its partial revelation through stock prices, capital allocation and income. The stock …
Persistent link: https://www.econbiz.de/10009293661
We analyze the effects of socially responsible investment and public abatement on environmental quality and the economy in a continuous-time dynamic growth model featuring optimizing households and firms. Environmental quality is modelled as a renewable resource. Consumers can invest in...
Persistent link: https://www.econbiz.de/10010264399
We analyze the effects of socially responsible investment and public abatement on environmental quality and the economy in a continuous-time dynamic growth model featuring optimizing households and firms. Environmental quality is modelled as a renewable resource. Consumers can invest in...
Persistent link: https://www.econbiz.de/10005196236
We exploit exogenous variation in the amount of public information available to banks about a firm to empirically …) reduced the amount of public information available to Pakistani banks about a firm's creditworthiness. Prior to 2006, the SBP … published credit information not only about the firm in question but also (aggregate) credit information about the firm's group …
Persistent link: https://www.econbiz.de/10011119890
acquisition of information about firms, its partial revelation through stock prices, capital allocation and income. The stock …
Persistent link: https://www.econbiz.de/10013120646
platform. This observation goes against information asymmetry theories of IPOs underpricing. Also the abnormal initial return …
Persistent link: https://www.econbiz.de/10013087108
The trust-free nature of blockchain-based systems challenges the role of traditional platform providers and enables the creation of new, intermediary-free markets. Despite the growing number of such markets, the impact of the blockchain's configuration on market outcomes remains unclear. In this...
Persistent link: https://www.econbiz.de/10012894630
This paper examines whether and how U.S. analysts contribute to an improvement in the home market information … U.S.-location premium to information production cannot be explained by a bonding or certification role of U.S. analysts …
Persistent link: https://www.econbiz.de/10012935949
different magnitude. This simply imply that investors on the Zimbabwean stock exchange react differently to information …
Persistent link: https://www.econbiz.de/10012868676
Financial market efficiency has been constantly challenged with new evidence of calendar anomalies in the stock market. This paper examines the existence and predictability of the turn-of-the-month effect at Kuala Lumpur Composite Index (KLCI), Seoul Composite Stock Price Index (KOSPI) and Tokyo...
Persistent link: https://www.econbiz.de/10012975826