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Glowicka, Ela - 2006

Governments in the EU frequently bail out firms in distress by granting state aid. I use data from 86 cases during the years 1995-2003 to examine two issues: the impact of bailouts on bankruptcy probability and the determinants of bailout policy. I have three main results. First, the estimated...

Persistent link: https://www.econbiz.de/10010278133

Access by the poor in Latin America's utility reform: Subsidies and service obligations

Chisari, Omar O.; Estache, Antonio; Waddams Price, Catherine - 2001

Any infrastructure reformers concerned with social issues in a developing country need to address two problems. The first is increasing access by the poor, and the second is ensuring consumption affordability, i.e. the ability of the poor to pay for both consumption and the amortization of the...

Persistent link: https://www.econbiz.de/10010279363

Produktivität und ihre Einflussfaktoren – Eine empirische Analyse der Kreditgenossenschaften

Richter, Frank - In: Credit and Capital Markets – Kredit und Kapital 47 (2014) 3, pp. 415-437

Zahlreiche Genossenschaftsbanken sehen sich durch die politisch motivierte Niedrigzinsphase zunehmend unter Druck gesetzt ihre Produktivität zu steigern, um ihr Geschäftsmodell weiterhin auskömmlich betreiben zu können. Die vorliegende Untersuchung liefert empirische Ergebnisse, welche...

Persistent link: https://www.econbiz.de/10014523203

The revolving door indicator: Estimating the distortionary power of the revolving door

Brezis, Elise S.; Cariolle, Joel - 2014

The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...

Persistent link: https://www.econbiz.de/10011452600

Regulation and Firm Value: Curious Case of Transparency and Disclosure Laws in Russia

Banerjee, Suman; Masulis, Ronald; Pal, Sarmistha - 2016

We provide novel evidence on the effectiveness of mandated changes in Russian transparency and disclosure (henceforth T&D) rules in boosting shareholder welfare. We focus on the staggered implementation of these T&D reforms initiated in 2002 and implemented during 2003-07. Using difference in...

Persistent link: https://www.econbiz.de/10011479408

Trade models in the European Union

Gräbner, Claudius; Tamesberger, Dennis; Heimberger, Philipp - 2020

specialization, labour market characteristics and regulatory requirements. The resulting clusters comprise countries that base their …

Persistent link: https://www.econbiz.de/10012222261

Accounting Integration issues of EU Member States

Kamela-Sowinska, Aldona - 2014

The aim of this article is to discuss the dilemmas over the integration of accounting in EU member states. The dilemma could be divided into the following main groups. Dilemma of the user of financial statements. This dilemma consists in determining for whom the integration of accounting in EU...

Persistent link: https://www.econbiz.de/10012232260

EU rules on corporate governance as means to promote sustainability?

Schiffauer, Izabela - In: The Central European Review of Economics and Management … 2 (2018) 2, pp. 119-142

Aim: As part of the recent economic and financial crisis management in the EU new regulatory measures have been adopted … to analyse EU regulatory measures in the field of corporate governance with a view to their potential positive impact on … analytical methods. The paper is based on a review of relevant literature and an analysis of EU regulatory measures pertaining to …

Persistent link: https://www.econbiz.de/10012427246

Uncovering real earnings management: Pay attention to risk-taking behavior

Alharbi, Samar; Al Mamun, Md.; Atawnah, Nader - In: International Journal of Financial Studies 9 (2021) 4, pp. 1-18

effect of risk-taking on real earnings management. However, external monitoring by institutional investors and takeover …

Persistent link: https://www.econbiz.de/10013200378

Reversing the Resource Curse: Foreign Corruption Regulation and Economic Development

Christensen, Hans B.; Maffett, Mark; Rauter, Thomas - 2020

We examine the impact of foreign corruption regulation on economic development in highcorruption- risk areas. We find that, after a mid-2000s increase in enforcement of the US Foreign Corrupt Practices Act (FCPA), economic activity (measured by nighttime luminosity) in African communities within...

Persistent link: https://www.econbiz.de/10013342576