We examine the effects of firms’ cash positions in moderating the impact of the subprime mortgage crisis on corporate … performance. We find that corporate performance significantly declines following the onset of the crisis. Firms with low cash … reserves had the largest declines in performance following the onset of the financial crisis. However, we do not find any …

The causes of the global financial crisis were multi-faceted but revealed still unresolved weaknesses in national and … international financial oversight and resolution frameworks. In particular, many governments in the crisis-hit countries had to … provide unprecedented levels of support to contain the crisis and protect financial stability. These interventions have not …

presenting the latest research in this field and addressing important issues exposed by the financial crisis. It covers this … financial crisis world. Contains information regarding various aspects of the credit derivative market as well as cutting edge … presenting the latest research in this field and addressing important issues exposed by the financial crisis. It covers this …