Showing 11 - 20 of 18,552
By using corporate governance data on 22 publicly traded Turkish companies we estimate the determinants of corporate … risk and firm size positively influence the corporate governance ratings (CGR) that Turkish firms receive. In the meantime …
Persistent link: https://www.econbiz.de/10011709006
Purpose - The main aim of this paper is to analyze the impact of corporate governance and the cost of capital in … results of the regression methodology used is to analyze research hypotheses related to effects of Corporate Governance in the … regression to analyze research hypotheses related to the Factor of the Cost of Capital and the Factor of Corporate Governance and …
Persistent link: https://www.econbiz.de/10011516727
Using recent pooled data from several developed nations, the paper uniquely examines whether the composition of payment instruments has a bearing on the prevalence of corruption in a country. Our results suggest that the choice of instruments matters. Paper credit transfer transactions are...
Persistent link: https://www.econbiz.de/10012148623
’ balance sheets deteriorated between the fourth quarters of 1993 and 1995, which points the possibility of corporate roots of …
Persistent link: https://www.econbiz.de/10011335213
From 1990 to 2011, the share of the world's initial public offering (IPO) activity outside the U.S. increased with financial globalization. In the 1990s, when financial globalization was lower, there were 0.37 U.S. IPOs for each non-U.S. IPO compared to only 0.12 in the 2000s. Consistent with...
Persistent link: https://www.econbiz.de/10009625914
By using corporate governance data on 22 publicly traded Turkish companies we estimate the determinants of corporate … risk and firm size positively influence the corporate governance ratings (CGR) that Turkish firms receive. In the meantime …
Persistent link: https://www.econbiz.de/10011474594
The paper studies risk mitigation associated with capital regulation, in a context when banks may choose tail risk assets. We show that this undermines the traditional result that higher capital reduces excess risk-taking driven by limited liability. When capital raising is costly, poorly...
Persistent link: https://www.econbiz.de/10011383199
During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO activity, attributed to better institutions and governance, used to be a strength of the U.S., it no longer is. IPO activity in the U.S. has fallen compared to the rest of the world...
Persistent link: https://www.econbiz.de/10013128002
This paper studies whether the volume and composition of capital flows affect the degree of credit crunch during the 2007-2009 crisis. Using data on 3823 firms in 24 emerging countries, we find that, on average, the decline in stock prices was more severe for firms that are intrinsically more...
Persistent link: https://www.econbiz.de/10013133365
There has recently been considerable interest in the potential adverse effects associated with excessive uncertainty in energy futures markets. Theoretical models of investment under uncertainty predict that increased uncertainty will tend to induce firms to delay production and investment....
Persistent link: https://www.econbiz.de/10013133512