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This study analyses the cost of financial distress of non-financial firms listed on the Pakistan stock exchange. Furthermore, it considers the moderating role of concentrated ownership in the relationship between debt and expected financial distress costs. We used the panel data of 214 firms...
Persistent link: https://www.econbiz.de/10014500702
liquidity has a significant moderating effect in the relationship between mobile money services and financial inclusion of the …-sectional approach using a semi-structured quantitative questionnaire and Analysis of Moment Structures was used to test for the … moderating effect of agent liquidity between mobile money services and financial inclusion. The results revealed a significant …
Persistent link: https://www.econbiz.de/10014500792
pandemic, this study is conducted to provide a comprehensive analysis of financial distress for Vietnamese listed firms … conducted an industry-level analysis and found that the Energy sector experienced the highest number of financially distressed … firms. Policy implications have emerged based on these important findings from our analysis. …
Persistent link: https://www.econbiz.de/10014500818
multiple risks to sustaining and growing further. Against this backdrop, the paper examines the impact of both liquidity and … offers a two-stage assessment. In the first stage, it uses data envelopment analysis (DEA), and in the second stage … regression models to assess the impact of both liquidity and credit risk on the efficiency of the IBs. Efficiency scores confirm …
Persistent link: https://www.econbiz.de/10014500849
Persistent link: https://www.econbiz.de/10012063659
Persistent link: https://www.econbiz.de/10000057072
This Technical Note on Financial Safety Net and Crisis Management for the Canada examines systematic liquidity issues …. The review evaluated the Bank of Canada's (BOC's) operational framework and its ability to manage liquidity conditions in …. The paper highlights that the BOC's framework for market operations and liquidity provision in normal times is …
Persistent link: https://www.econbiz.de/10014407887
developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for liquidity and heightened global … uncertainty, staff has revisited the 2017 proposal for a new facility to provide liquidity support to the Fund's membership. This … paper proposes the establishment of a new Short-term Liquidity Line (SLL) as a special facility in the General Resources …
Persistent link: https://www.econbiz.de/10014408787
We examine the linkages between market and funding liquidity pressures, as well as their interaction with solvency … order to test for the transmission of liquidity shocks across U.S. financial markets. It is found that the interaction … solvency becomes important …
Persistent link: https://www.econbiz.de/10014409053