Narrow search
Showing 1 - 10 of 138,879
Cover Image
Why do firms allow their CEOs to join trade associations? : an embeddedness view
Yen, Ju-Fang; Chen, Yan-Shing; Shen, Chung-hua; Lin, … - In: International review of economics & finance : IREF 32 (2014), pp. 47-61
Persistent link: https://www.econbiz.de/10010531318
Cover Image
Corporate investment in the global financial crisis
Jucá, Michele Nascimento; Fishlow, Albert - In: Journal of business economics and management 22 (2021) 3, pp. 636-655
This paper exams the impact of high levels of bank debt, leverage, credit obtained from government banks and cash reserves in the long and short terms investments of firms in the main Latin American countries after this crisis. For this purpose, it is applied a difference-in-differences test in...
Persistent link: https://www.econbiz.de/10012506268
Cover Image
The Dangerous Utopia of the ECB's Cancellation of Public Debts
Pichet, Eric - 2020
The main result of the quick reactions of the Federal Reserve (the Fed) and the European Central Bank (ECB) to the Covid-19 crisis are that more than 20% of their public debt is now held by these central banks and that the balance sheet of the ECB is now near 50% of GDP (33% for the Fed). Two...
Persistent link: https://www.econbiz.de/10012826475
Cover Image
Non-Recourse, No Down Payment and the Mortgage Meltdown : Lessons from Undercapitalization
Solomon, Dov - 2015
The recent global financial crisis, sparked by developments in the American mortgage market, provides a timely opportunity for a thorough analysis of the standard model for financing home purchases. The United States residential mortgage market has two prominent aspects: first, a significant...
Persistent link: https://www.econbiz.de/10013037784
Cover Image
Bank Stress Testing : A Stochastic Simulation Framework to Assess Banks’ Financial Fragility
Montesi, Giuseppe - 2018
We present a stochastic simulation forecasting model for stress testing aimed at assessing banks' capital adequacy, financial fragility and probability of default. The paper provides a theoretical presentation of the methodology and the essential features of the forecasting model on which it is...
Persistent link: https://www.econbiz.de/10012936094
Cover Image
The Impact of Credit Line Drawdowns on Investment Evidence from the Financial Crisis
Doukas, John A. - 2016
Using a unique dataset of credit line drawdowns and liquidity hedging, we study the relation between credit line usage and corporate investment. In line with theoretical predictions that credit lines aid firms to invest during times of limited credit availability, our findings reveal that the...
Persistent link: https://www.econbiz.de/10012986280
Cover Image
CEO Overconfidence and Financial Crisis : Evidence from Bank Lending and Leverage
Ho, Po-Hsin - 2015
probability, and higher likelihood of CEO turnover or failure than other banks. CEO overconfidence thus can explain the cross …
Persistent link: https://www.econbiz.de/10013016035
Cover Image
More than connectedness – Heterogeneity of CEO social network and firm value
Fang, Yiwei; Francis, Bill; Hasan, Iftekhar - Suomen Pankki - 2012
This paper examines through various channels the effects of CEO social network heterogeneity on firm value. We … geographical exposures of individuals in the CEO social network. We find that CEO social network heterogeneity leads to higher … Tobin's Q of firms. Greater CEO social network heterogeneity also leads to: (i) more innovation, (ii) more foreign sales …
Persistent link: https://www.econbiz.de/10010584392
Cover Image
More than connectedness: Heterogeneity of CEO social network and firm value
Fang, Yiwei; Francis, Bill; Hasan, Iftekhar - 2012
This paper examines through various channels the effects of CEO social network heterogeneity on firm value. We … geographical exposures of individuals in the CEO social network. We find that CEO social network heterogeneity leads to higher … Tobin's Q of firms. Greater CEO social network heterogeneity also leads to: (i) more innovation, (ii) more foreign sales …
Persistent link: https://www.econbiz.de/10012148160
Cover Image
On the determinant of bank loan contracts: The roles of borrowers’ ownership and board structures
Lin, Chih-Yung; Chen, Yan-Shing; Yen, Ju-Fang - In: The Quarterly Review of Economics and Finance 54 (2014) 4, pp. 500-512
Given the worldwide economic importance of bank loan financing, we empirically investigate the roles of borrowers’ ownership and board structure in bank loan terms through a comprehensive dataset, which includes the complete history of individual bank loan contracts for firms publicly listed...
Persistent link: https://www.econbiz.de/10011076308