Thorsten Beck, Europäisches Hochschulinstitut Florenz, sieht in einer wirksamen Regulierung und Aufsicht ein bewegliches Ziel, das sich an veränderte Umstände und Geschäftsmodelle der Banken anpassen müsse. Es gäbe mehrere politische Veränderungen, die die Widerstandsfähigkeit des...

The European sovereign debt crisis illustrated how the stability of the entire financial system suffers when banks and sovereigns become too intertwined. However, there has been seemingly little success in reducing the bank-sovereign nexus in the decade since the crisis. As this Weekly Report...

The purpose of this study is to identify whether an innovative company’s likelihood of facing financial constraints is different when the company possesses a public procurement contract (PP). Theory suggests that the treatment effects of public procurement, particularly when mediated by the...

This paper explores the effect of a firm's reputation of being a green bond issuer on its financing costs. Using a sample of 73 listed Swedish real estate companies issuing in total about 1500 bonds over the period from 2011 till 2021, differencein- difference analyses and instrumental variable...