In this study, we focus on the effect of commodity price uncertainty on the cost of bank credit for a broad sample of loans traced to firms operating in developing and advanced economies. Using loan level data for the 1990-2019 period, we find novel evidence that commodity price uncertainty, as...

The study examines the relevance of risk reporting in the field of firm voluntary disclosure with an empirical work on Italian listed firms. The motivation of this study is the implementation of the Directive 51/2003/CE in Italy (D.Lgs. 32/2007), a sample of companies listed on the Italian Stock...

Il presente lavoro vuol dimostrare, attraverso l’analisi del comportamento di potenziali analisti finanziari, l’irrazionalità del comportamento individuale in sede di valutazione economico-finanziaria delle società. Il tipo di rappresentazione mentale, influenzata da stereotipi, pregiudizi...

Purpose: Few studies have focused on emerging markets owing to difficulties in identifying the real effect of disclosures on these economies. To fill this gap, the purpose of this paper is to first: investigate the main drivers for risk disclosure quality for Chinese financial firms, second:...

We show that grading standards for primary school exams in England have triggered an inflation of quality indicators in the national performance tables for almost two decades. The cumulative effects have resulted in significant differences in the quality signaled to parents for otherwise...

Neighborhoods can considerably affect children's future outcomes, but the forces through which they operate are not well understood yet. I study how local schools affect the educational achievement of low-income students when their neighborhood changes as a result of an inflow of more affluent...