Purpose – The purpose of this paper is to seek to clarify whether the fair value (FV) of Brazilian banks securities is relevant for investors in times of crisis. Design/methodology/approach – The information gathered for 14 quarters, 2007-2010, of a cross-sectional sample of banks was used...

Purpose – This paper aims to present an analysis of the nature and drivers of company‐level concession bargaining during the financial crisis 2008‐10 in Germany. Design/methodology/approach – The paper is based on five company case studies. Data collection methods include document...

Purpose – The research question which this paper aims to address is: To what extent does (labour) flexibility contribute to crisis resistance at establishment level? More specifically, the authors seek to analyse the determinants of variation in the extent to which establishments showed...

Purpose – The purpose of this paper is to provide a cohesive review of the major findings in the literature concerning the Global Financial Crisis. Design/methodology/approach – Papers published in top-rated finance and economics journal since the crisis up to the present were reviewed. A...

Purpose – The purpose of this paper is to observe listed firms in China during the 2008 financial crisis and investigates how group affiliation affects firm value when the economy turns down. The paper focusses the study on answering the following questions: during the crisis, do affiliated...

Purpose – The purpose of this paper is to highlight how the basic binomial option pricing model (BOPM) might be used by regulators to help formulate rules, prior to financial crisis, that help prevent loan overstatement by banks in emerging market economies undergoing financial crises....

Purpose – The purpose of this paper is to explore the impact of institutional trading on the market quality during the financial crisis and short sale ban. Design/methodology/approach – The following methods was applied to discuss the total impact on market quality and efficiency of short...

Purpose The purpose of this paper is to show the importance of policy discussions on the role of governance in limiting excessive risk-taking at times of turmoil. Design/methodology/approach Corporate governance measures are regressed on measures of risk taking using a sample of US bank holding...

Purpose – In the wake of the recent financial crisis, there has been extensive commentary regarding the rise and fall of REIT leverage, how much debt REITs should use, and the trendy “deleveraging” practice among REIT managers. The paper aims to discuss these issues....

Purpose This research aims to focus on what has happened in light of the Greece legal crisis in terms of international contracts and what legal situations have arisen. Design/methodology/approach This research focuses on what has happened in light of the Greek legal crisis in terms of...