Showing 1 - 10 of 792,974
This paper considers the competitive effects of funding and collaboration alliances between established corporations and entrepreneurial potential rivals. We develop a formal setting to explore how in the presence of mutual agency conflicts, (i) cost efficiencies from resource sharing, (ii) the...
Persistent link: https://www.econbiz.de/10014112511
penalize poorly performing entrepreneurs by terminating their projects. Based on this tradeoff we develop a theory of financing …
Persistent link: https://www.econbiz.de/10011378146
We examine the impact of corporate risk-taking on firm-level real earnings management. We find that firms with higher risk-taking engage in higher real earnings management. Our results are robust to a series of robustness tests, including simultaneous least squares approach, firm fixed effect,...
Persistent link: https://www.econbiz.de/10012631900
Persistent link: https://www.econbiz.de/10014463214
Persistent link: https://www.econbiz.de/10012169916
The study investigates the factors that influence dividend payout policy in public Pakistani manu- facturing companies … a dividend at all or do not do so regularly so all these firms were excluded from the final dataset. The study discovers … life cycle ratio, increase the dividend payout while cash ratio decreases the dividend distribution ratio for publically …
Persistent link: https://www.econbiz.de/10013252615
Analyses of zombie firms have emphasised the role of bank financing as the reason for zombie survival. This conclusion was made despite no comparative analysis of the sources of external finance for zombie firms. This paper provides the first analysis of that sort using Finnish data....
Persistent link: https://www.econbiz.de/10013535893
Persistent link: https://www.econbiz.de/10001621044
Persistent link: https://www.econbiz.de/10014462489
Persistent link: https://www.econbiz.de/10010366155