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The effects of risky debt on investment under uncertainty

You, Seung Dong - In: Asia-Pacific journal of financial studies 42 (2013) 1, pp. 39-55

Persistent link: https://www.econbiz.de/10009726559

Internal capital markets and the partial adjustment of leverage

Fier, Stephen G.; McCullough, Kathleen A.; Carson, James M. - In: Journal of banking & finance 37 (2013) 3, pp. 1029-1039

Persistent link: https://www.econbiz.de/10009708718

Basel III and CEO compensation in banks : pay structures as a regulatory signal

Eufinger, Christian; Gill, Andrej - 2013

This paper proposes a new regulatory approach that implements capital requirements contingent on managerial compensation. We argue that excessive risk taking in the financial sector originates from the shareholder moral hazard created by government guarantees rather than from corporate...

Persistent link: https://www.econbiz.de/10010226049

Reassessing the effect of growth options on leverage

Ogden, Joseph P.; Wu, Shanhong - In: The journal of corporate finance : contracting, … 23 (2013), pp. 182-195

Persistent link: https://www.econbiz.de/10010239019

Veblenian and Minskian financial markets

Argitis, Giorgos - In: European journal of economics and economic policies : … 10 (2013) 1, pp. 28-43

Persistent link: https://www.econbiz.de/10010199578

A detrimental feedback loop : deleveraging and adverse selection

Bertsch, Christoph - 2013

decreasing their leverage which in turn amplifies the adverse selection problem in asset markets. In the extreme case, this leads …' long-term leverage choices and an "interim" inefficiency because it distorts agents' short-term liquidity management. I …

Persistent link: https://www.econbiz.de/10010202960

Imperfect knowledge about asset prices and credit cycles

Kuang, Pei - 2013

Persistent link: https://www.econbiz.de/10010257530

Stress testing bank profitability

Duane, Michael; Schuermann, Til; Reynolds, Peter - In: Journal of risk management in financial institutions 7 (2014) 1, pp. 72-84

Persistent link: https://www.econbiz.de/10010259555

Toward a unified framework of credit creation

Becke, Susanne von der; Sornette, Didier - 2014

amount of collateral assets accepted, (ii) the level of leverage and (iii) the level of trust and confidence. As credit … financial system. As trust began to recede, so did leverage and the amount of assets accepted as collateral, leading to a …

Persistent link: https://www.econbiz.de/10010337985

Evaluating a project finance SPV : combining operating leverage with debt service, shadow dividends and discounted cash flows

Moro Visconti, Roberto - In: International journal of economics, finance and … 1 (2013) 1, pp. 9-20

Persistent link: https://www.econbiz.de/10010248354

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