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9 Jul 2023: Certain forms of financial contract complement more effectively particular types of industry: debt is suited to manufacturing, where there are hard assets to pledge as collateral; whereas equity is more appropriate ... A second major legal reform

9 Jul 2023: Conclusions are drawn in the final section. 3 . 2. The ‘Rating the Ratings’ Literature It has become increasingly common in financial economics research to use commercially provided corporate governance ratings to ... It goes beyond the scope of

9 Jul 2023: the residual effects of factors that were omitted from the statistical models used. ... Moreover, I expect different market reactions to different types of alliance, i.e.

11 Dec 2023: damages). Dietz et al. (2016) estimate that the ‘climate value at risk’ of global financial assets. ... companies with a market capitalization of $12.6 trillion and financial institutions responsible.

9 Jul 2023: The Berle-Means corporation, then, was not a necessity. 11. It was an adaptation that arose to fit the kind of financial system US history produced. ... This bias, it should be said, is not restricted to the cross-border analysis of financial systems.

9 Jul 2023: Journal of Financial Economics, 118(2): 431–449. (AAWE best paper award winner). ... Journal of Financial Economics, 121(1): 1-27. (Lead article). Xi Li and Holly Yang, 2016, Mandatory financial reporting and voluntary disclosure: evidence from

12 Dec 2023: a Faculty of Economics, University of Cambridge, CEPR & Sao Paulo School of Economicsb Judge Business School and King’s College, University of Cambridge, UK. ... c Antai College of Economics and Management, Shanghai Jiao Tong University, China.

9 Jul 2023: A barrier option framework for corporate security. valuation. Journal of Financial Economics 67(3) 511-529. ... and interest rate effects. Journal of Financial Economics 10(4) 407-432. G R Duffee (1995).

9 Jul 2023: Matthias Buechner’s co-authored paper titled “A Factor Model for Option Returns” has been accepted for publication in the Journal of Financial Economics (JFE). ... Publication: Journal of Financial Economics (JFE), Forthcoming. Practical

9 Jul 2023: But Margaret Blair’s consequent difficulties lead us to suspect that assertions on the part of economics that incomplete. ... The focus is accordingly on the evolutionary development of the corporation around a set of core skills and activities rather

9 Jul 2023: global financial crisis this area has become a less frequent object of law. ... Journal of Corporate Law Studies, volume 15 (2015). Further information about the Centre for Business Research can be found at:.

9 Jul 2023: and. Ajit Singh Emeritus Professor of Economics, University of Cambridge. Life Fellow Queens College Cambridge Tun Ismail Ali Chair, University of Malaya. ... financial wealth is more flexible and processes determining the net accumulation of financial

9 Jul 2023: which are not, legal origin should have an influence on the nature of financial. ... scarce resources (‘regulatory competition’) and the harmonisation of norms. arising from the activities of international financial and legal institutions or.

9 Jul 2023: These differential levels of regulation are. linked, in turn, to variations in the size of financial markets (shareholder. ... supporting dispersed share ownership and the prioritization of financial interests. in corporate governance; by contrast, the

9 Jul 2023: tion (as proxied, inter alia, by ownership disclosure rules) on the books, the de-velopment of their financial market is constrained by the absence of effective legal institutions.74 The fact ... Some. 22. countries, however, also require disclosure of,

9 Jul 2023: Securitization without risk transfer. Journal of Financial. Economics 107, 515-536. Admati, A., Hellwig, M. ... Journal of Financial Economics. 104(3), 425-451. Goodhart, C.A.E., 2010. How should we regulate the financial sector.

9 Jul 2023: 374. by. David Bailey Birmingham Business. School. Helena Lenihan Department of Economics Kemmy Business School University of Limerick. ... For example, the extension by the Irish government of financial incentives to internationally traded services just

9 Jul 2023: Here, the relative strength of financial versus the traditional industrial elites is crucial as both may have very different preferences concerning corporate governance reforms and may influence centre-right politicians. ... increased. There is hence no

9 Jul 2023: It is therefore important that policy-makers and political leaders learn the lessons of the 2007/8 financial crisis with regard to the economics of austerity – before it is too late. ... Key dimensions of the post 2007/8 financial crisis debate about

9 Jul 2023: For very helpful comments on previous drafts I am grateful to Colin Mayer and the anonymous reviewer at the Journal of Corporate Law Studies (in which a version of this paper ... 2. of a number of constituencies who contract to receive a financial return

9 Jul 2023: Role of financial factors in decision-making. Approach to securing employee commitment. ... The relative strength of financial pressures in the different systems, and in particular the pressure for short-term returns in countries with active capital

9 Jul 2023: If we partition the causes of corporate financial distress into two. ... 18. a better financial result.101 This implies a comparison of returns to creditors in administration with their likely dividend in liquidation.102 Moreover, it would seem

9 Jul 2023: most clearly the logic of the financial requirements imposed on firms by stock. ... is positive financial profitability, but returns are below the cost of capital) runs.

6 Dec 2023: This paper builds on the analysis by Steer et al. (2010), characterizing the technology and economics of a first-of-a-kind ADSR demonstratorii. ... Table 1 shows additional financial assumptions associated with the construction and operation of the

9 Jul 2023: Econometric analysis was then used to show that ‘legal investor protection is a strong predictor of financial development’ (La Porta et al., 2008: 286), as measured by the level of stock ... countries at important points in their de-velopment, or

9 Jul 2023: neutral stance and offer disinterested advice to shareholders on the financial merits of the bid. ... Tables 1-3 contain more detailed information on environmental factors, micro-level factors and financial profiles for each of these companies.

9 Jul 2023: Acknowledgements. This paper was originally presented at the conference on The Economics of the Modern Firm, University of Jönköping, 21-22 September 2007. ... We argue that, contrary to current conventional wisdom, support for an active market for

9 Jul 2023: Yet there appears not to be a single empirical study of this key innovation published in an IS journal.20 The challenge for the next generation of IS researchers (one with ... particular his ideas on linking innovation systems research to development

9 Jul 2023: However, the process of financial market liberalization varied, particularly with regard to the stock markets. ... The structure of financial market regulation in the four countries also varies significantly.

9 Jul 2023: R., & Harvey, C. R. (2013). Managerial miscalibration. The Quarterly Journal of Economics, 128, 1547–1584. ... Journal of. Financial Economics, 108, 822–839. doi:10.1016/j.jfineco.2012.12.005. 4 Self, W. T., Mitchell, G., Mellers, B.

9 Jul 2023: 18 34 110 financial services 5 21 67 leisure/sport 7 22 66. ... Yet there appears not to be a single empirical study of this key innovation published in an IS journal.19 The challenge for the next generation of IS researchers (one with

9 Jul 2023: Stockholm School of Economics, EBRD and the 2005 CEPR meetings at Gerzensee,. ... policy agenda of many emerging market countries as well as international financial.

9 Jul 2023: Stockholm School of Economics, EBRD and the 2005 CEPR meetings at Gerzensee,. ... policy agenda of many emerging market countries as well as international financial.

9 Jul 2023: Journal of Financial Economics, 53(3), 353-384. Hoskisson, R. E., Hitt, M. ... Journal of Financial Economics, 38(2), 163-184. Milgrom, P. R. (1988). Employment Contracts, Influence Activities, and Efficient Organization Design.

7 Dec 2023: Limits to Ar-. bitrage and Hedging: Evidence from Commodity Markets. Journal of Financial. ... Journal of. Economics & Management Strategy 22, 125—139. Chen, Yongmin and Marius Schwartz (2013).

9 Jul 2023: Together, these determined the nature and extent of financial market regulation and the system’s relative stability during the 2008 crisis. ... This effectively severed the theoretical and policy link between the dynamics of financial markets and those

9 Jul 2023: 10. This concerns the economic and financial structure of the corporation as well as the legal framework. ... Interestingly enough, measures favouring shareholders – and hence the functioning of financial markets – were at the time even supported by

9 Jul 2023: Ke Tang Centre for Financial Research Judge Business School University of Cambridge kt284@cam.ac.uk. ... Centre for Financial Research, Judge Business School, University of Cambridge,. Trumpington Street, Cambridge CB2 1AG. &.

9 Jul 2023: The resulting pandemonium plunged the world into a financial crisis of unprecedented proportion that quickly spilled over into the real economy. ... cross-fertilization of ideas from economics,42 political economy, strategic management and industrial

11 Dec 2023: 995-1013. Jensen, M.C. & Meckling, W.H. (1976), Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure, Journal of Financial Economics, Vol. ... Electric Power Distribution, Journal of Regulatory Economics, 38, pp. 86-109. Meyer, R.

9 Jul 2023: Asset commonality, debt maturity and systemic risk. Journal of Financial Economics 104, 519–534. ... Lending relationships in the interbank market. Journal of Financial Intermediation 18, 24–48.

9 Jul 2023: lack of suitable data, as partners are typically not subject to public disclosure. ... by the Venture Economics5 (VE hereafter) unit of Thompson Financial group.

9 Jul 2023: corporate governance and financial markets. Legal origin may also operate as a. ... conjunction of financial market liberalization and labour market flexibility. (Gourevitch and Shinn, 2005; Pagano and Volpin, 2005).

9 Jul 2023: Performance Pricing in Bank Debt Contracts. Journal of Accounting & Economics 40, 101-128. ... Journal of Accounting and Economics 17, 281-308. Watts, R.L., Zimmerman, J.L., 1986.

11 Dec 2023: Waddams Price and Zhu (2016) provide recent analysis, summary and discussion, including good coverage of the behavioural economics literature, and other products and countries. ... A measure of financial risk could be a useful component of a satisfaction

11 Dec 2023: Hung Do a, Rabindra Nepal b and Tooraj Jamasb c. a School of Economics and Finance, Massey University, New Zealand. ... 9. the concepts of semivariance in empirical studies on financial markets and support the notion.

9 Jul 2023: board shareholdings for the sample of 363 acquirers, which we classify as either financial. ... external shareholders, with the median acquirer having a financial holding of 5.31 percent.

6 Dec 2023: Contact js782@cam.ac.uk Publication September 2008. Financial Constraints and FirmsInvestment: Results of a. ... Natural Experiment Measuring Firm Response to Power. Interruption. Jevgenijs Steinbuksy. Department of Economics, University of Cambridge.

9 Jul 2023: Leland/Pyle (1977) develop a simple model of capital structure and financial equilibrium in which entrepreneurs seek financing for their projects whose true values are known only to them. ... This means that – besides studies such as Chatterjee (1996)

9 Jul 2023: formulation with state variables. Journal of Financial and Quantitative. Analysis 34 (1), 131--157. ... Journal of. Financial Economics 5 (2), 177--188. Wilkie, A.D., Waters, H.R., Yang, S., 2004.