Import competition and stock price crash risk
Abstract We investigate how globalization‐induced import competition affects stock price crash risk. Import competition increases price pressure and reduces profit margins, prompting managers to withhold negative information, resulting in higher crash risk. Based on a sample of US manufacturing firms from 1974 to 2019, we find that firms whose products
Mansoor Afzali +2 more
wiley +1 more source
Manager characteristics and the informativeness of banks' loan loss provisioning. [PDF]
Bischof J, Rudolf N.
europepmc +1 more source
The expected inflation risk premium in the U.S. stock market
Abstract This article studies how expected inflation risk affects asset prices. We propose an ex‐ante, tradable proxy for this risk, derived from the term spread of gold futures prices. Using cross‐sectional and time series asset pricing tests, we show how an increase in expected inflation risk lowers contemporaneous prices and raises equity returns ...
Pascal Letourneau +2 more
wiley +1 more source
Associations between social determinants of health and long-term outcomes in systemic lupus erythematosus: a nationwide population-based cohort study in Sweden. [PDF]
Gomez A +8 more
europepmc +1 more source
An investigation of accrual-based earnings management in the UK
This thesis aims to investigate the reliability of using accrual-based measures as a proxy for earning management in the UK. The earnings management literature has undergone immense development over the last decades, initially having focused on the establishment of abnormal accruals as a proxy for earnings management, thereafter more critical papers ...
openaire
The Effects of Regulatory Office Closures on Bank Behavior
Abstract We investigate if the decentralized structure of regulatory office networks influences supervisory outcomes and bank behavior. Following the closure of an office, banks previously supervised by that office increase their lending and risk‐taking.
IVAN LIM, JENS HAGENDORFF, SETH ARMITAGE
wiley +1 more source
Association of Intensive Lifestyle Intervention for Type 2 Diabetes With Labor Market Outcomes.
Huckfeldt PJ +10 more
europepmc +1 more source
Unequal and Unstable: Income Inequality and Bank Risk
Abstract We present a model in which income inequality interacts with banks' risk‐taking incentives, generating financial instability. Competition and deposit insurance cause some banks to lend to lower‐income borrowers at underpriced rates, creating “risky banks” that fail in downturns, while others lend to higher‐income borrowers and avoid default ...
YULIYAN MITKOV, ULRICH SCHÜWER
wiley +1 more source
Does competitive position matter: Investigating the impact of information risk on COE and corporate investment. [PDF]
Saleem S, Usman M, Akhtar MN.
europepmc +1 more source
ABSTRACT The agroecological practices of ethnic minority farmers in Vietnam's northern uplands are being reshaped by intersecting pressures of land‐use reform, market integration, and state‐backed crop promotion. Among Hmong communities in the south of Lào Cai Province (former Yên Bái Province) cinnamon was once valued primarily for its medicinal ...
Mélie Monnerat, Sarah Turner
wiley +1 more source

