Results 151 to 160 of about 406,172 (396)

Personal-bankruptcy cycles [PDF]

open access: yes
This paper estimates the dynamics of the personal-bankruptcy rate over the business cycle by exploiting large cross-state variation. We find that bankruptcy rates are significantly higher than normal during a recession and rise as a recession persists ...
Garrett, Thomas A., Wall, Howard J.
core   +1 more source

Investors' attention and the paradox of technologically related diversification: Evidence of stock market mispricing

open access: yesStrategic Management Journal, EarlyView.
Abstract Research Summary We show that multi‐business firms pursuing technologically related diversification often face a paradox. While such strategies can yield superior financial performance through technological synergies, investors with limited attention tend to undervalue them due to their complexity.
Raffaele Morandi Stagni, Juan Santaló
wiley   +1 more source

Bankruptcy Indicator Frameworks Used In Cross-Country Reviews (Indonesia – Russia Bankruptcy Law)

open access: yesNurani
The differences and similarities in the legal frameworks of Cross-country will shed light on the effectiveness of their respective bankruptcy systems. This research employs a comparative analysis of bankruptcy laws in Indonesia and Russia, with a focus ...
Recca Ayu Hapsari Hapsari   +3 more
doaj   +1 more source

Insolvency laws around the world - a statistical analysis and rules for their design [PDF]

open access: yes
Insolvenzrecht, Welt, Konkurs, Bankruptcy law, World ...
Leora Klapper, Stijn Claessens
core  

A Skeptic’s Case for Sovereign Bankruptcy [PDF]

open access: yes, 2013
This essay describes fundamental flaws in the sovereign debt restructuring regime, but questions the prevailing arguments for sovereign bankruptcy. The author concludes that efficient debt outcomes may well come about without bankruptcy, but that a ...
Gelpern, Anna
core   +1 more source

Does earnings management matter for strategy research?

open access: yesStrategic Management Journal, EarlyView.
Abstract Research Summary Strategic management research often uses accounting data, despite well‐known concerns that earnings management could obscure the link between actual and measured performance. We apply methods from the econometric literature on bunching to estimate that around 15 percent of firm‐year observations in Compustat manipulate ...
R. Anthony Gibbs   +2 more
wiley   +1 more source

High flying adored: How CEO narcissism influences firms' responses to above‐aspiration performance with risky organizational change

open access: yesStrategic Management Journal, EarlyView.
Abstract Research Summary Research on performance feedback presents conflicting views on how above‐aspiration performance influences organizational change. Some studies argue that it constrains change due to a lack of organizational motivation, while others suggest that it enables change by expanding managerial discretion.
Korcan Kavusan   +3 more
wiley   +1 more source

What do we know about Chapter 13 personal bankruptcy filings? [PDF]

open access: yes
Since 1980, the number of households filing for bankruptcy has more than tripled. This drastic increase in personal bankruptcy filings led to substantial debate among economists and policymakers.
Wenli Li
core  

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