Results 121 to 130 of about 208,198 (304)

One‐Sidedness and the Inferior Function in Coriolanus and Timon of Athens

Journal of Analytical Psychology, EarlyView.
Abstract For both Jung and Shakespeare, one‐sidedness is the fundamental tragic trait. Jung proposed that as an individual develops, they inevitably associate their identity with certain modes of perception and interaction, and that this leads to psychological polarization.
Sofie Qwarnström
wiley   +1 more source

A comparison of U.S. corporate and bank insolvency resolution [PDF]

In the U.S., the insolvency resolution of most corporations is governed by the federal bankruptcy code and is administered by special bankruptcy courts. Most large corporate bankruptcies are resolved under Chapter 11 reorganization proceedings.
George Kaufman, Robert R. Bliss
core  

Aggregated Compensation Peer Group Disclosure and Managerial Labor Market Competition: A Network Analysis

Journal of Accounting Research, EarlyView.
ABSTRACT In this paper, we develop novel measures of managerial labor market classification and competition by constructing networks of compensation benchmarking peers disclosed in proxy statements. These networks represent firms’ relative positions within the managerial labor market.
RAY RUI GAO, YIFEI LU
wiley   +1 more source

Conglomeration with bankruptcy costs: Separate or joint financing? [PDF]

The paper analyzes the determinants of the optimal scope of incorporation in the presence of bankruptcy costs. Bankruptcy costs alone generate a non-trivial tradeoff between the benefit of coinsurance and the cost of risk contamination associated to ...
Albert Banal-Estañol, Marco Ottaviani
core  

Partisan Cities: How State‐Local Political Alignment Shapes Credit Risk and Information Processing in the Municipal Bond Market

Journal of Accounting Research, EarlyView.
ABSTRACT This paper studies how partisan alignment between city leaders and state governors shapes information processing and bond pricing in the municipal bond market. Using a novel data set on 1,045 U.S. cities from 2005 to 2019, we show that cities with the same political affiliation as the state governor face 9 basis points lower borrowing costs ...
RAMONA DAGOSTINO, ANYA NAKHMURINA
wiley   +1 more source

LA QUIEBRA SIN BIENES: UNA APROXIMACIÓN DESDE EL ANÁLISIS ECONÓMICO DEL DERECHO Bankruptcy with no assets: An approximation from the economic analysis of law

Ius et Praxis, 2011
El presente trabajo trata de la quiebra sin bienes, esto es, de aquellos juicios en donde hay inexistencia o insuficiencia del patrimonio del fallido para afrontar los costos que supone la quiebra. En ambos supuestos, no se justifica económicamente dicho
Raúl Núñez Ojeda, Nicolás Carrasco Delgado   +1 more
doaj  

Convertible Subordinated Debt Valuation and "Conversion in Distress" [PDF]

This paper presents new formulae for the valuation of convertible debt and shows how it can be rational for convertible holders to convert not only when the debtor's equity value increases, ut also when the debtor approaches distress. Even if debt cannot
Marco Realdon
core  

Misconduct complaints and agents’ incentives: Evidence from housing transactions

Real Estate Economics, EarlyView.
Abstract This article investigates the impact of misconduct complaints against agents on their self‐interested incentives and examines how agents attempt to shield themselves from the associated adverse effects on their reputations and career prospects.
Lawrence Kryzanowski, Yanting Wu
wiley   +1 more source

Socially excessive bankruptcy costs and the benefits of interest rate ceilings on loans [PDF]

The authors study the capital accumulation and welfare implications of ceilings on loan interest rates in a dynamic general equilibrium model. Binding ceilings on loan rates reduce the probability of bankruptcy.
Bruce D. Smith, Marco A. Espinosa-Vega
core