Brand Equity and Debt Diversification
ABSTRACT This study examines how brand equity influences the diversity of firms’ debt structures. We propose that brand equity, by signaling larger and more stable future cash flows and greater product market awareness, alters the fundamental trade‐offs that drive optimal debt type diversity.
David C. Mauer +2 more
wiley +1 more source
Digitalized suicide risk assessment in emergency psychiatry services. [PDF]
Duica L +5 more
europepmc +1 more source
Shareholder Activism: Affliction for Incumbent CEOs?
ABSTRACT We study how shareholder activism shapes CEO careers by distinguishing between two competing hypotheses: discipline and reallocation. Employing a control function approach with expected mutual fund fire sales and purchases as exclusion restrictions, we analyze 3799 US campaigns from 2006 to 2018.
Jana P. Fidrmuc +2 more
wiley +1 more source
Forecasting auditor's going concern opinion using with hybrid robust machine learning model. [PDF]
Ejder U, Yaşar A.
europepmc +1 more source
Dual‐Class Firms and Voluntary Disclosure of Earnings Guidance
ABSTRACT This paper shows that dual‐class firms issue more quarterly management earnings guidance, particularly when the guidance contains negative news. This effect is driven by the fact that insiders in dual‐class firms maintain sufficient control to be isolated from market pressure and disciplinary outcomes following disclosure.
Arash Dayani
wiley +1 more source
Advancing financial resilience: A systematic review of default prediction models and future directions in credit risk management. [PDF]
Alvi J, Arif I, Nizam K.
europepmc +1 more source
Control Overhang and Owner Financial Constraints: Evidence From Equity Issuance
ABSTRACT Under the debt overhang problem, firms approaching distress issue too little equity because new capital primarily benefits creditors. We identify an additional mechanism—control overhang—that further suppresses equity issuance for firms with controlling owners. As distress risk rises, equity issuance discounts steepen, and each unit of capital
Jens Forssbæck +2 more
wiley +1 more source
The Subtle Crisis: Public Domain Genomes and the Ethics of Translational Infrastructure. [PDF]
LoTempio JE.
europepmc +1 more source
Residual Income Valuation and Stock Returns: Evidence From a Value‐to‐Price Investment Strategy*
ABSTRACT This paper contributes to the accounting and asset pricing anomalies literature by investigating the performance of value‐to‐price (V/P) strategies, and the relationship between V/P ratio and various risk proxies. If the V/P ratio successfully predicts future returns at stock level, we hypothesize that portfolios based on the V/P ratio ...
Ahmad Haboub +2 more
wiley +1 more source
Rethinking financial distress in public healthcare: evidence from Greek hospitals' governance attributes. [PDF]
Karakolias S.
europepmc +1 more source

