Trade Exposure and the Decline in Collective Bargaining: Evidence From Germany
ABSTRACT We analyze how rising trade exposure from China and Eastern Europe affected collective bargaining coverage in German plants from 1996 to 2008. Using cross‐industry variation in trade exposure and instrumenting with trade flows from other high‐income countries, we find that higher import exposure increased the likelihood that plants exited ...
Daniel Baumgarten, Sybille Lehwald
wiley +1 more source
Abstract The early identification and accurate evaluation of financially distressed companies by commercial courts is crucial for maintaining a healthy economic fabric. This enables timely support for struggling companies with recovery potential while also facilitating the swift winding up of those unlikely to recover.
Stijn Van Ruymbeke +3 more
wiley +1 more source
LTR-Net: A deep learning-based approach for financial data prediction and risk evaluation in enterprises. [PDF]
Liu S.
europepmc +1 more source
Bankruptcy Experience and Corporate Hedging
ABSTRACT We examine whether managers’ prior exposure to corporate bankruptcy shapes corporate risk‐management policies. Using detailed executive employment histories and hand‐collected derivative disclosures for a large sample of US public firms, we find that firms led by bankruptcy‐experienced (BE) CEOs are more likely to use cash‐flow hedges and ...
Taoran Guo, Abe de Jong, Lubna Rahman
wiley +1 more source
Voluntary disclosure, banking stability, and AI-augmented forensic accounting: an exploratory econometric and machine-learning study of Palestinian banks. [PDF]
Razia BS +4 more
europepmc +1 more source
To Acquire or to Ally? Foreign Competition and Firm Boundary
ABSTRACT This study examines how foreign competition influences firms’ external growth strategies. Exploiting staggered US import tariff reductions as a quasi‐natural experiment, we find that heightened competition leads firms to expand their use of strategic alliances.
Hanwen Sun +3 more
wiley +1 more source
Antibiotic Resistance and the Return to a Pre-Antibiotic Era: A Critical Narrative Review of a Global Catastrophe. [PDF]
Prakash S +5 more
europepmc +1 more source
Silicon Formalism: Rules, Standards, and Judge AI
ABSTRACT This paper replicates a judicial experiment originally conducted on 61 U.S. federal judges, this time with GPT‐5 as the decision‐maker. The experiment involves a choice‐of‐law dispute in a hypothetical automobile accident case, where three variables are manipulated: (1) whether the applicable doctrine is a rule or a standard, (2) whether the ...
Eric A. Posner, Shivam Saran
wiley +1 more source
Unravelling trends, patterns and intellectual structure of research on bankruptcy in SMEs: A bibliometric assessment and visualisation. [PDF]
Rashid U +4 more
europepmc +1 more source
When attentive insider trading matters: Evidence from government investment
Abstract We examine whether insiders can exploit public information to increase their trading profitability. By exploiting, as a quasi‐natural experiment, the Bipartisan Infrastructure Law (BIL), announced in the U.S. in March 2021 and implemented in November 2021, we provide evidence that insiders earn higher profits when government investment plans ...
Dimitris Petmezas +3 more
wiley +1 more source

