Results 211 to 220 of about 225,766 (303)

Quality Regulation and Unexpected Gaming: Evidence From Mandating Flight Delay Compensation

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT Policies that target a single aspect of agents' motivation may lead to their diminished efforts in other areas. This paper examines the effect of the European Union's flight delay compensation policy on flight on‐time performance by exploiting a unique policy variation in a difference‐in‐differences framework.
Jingyi Xing
wiley   +1 more source

Healthcare debts in the United States: a silent fight. [PDF]

open access: yesAnn Med Surg (Lond)
Aborode AT   +14 more
europepmc   +1 more source

Import competition and stock price crash risk

open access: yesJournal of Financial Research, EarlyView.
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

Does legal protection of trade secrets reduce the cost of debt? Evidence from the inevitable disclosure doctrine

open access: yesJournal of Financial Research, EarlyView.
Abstract We examine the effect of the inevitable disclosure doctrine (IDD) on cost of debt. Our difference‐in‐differences analyses reveal that the IDD significantly reduces the loan spread for borrowers in adopting states. To elucidate the mechanisms of such finding, we find that the IDD's effect is weaker in industries with high management turnover ...
Haiyan Jiang   +2 more
wiley   +1 more source

Selling to buy: Asset sales, acquisition financing, and value creation

open access: yesJournal of Financial Research, EarlyView.
Abstract In line with increased liquidity offered by asset sales, our findings show that firms selling large assets prior to acquisitions are more likely to use cash as payment method. Additionally, we find that in subsequent cash acquisitions, firms using cash stemming from asset sales experience higher announcement abnormal returns compared to firms ...
Christos Mavrovitis (Mavis)   +2 more
wiley   +1 more source

Antimicrobial Resistance: An Emerging Global Threat to Modern Medicine. [PDF]

open access: yesCureus
Zavaleta-Monestel E   +3 more
europepmc   +1 more source

CEO‐employee pay ratio disclosure and dividend policy

open access: yesJournal of Financial Research, EarlyView.
Abstract We examine whether and how the magnitude of the CEO pay ratio affects dividend policy in the context of inequality‐averse investors. Our results demonstrate a positive association between the two and remain robust to endogeneity concerns. We find that the CEO pay ratios positively affect dividends irrespective of whether CEO compensation ...
Rajib Chowdhury, John A. Doukas
wiley   +1 more source

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