Results 61 to 70 of about 1,197,347 (222)

How Regulatory Costs Impede Financial Technology Gains

European Financial Management, EarlyView.
ABSTRACT While financial technology innovation lowers intermediation costs, regulatory frictions may prevent these gains from reaching long‐term investors and borrowers. Using variation in retail investor participation driven by state securities registration lapses in peer‐to‐peer lending, we demonstrate that regulatory frictions are associated with ...
Shyam Venkatesan, Brian Wolfe, Woongsun Yoo   +2 more
wiley   +1 more source

Employment Protection and Bank Dividends: Evidence From Wrongful Discharge Laws

European Financial Management, EarlyView.
ABSTRACT Using the staggered adoption of the good faith exception to U.S. wrongful discharge laws, we examine the causal effect of employment protection and firing costs on bank dividend payouts. We find stronger employment protection significantly reduces dividends, with good faith adoption lowering payouts by 7% relative to the mean. In line with the
Alessio Bongiovanni, Joshua Cave
wiley   +1 more source

Risk Perceptions and Corporate Financing Behavior

Financial Management, EarlyView.
ABSTRACT Using a recently developed measure of financial market risk perceptions, we show that risk perceptions affect firm‐level corporate financing behavior. Firms tend to adjust their capital structures to cater to investors' appetite for risk. When perceived risks are low, firms tend to choose more leveraged capital structures to take advantage of ...
Youngmin Choi, Armen Hovakimian, Joonsung Won   +2 more
wiley   +1 more source

Supply chain coordination with buyback contract considering loss aversion

, 2020
: In this paper, we study the buyback contract of a supply chain system including a supplier and a loss-averse retailer. The buyback contract was divided into the credit for all unsold goods and the credit for a partial return of goods.
Guangxing Wei, Xin Deng
core  

Managing Perishability in Omnichannel Retailing: A Case Study of the Yarn Production Industry

Modelling and Simulation in Engineering
This study investigates supply chain coordination for high-tenacity polyethylene terephthalate industrial yarns in omnichannel retailing environments, with a focus on the reserve online, pick-up in store (ROPS) strategy. A novel buyback and online profit-
Abolfazl Dehghan, Mohammad Bagher Fakhrzad   +1 more
doaj   +1 more source

Unveiling Synergy Gains in Divestitures Using Options Market Information1

Journal of Business Finance &Accounting, EarlyView.
ABSTRACT We use stock and options information to decompose and provide a practical measure of the market's beliefs about the different sources of value creation from divestitures. We find that divestitures generate economically significant synergy gains that exceed $1 billion for both acquirers and sellers.
Vinay Patel, David Michayluk, Anirudh Dhawan   +2 more
wiley   +1 more source

Sequential License Buyback Auctions: An Experimental Analysis [PDF]

Fisheries managers use licenses as a method of capping the size of a fishing industry, but as management goals change and the size of fishery stocks fluctuate, managers may be faced with the decision to buy back licenses.
Freeman, Matthew A., Woodward, Richard T.   +1 more
core  

When attentive insider trading matters: Evidence from government investment

Journal of Financial Research, EarlyView.
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, Etienne Redor, Shaoyi Wang, Nan Xiong   +3 more
wiley   +1 more source

Research on pricing coordination strategy of closed-loop supply chain based on recycling quality grading under government participation

Alexandria Engineering Journal
A closed-loop supply chain model incorporating government involvement has been developed to optimize the utilization of waste products, quantifying the quality level of such products.
Xin Li, Ya Wang, Yuyang Fu
doaj   +1 more source

The Evolution of Interest‐Rate Models: From the Yield Curve to the Swaption Cube

Journal of Economic Surveys, EarlyView.
ABSTRACT Interest‐rate modelling is often taught as a catalogue of competing stochastic equations, obscuring why models were created and why modern sell‐side desks use several simultaneously. This survey reorganises the field around five layers of a pricing architecture: curve construction; arbitrage‐free dynamics; volatility‐smile representation ...
Xuan Feng, Salman Huseynov, Diomides Mavroyiannis   +2 more
wiley   +1 more source