Cash Management and Bank practice [PDF]
One of the major components of banking is commercial banking and innovation of its products. Banks in an effort to retain significant clients create new sophisticated banking products that safeguard the bank even at the cost of lower profits - if these ...
Krajíček Jan, Vlach Jarmil
core
Institutional investors in Germany : insurance companies and investment funds [PDF]
This chapter focuses on institutional investors in the German financial markets. Institutional investors are specialized financial intermediaries who collect and manage funds on behalf of small investors toward specific objectives in terms of risk ...
Maurer, Raimond
core +1 more source
Limited liability in business groups [PDF]
We consider a model in which a holding company has to decide whether to finance an investment project in a subsidiary. The project can be financed either through internal capital or through debt.
Ropero Moriones, Eva
core +2 more sources
The ride-sharing trend is booming because of modern technologies and plays a significant role in transitioning to sustainable transportation methods. This study utilizes a comprehensive dataset collected from an online survey administered to over 1300 ...
Md. Abdus Shabur, Md. Farhad Ali
doaj +1 more source
Innovation, endogenous overinvestment, and incentive pay [PDF]
We analyze how two key managerial tasks interact: that of growing the business through creating new investment opportunities and that of providing accurate information about these opportunities in the corporate budgeting process.
Inderst, Roman, Klein, Manuel
core
Determinants of Insurers’ Performance in Risk Pooling, Risk Management, and Financial Intermediation Activities [PDF]
Corporate finance theory predicts that firms’ characteristics affect agency costs and hence their efficiency. Cummins et al (2006) have proposed a cost function specification that measures separately insurer efficiency in handling risk pooling, risk ...
Abdelhakim Nouira +2 more
core +3 more sources
Strategic Liquidity Supply and Security Design [PDF]
We study how securities and trading mechanisms can be designed to optimally mitigate the adverse impact of market imperfections on liquidity. Asset owners seek to obtain liquidity by selling their claims on future cash-flows, on which they have private ...
Bruno Biais, Thomas Mariotti
core
Non-hierarchical signalling: two-stage financing game [PDF]
The literature analyzing games where some players have private information about their "types" is usually based on the duality of "good" and "bad" types (GB approach), where "good" type denotes the type with better quality.
Miglo, Anton, Zenkevich, Nikolay
core +1 more source
Renegotiation-Proof Contracts with Moral Hazard and Persistent Private Information [PDF]
How does renegotiation affect contracts between a principal and an agent subject to persistent private information and moral hazard? This paper introduces a concept of renegotiation-proofness, which adapts to stochastic games the concepts of weak ...
Bruno Strulovici
core
NEW GENERATION CO-OPERATIVES (NGC) AS A MODEL FOR VALUE-ADDED AGRICULTURAL PROCESSING IN ALBERTA: APPLICATIONS TO FACTORS AFFECTING CHOICE OF PRICING AND PAYMENT PRACTICES BY TRADITIONAL MARKETING AND NEW GENERATION CO-OPERATIVES [PDF]
This study examines the factors affecting choice of pricing and payment practices by traditional marketing and new generation co-operatives for commodities delivered by their members.
Gurung, Rajendra Kumar +1 more
core +1 more source

