Results 51 to 60 of about 5,830,336 (226)

Valuing Stock Liquidity: Theory and Evidence From the Collapse of Lehman Brothers

International Journal of Finance &Economics, EarlyView.
ABSTRACT This study examines the cross‐sectional relationship between stock return and stock liquidity (both level and risk) for the period when there was a huge decline in market‐wide funding liquidity from the collapse of Lehman Brothers. We propose a global game model to analyse the decisions of short‐term traders around the time Lehman Brothers ...
Shu Feng, Lining Han, Chun‐Yu Ho, Yolanda Yulong Wang, Jiayi Zhong   +4 more
wiley   +1 more source

Overcoming Barriers and Solutions for Catalysing Private Capital in Climate Adaptation: A Stakeholder‐Informed Agenda for Hong Kong's Intermediary Role in Southeast Asia

Sustainable Development, EarlyView.
ABSTRACT This study investigates stakeholder perspectives on mobilising private‐sector finance for climate adaptation in Southeast Asia, emphasising Hong Kong's role as a financial intermediary. Through semi‐structured interviews with diverse stakeholders, including practitioners, policymakers, insurers, and project developers, we employed a grounded ...
Laurence L. Delina, Felice Janice Olivia Boedijanto, Sharon Feliza Ann P. Macagba, Johanne Rei R. Castro, Rainbow Yi Hung Lam   +4 more
wiley   +1 more source

Research on Financing Risk Factors of Expressway REITs in China with a Hybrid Approach

Systems, 2022
Finding sustainable measures for expressway financing has long been a significant issue owing to high demand for funds of expressway construction and maintenance of existing facilities.
Yimeng Song, Shengyue Hao
doaj   +1 more source

Recommendations to Reform the National Electricity Market (NEM)

Australian Journal of Agricultural and Resource Economics, EarlyView.
ABSTRACT Australia's National Electricity Market (NEM) was established in the late 1990s. The market is an energy only gross pool with zonal (state‐based) pricing. Over the past 15 years, the system has undergone a profound transformation as large coal‐fired power stations have retired and substantial volumes of large‐scale and embedded behind the ...
Tim Nelson, Paula Conboy, Ava Hancock, Phil Hirschhorn   +3 more
wiley   +1 more source

Alternative Contract Design: Analysing the Bankability of Fungible Derivative Contracts in Energy‐Only Markets

Australian Journal of Agricultural and Resource Economics, EarlyView.
ABSTRACT With the retirement of 21GW of legacy coal fleet looming, the task to replace Australia's thermal capacity with alternative firmed renewable ‘bulk energy’ solutions is non‐trivial. Indeed, calibrating necessary capital investment in new plant stock with efficient economic outcomes, vis‐à‐vis cost and reliability, represents a fundamental ...
Nicholas Gohdes, Tim Nelson, Phillip Hirschhorn   +2 more
wiley   +1 more source

Blockchain smart contracts for decentralized matching of counterparties and automatic settlement of financial derivatives

Blockchain: Research and Applications
Financial derivatives are widely recognized for their effectiveness in managing interest rate risk, demonstrating the principle of comparative advantage in finance.
Hua Wang, Jinjing Liu, Jian Zhao
doaj   +1 more source

L’Impatto sulle PD IFRS 9 della nuova definizione di default [PDF]

Risk Management Magazine, 2019
The application of the new default definition, included in the EBA guidelines GL/2016/07, will determine the revision of the lifetime and forward-looking components of the probability of default (PD) used in the context of the IFRS 9 accounting standard.
Maria Giovanna Zavallone, Francesco Merlo, Andrea Morciano   +2 more
doaj   +1 more source

CLAIMING SOCIAL HOUSING FUTURES: Value, Risk and the Temporal Politics of Income Strip Financing in London

International Journal of Urban and Regional Research, EarlyView.
Abstract Asset managers, private equity firms and other institutional investors have assumed an increasingly important role in the ownership and management of housing and infrastructure since the Global Financial Crisis. This article analyses how social housing in London is being transformed into a financial asset through an analysis of ‘income strip ...
Aretousa Bloom, Joe Penny
wiley   +1 more source

Geofinance and Fragmentation: Wholesale Central Bank Digital Currencies

Global Policy, EarlyView.
ABSTRACT Central bank digital currencies (CBDCs), especially wholesale ones, were initially hailed as tools for frictionless global financial flows. Paradoxically, however, they are contributing to the fragmentation of the international financial system through the emergence of minilateral blocs of ‘friendly’ jurisdictions that have established, or ...
Lucia Quaglia, Amy Verdun
wiley   +1 more source

CREDIT DEFAULT SWAPS IN THE MECHANISM OF REDISTRIBUTION OF CREDIT RISK

Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка, 2015
In the article the economic nature and the functioning of CDS in terms of efficient redistribution of credit risk. The features of the dynamics of the nominal volume of the world market CDS, the gross market value and net market value of the CDS.
O. Solodka
doaj   +1 more source