Results 211 to 220 of about 142,959 (307)

Stock Market Response to Private Corruption: The Moderation Role of Public Perceptions

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This study examines how corporate corruption events affect stock returns among European firms, focusing on the moderating role of public sector corruption perceptions measured by the Corruption Perceptions Index (CPI). Using over 25,000 firm‐level events from 2007 to 2022, the study finds that corruption events lead to negative abnormal ...
Marta Alonso   +3 more
wiley   +1 more source

Two Dimensions of Financial Openness: Gross and Net Effects on Financial Development in the European Union

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We examine how financial openness (FO) affects financial development in EU countries, distinguishing its size and quality. Gross financial openness, measured by foreign assets and liabilities, reflects international integration and shows an inverted U‐shaped link with development: intermediate levels of openness enhances efficiency, but ...
Hyun‐Jung Nam, Doojin Ryu
wiley   +1 more source

The Impact of Climate Risks on Corporate Debt Financing

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT As global resource demands and climate pressures grow, companies face the dual challenge of sustainability and environmental responsibility. Using panel data from U.S. publicly listed firms (2014–2022) and a text‐based proxy for climate risks, this study explores the impact of just transition climate risks on corporate debt financing.
Xiaowei Ma   +3 more
wiley   +1 more source

Can Central Bank Digital Currencies Promote the Internationalization of Currencies?

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT Using multinational data (2000–2023), this study employed system GMM and fixed‐effects models to examine CBDC's impact on currency internationalization through a framework measuring ‘market acceptance’ and ‘policy drive.’ The results indicated that CBDC advancement significantly promotes currency internationalization.
Haodong Gu
wiley   +1 more source

Geopolitical Risk and Domestic Bank Deposits

open access: yesFinancial Management, EarlyView.
ABSTRACT We investigate the relationship between global geopolitical risk and bank deposit flows across a wide panel of European countries. Motivated by the pivotal role of deposit stability for financial intermediation and systemic resilience, we explore whether geopolitical shocks alter depositors’ portfolio choices.
Dimitris Anastasiou   +3 more
wiley   +1 more source

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