Results 221 to 230 of about 142,959 (307)

How Does Credit Information Sharing Shape the Cyclicality of Bank Liquidity Creation?

open access: yesFinancial Review, EarlyView.
ABSTRACT We investigate the effect of credit information sharing in the banking sector on the fluctuations of bank liquidity creation over the business cycle. Using the Berger and Bouwman comprehensive measure of bank liquidity creation and data representing 354 banks from 40 developing countries between 2012 and 2020, we find that on‐ and off‐balance ...
Jeffrey Ighedosa   +2 more
wiley   +1 more source

Debt Ceilings With Fiscal Intransparency and Imperfect Electoral Accountability

open access: yesInternational Economic Review, EarlyView.
ABSTRACT We study optimal debt ceilings in a political‐agency model with uncertainty about both policymaker type (benevolent or selfish) and economic state (good or bad). Elections generate disciplining and selection effects that differ across pooling, hybrid, and separating equilibria induced by different ceilings.
Randolph Sloof   +2 more
wiley   +1 more source

Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists

open access: yesInternational Economic Review, EarlyView.
ABSTRACT Motivated by the substantial growth and upfront investments of venture capital (VC)‐backed firms observed in administrative US Census data, this study develops a life‐cycle firm dynamics model. In the model, startups choose the source of financing from VC, angel investors, or banks, depending on their growth potential, and invest in innovation.
Yoshiki Ando
wiley   +1 more source

Family Firms and Audit Effort: An Empirical Examination of Audit Hours per Auditor Rank

open access: yesInternational Journal of Auditing, EarlyView.
ABSTRACT This study examines how audit effort varies across auditor ranks in response to family firm ownership. Prior research suggests that family firms typically face lower information asymmetry between shareholders and managers, leading to reduced audit fees and effort.
Jagadison K. Aier   +3 more
wiley   +1 more source

Impact of macroeconomic indicators and regime change on debt stress in Zambia. [PDF]

open access: yesPLoS One
Phiri J   +5 more
europepmc   +1 more source

Linkage Between Electoral Cycle and the Discouragement of African Firms in the Credit Market

open access: yesInternational Finance, EarlyView.
ABSTRACT This article analyzes the linkage between the electoral cycle and the discouragement of SMEs in the credit market of 14 African countries. It focuses on 12,145 firms over the period 2006–2020. The results obtained from Probit estimates show elections are negatively linked with the discouragement of firms in the credit market.
Cherif Abdramane, Simplice A. Asongu
wiley   +1 more source

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