Government Solvency, Austerity and Fiscal Consolidation in the OECD: A Keynesian Appraisal of Transversality and No Ponzi Game Conditions [PDF]
arXiv, 2013 This paper investigates the relevance of the No-Ponzi game condition for public debt (i.e. the public debt growth rate has to be lower than the real interest rate, a necessary assumption for Ricardian equivalence) and of the transversality condition for the GDP growth rate (i.e. the GDP growth rate has to be lower than the real interest rate).
arxiv
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines the impact of executive compensation (EC) and corporate circular economy performance incentives (CCEPI) on corporate circular economy initiatives (CCEI) and corporate circular economy performance (CCEP) by integrating legitimacy theory and the resource‐based view.
Emmanuel A. Morrison +2 more
wiley +1 more source
The European debt crisis: Defaults and market equilibrium [PDF]
arXiv, 2012 During the last two years, Europe has been facing a debt crisis, and Greece has been at its center. In response to the crisis, drastic actions have been taken, including the halving of Greek debt. Policy makers acted because interest rates for sovereign debt increased dramatically.
arxiv
Debt, Deficits and Inflation: An Application to the Public Finances of India [PDF]
The paper studies the solvency of the Indian public sector and the eventual monetization and inflation implied by stabilization of the debt-GNP ratio without any changes in the primary deficit.
Urjit R. Patel, Willem H. Buiter
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Corporate Climate Risk and Membership of Emission Trading Schemes
Business Strategy and the Environment, EarlyView.ABSTRACT Using a sample of 5364 firms from 65 countries, we demonstrate that membership in the scheme increases firm climate risk. Further analysis reveals that the positive impact of membership on climate risk is pronounced among firms in carbon‐intensive industries. Our findings demonstrate that continental differences and legal origin could moderate
Gbenga Adamolekun +4 more
wiley +1 more source
The Consequences of Banking Crises for Public Debt [PDF]
The aim of this paper is to assess the consequences of banking crises for public debt. Using an unbalanced panel of 154 countries from 1980 to 2006, the paper shows that banking crises are associated with a significant and long- lasting increase in ...
Aleksandra Zdzienicka-Durand +1 more
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Business Strategy and the Environment, EarlyView.ABSTRACT This study intends to bridge an important research gap in the existing literature by extending academic knowledge on the relationship between national cultural dimensions and corporate environmental, social and governance (ESG) disclosure practices via social media.
Giuseppe Nicolo +2 more
wiley +1 more source
Determinants of Corporate Financial Factors on Tax Reporting Strategy
International Journal of Economics and Financial Issues, 2017 The primary objective of present study is to analyze the effects of financial factors on financial and tax reporting decisions. The statistical population of present study includes all companies listed in Tehran Stock Exchange out of which 438 companies
Hashem Valipour +2 more
doaj +4 more sources
The impact of high and growing government debt on economic growth: an empirical investigation for the euro area [PDF]
This paper investigates the average impact of government debt on per-capita GDP growth in twelve euro area countries over a period of about 40 years starting in 1970.
Checherita-Westphal, Cristina +1 more
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Pengaruh Current Ratio (Cr), Debt To Equity Ratio (Der), Return On Assets (Roa), dan Return On Equity (Roe) terhadap Harga Saham (Studi pada Perusahaan Sub Sektor Telekomunikasi yang Terdaftar di Bursa Efek Indonesia Periode 2013-2016) [PDF]
, 2017 Telecommunication that researcher works at consists of 4 companies. In the last four years, the average price of sub sector of telecommunication shares in the period 2013-2016 has increased but if we look at the stock price obtained by each company, we ...
EP, A. (Apriatni) +1 more
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