Does National Culture Drive the Value Relevance of Nonfinancial Disclosure?
ABSTRACT The aim of this paper is to investigate the association between national culture and the value relevance of nonfinancial disclosure provided by listed firms in Germany, Spain, France, and Italy from 2018 to 2023. The results of Hierarchical Linear Model regressions show that, in countries where the national culture is characterized by greater ...
Raffaela Casciello+2 more
wiley +1 more source
Constructing Government Time Series Debts and Estimating of the Optimal Ratio of Government Debt to Gross Domestic Product and Financial Space in Iran Economy [PDF]
Lack of reliable statistics relating to government debts in Iran's economy, not only has it influenced on the optimal management of resources and debt, but it has been one of the most important factors affecting the lack of theoretical and experimental ...
Seyed Hadi Mousavinik+1 more
doaj
A Stochastic Model of Optimal Debt Management and Bankruptcy [PDF]
A problem of optimal debt management is modeled as a noncooperative game between a borrower and a pool of lenders, in infinite time horizon with exponential discount. The yearly income of the borrower is governed by a stochastic process. When the debt-to-income ratio $x(t)$ reaches a given size $x^*$, bankruptcy instantly occurs.
arxiv
Analisis Pengaruh Current Ratio, Debt to Equity Ratio, Dan Return on Asset Terhadap Return Saham Pada Perusahaan Pertambangan Di Bursa Efek Indonesia [PDF]
This study aimed to analyze the influence of Current Ratio, Debt to Equity Ratio and Return On Asset on stock returns simultaneously and partially. Objects of research are amining companies listed on the Indonesia Stock Exchange. Data used to analysis is
Erari, A. (Anita)
core
ABSTRACT This study investigates the governance drivers of a firm's eco‐efficiency. We measure eco‐efficiency using data envelopment analysis (DEA), emphasizing efficiency measures aimed at minimizing inputs and ensuring constant returns to scale (CRS model).
Pasquale Latella+5 more
wiley +1 more source
Inventory growth cycles with debt-financed investment [PDF]
We propose a continuous-time stock-flow consistent model for inventory dynamics in an economy with firms, banks, and households. On the supply side, firms decide on production based on adaptive expectations for sales demand and a desired level of inventories.
arxiv
Public Debt and Economic Growth in Italy [PDF]
In this paper we investigate the link between government debt-to-GDP ratio and real per capita income growth in Italy over 1861-2009. We model our regression analysis on a standard production function.
Angelo Pace+2 more
core
Environmental Violation and Cost of Equity Capital—Evidence From Europe
ABSTRACT We examine the association between environmental violations and the cost of equity capital. We posit that firms that breach environmental compliance introduce firm‐specific risks and, consequently, elevate the costs associated with equity capital.
Md. Borhan Uddin Bhuiyan, Yimei Man
wiley +1 more source
Suratno1, Syahril Djaddang2, Imam Ghozali3
The purpose of this study was to analyze the effect of interest earned time and business risk effect on debt to equity ratio and to determine the role of non-debt tax shields moderate the relationship between time interests earned and business risk on ...
- Suratno+2 more
doaj
Does National Innovation Layout Spur Eco‐Innovation? The Upper Echelon's Role
ABSTRACT Numerous studies have examined whether financial and governance characteristics within firms promote eco‐innovation. However, the influence of institutional contexts on eco‐innovation, which is crucial for shaping effective policy and establishing key conditions, has not been adequately explored.
Ali Meftah Gerged+3 more
wiley +1 more source