Results 51 to 60 of about 3,940 (312)

Sovereign debt restructuring and growth

Oxford Economic Papers, 2016
Abstract This paper studies the relation between sovereign debt restructurings with external private creditors and growth during the period 1970–2010. We find that, while growth generally declines in the aftermath of a sovereign debt restructuring, agreements that allow countries to exit a default spell (final restructurings) are ...
Lorenzo Forni, Geremia Palomba, Joana Pereira, Christine Richmond   +3 more
openaire   +2 more sources

How Changing Narratives About the Future Shape Policymaking for the Long Term

European Policy Analysis, EarlyView.
ABSTRACT How can we explain decisions by governments to engage in policy investments—accepting short‐term costs in return for anticipated gains in the longer term—after previously sustaining the status quo? Our article examines the role of narratives in changing expectations about the future as a key driver of intertemporal policymaking. In light of an
Pieter Tuytens, Charlotte Haberstroh
wiley   +1 more source

Restructurarea datoriei suverane în Uniunea Europeană: Rolul Collective Action Clauses în combaterea Vulture Funds/ Sovereign Debt Restructuring in the European Union: The Role of Collective Action Clauses in Combatting Vulture Funds [PDF]

Analele Ştiinţifice ale Universităţii "Al.I. Cuza" din Iaşi. Ştiinţe Juridice
The Greek sovereign debt crisis revealed the weaknesses of the European financial structure when faced with the pressures exerted by vulture funds. These funds refused to participate in the debt restructuring, relying on the protection offered by the ...
Alexandru CHISTRUGA
doaj   +1 more source

Scaling With Bias? The Role of Founders' HR Knowledge and Experience in Hiring and Managerial Appointments

Human Resource Management, EarlyView.
ABSTRACT New ventures are expected to continuously add new jobs and managerial positions to meet the expanding demands of scaling. However, the rapid pace and inherent uncertainty of scaling often lead founders of new ventures to rely on heuristics when making these critical hiring and managerial appointment decisions.
Mohamed Genedy, Lucia Naldi, Karin Hellerstedt, Johan Wiklund   +3 more
wiley   +1 more source

SOVEREIGN DEBT RESTRUCTURING AND “VULTURE FUNDS” [PDF]

Challenges of the Knowledge Society, 2016
Defining sovereign debt - debt issued or guaranteed by a public entity: central and / or regional public authorities, central banks, public institutions or enterprises - must include the risks that its management may generate, mainly the risk of default.
Emilia Cornelia STOICA
doaj  

Major Cybersecurity Breaches: Shaping Corporate Cybersecurity Policies and Closing the Gaps

Journal of Corporate Accounting &Finance, EarlyView.
ABSTRACT As digitalization accelerates, cybercrime has intensified in both scale and impact over the past two decades. This study aims to critically examine major cybersecurity events, assess them through the lens of routine activity theory, examine insight from three other established criminological and organizational theories, and address central ...
Laura K. Rickett, Deborah Smith
wiley   +1 more source

Is It a Matter of Visibility Over Viability? CEO Narcissism and the Strategic Trade‐Off in Corporate Diversification

Strategic Change, EarlyView.
ABSTRACT This study examines how CEO narcissism shapes corporate diversification strategies, addressing gaps in upper echelon and agency theories. Using a sample of 388 CEOs across 319 firms, we find that narcissistic CEOs drive higher levels of overall corporate diversification but exhibit a strategic trade‐off: they strongly favor unrelated ...
Naima Lassoued, Imen Khanchel
wiley   +1 more source

Beneficial Delays in Debt Restructuring Negotiations [PDF]

IMF Working Papers, 2008
Delays in debt restructuring negotiations are widely regarded as inefficient. This paper argues that delays can allow the economy to recover from a crisis, make more resources available for debt settlement, and enable the negotiating parties to enjoy a larger "cake". Within this context, therefore, delays may be "beneficial".
openaire   +3 more sources

Leader Succession and Strategic Change: The Role of Leader's Subgroups Size

Strategic Change, EarlyView.
ABSTRACT Research suggests that new CEO successors drive strategic change through the subgroup of their immediate collaborators. However, it remains unclear how this subgroup is configured. In this research, we address this limitation by introducing a new concept of “CEO's subgroup size” (the number of TMT members in the CEO's subgroup).
Yue Zhang, Oluremi B. Ayoko
wiley   +1 more source

Debt conversion in principle and practice

PSL Quarterly Review, 2013
There is increasing interest in the restructuring of the international debt of developing countries by converting the debt into equity. Such schemes have recently been introduced in a number of countries, mainly in South America, although their impact ...
G. BIRD
doaj   +1 more source