Results 171 to 180 of about 39,840 (302)

How to Eliminate Pyramidal Business Groups: The Double Taxation of Inter-corporate Dividends and other Incisive Uses of Tax Policy [PDF]

open access: yes
Arguments for eliminating the double taxation of dividends apply only to dividends paid by corporations to individuals. The double (and multiple) taxation of dividends paid by one firm to another - intercorporate dividends - was explicitly included in ...
Morck, Randall
core  

The Impact of Monetary Policy Shocks on Stock Price Crash Risk

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT This study examines the impact of monetary policy shocks (MPS) on future stock price crash risk (SPCR), using a sample of US firms from 1995 to 2019. We find that expansionary MPS significantly reduce the likelihood of SPCR, while contractionary MPS show no statistically significant effect on SPCR. These results remain robust after controlling
Shunshun Xu, Haifeng Guo, Yeqin Zeng
wiley   +1 more source

Population changes and demographic dividends. [PDF]

open access: yesBull World Health Organ
Bloom DE, Kuhn M, Prettner K.
europepmc   +1 more source

Inefficient Frontiers: Industry‐Specific Anomalies in Frontier Markets

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT In this study we identify low‐risk anomalies affiliated with industry in frontier markets, offering valuable insights for fund managers and investors managing an internationally diversified portfolio. Utilising a two‐beta model—incorporating both market and industry betas—we reveal a distinct low‐beta anomaly with a monthly magnitude of 2.13 ...
Alya Hourani   +3 more
wiley   +1 more source

Industry Signals and the Dynamics of Stock Market Predictability

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT We investigate whether industry portfolios contain information that forecasts aggregate stock market returns. Earlier research reports evidence of their usefulness as predictors, yet later studies find weaker and unstable effects. Using updated U.S.
Michael Ellington   +2 more
wiley   +1 more source

The Influence of Climate Initiatives on Capital Structure: The Green Halo Effect

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT This paper examines the impact of participation in three climate initiatives—Science Based Targets initiative (SBTi), Carbon Disclosure Project (CDP) and Net Zero Banking Alliance (NZBA)—on the capital structure of financial institutions.
Daniel Ramos‐García   +2 more
wiley   +1 more source

International Evidence on the Relationship Between Financial Literacy and Corporate Cash Holdings

open access: yesJournal of Corporate Accounting &Finance, EarlyView.
ABSTRACT This study is the first investigation of the relationship between corporate cash holdings and financial literacy (FL). We find that a one‐standard‐deviation increase in FL is associated with an 8%–27% reduction in corporate cash holdings, depending on the measure of FL used.
Kenneth Yung   +3 more
wiley   +1 more source

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