Determinant factors of Chief Data Officer adoption in government: A topic model and structural equation modelling approach. [PDF]
Zhang H, Ding H, Xiao J.
europepmc +1 more source
How to Eliminate Pyramidal Business Groups: The Double Taxation of Inter-corporate Dividends and other Incisive Uses of Tax Policy [PDF]
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
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]
Bloom DE, Kuhn M, Prettner K.
europepmc +1 more source
Inefficient Frontiers: Industry‐Specific Anomalies in Frontier Markets
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
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
TARFA: A Novel Approach to Targeted Accounting Range Factor Analysis for Asset Allocation. [PDF]
de Leon JJ, Medda F.
europepmc +1 more source
The Influence of Climate Initiatives on Capital Structure: The Green Halo Effect
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
Beyond the Access Site: Redefining Intraprocedural Imaging for Tricuspid TEER With Transjugular ICE. [PDF]
Ohno Y, Noda S, Murakami T.
europepmc +1 more source
International Evidence on the Relationship Between Financial Literacy and Corporate Cash Holdings
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

