Results 151 to 160 of about 68,738 (219)

Pilot CEOs and Corporate Cash Holdings

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This study examines the effect of a personality trait exhibited by pilot chief executive officers (CEOs), that is, situation awareness, on corporate cash policies. Our results show that firms led by pilot CEOs are more likely to hold higher levels of cash for firms with higher growth opportunities and greater firm risks.
Lili Chen, Lingwei Li, Marvin Wee
wiley   +1 more source

Impact of Cable Structure on Distributed Fiber Optic Sensing

open access: yes
Cappelli G   +12 more
europepmc   +1 more source

From Public to Internal Capital Markets: The Effects of Affiliated IPOs on Group Firms

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT Using detailed corporate ownership data, we document the effects of group‐affiliated initial public offerings (IPOs) on other (unlisted) firms in the group. We find evidence of a persistent decrease in leverage (−6%) and increase in employment (+18%).
Simone Narizzano   +3 more
wiley   +1 more source

Can Politics Tame the Market? Market Responses to Government Control of Fully and Partially Privatized Firms in China

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This study examines factors influencing full (FP) versus partial (PP) privatization and how markets respond to government control in PP and FP firms. Exploiting China's 2005 NTS reform as a natural experiment, we find that treated PP firms experienced significantly lower post‐reform performance, driven by persistent private benefits of control,
Christos Mavrovitis (Mavis)   +1 more
wiley   +1 more source

Back From the Brink: State‐Guaranteed Loans and Financial Recovery

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This paper studies the financial trajectories of large firms that accessed a €200 billion state‐backed loan programme in Italy, part of broader interventions to contain corporate distress during the COVID‐19 crisis. Using firm‐level data from 2016 to 2023, we find that supported firms were initially more leveraged, less profitable and less ...
Emanuele Bajo   +2 more
wiley   +1 more source

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