Results 181 to 190 of about 842,343 (263)

Sectoral Adaptation and Strategic Resilience: The Impact of Sanctions on Russian Corporate Performance (2014–2021)

open access: yesEconomics of Transition and Institutional Change, EarlyView.
ABSTRACT We examine the sectoral impact of Western sanctions on Russian corporate performance from 2014 to 2021 using a panel of listed nonfinancial firms. Applying continuous‐time heterogeneous treatment models and difference‐in‐differences estimators, we document persistent divergence across sectors: The energy sector exhibits sustained ...
Eugene Nivorozhkin
wiley   +1 more source

Impact of Cable Structure on Distributed Fiber Optic Sensing

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

Goodbye connections, hello Bagehot: democratization, lender of last resort independence and bank failures in Spain in 1931

open access: yesThe Economic History Review, EarlyView.
Abstract Did democratization reduce the likelihood of politically connected bank bailouts in the past? What role did private central banks play as independent lenders of last resort? To answer these questions, this article provides new detailed archival evidence on the causes of bank failures in Spain in July 1931.
Enrique Jorge‐Sotelo
wiley   +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

Stock Market Response to Private Corruption: The Moderation Role of Public Perceptions

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This study examines how corporate corruption events affect stock returns among European firms, focusing on the moderating role of public sector corruption perceptions measured by the Corruption Perceptions Index (CPI). Using over 25,000 firm‐level events from 2007 to 2022, the study finds that corruption events lead to negative abnormal ...
Marta Alonso   +3 more
wiley   +1 more source

Home - About - Disclaimer - Privacy