Results 241 to 250 of about 251,590 (297)

Board Independence and Adjustment Speed of CEO Inside Debt

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We find that firms with more independent directors adjust CEO inside debt towards an optimum more quickly. This effect is more pronounced in financially unconstrained, growth, and under‐levered firms, and also firms led by more powerful or overconfident CEOs.
Bonnie Buchanan, Shuhui Wang, Tina Yang
wiley   +1 more source

The Liquidity Sprint: Short‐Term Cash Needs and Access to Credit

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We identify the causal drivers of the COVID‐19 ‘dash‐for‐cash’ in Europe using a hand‐collected panel of Euro‐area firms (2018‐Q4–2020‐Q3). Exploiting regional infection intensity as an instrument, we find that a one‐unit EBITDA decline raised credit‐line utilization by 15.5 percentage points in 2020‐Q2. Unlike the US ‘fallen‐angel’ narrative,
Mario Cerrato   +2 more
wiley   +1 more source

Assessing Federal Policies to Reduce Economic Barriers to Clinical Trial Enrollment. [PDF]

open access: yesJ Law Med Ethics
Albert-Rozenberg D   +4 more
europepmc   +1 more source

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