Results 71 to 80 of about 635 (206)
Accounting &Finance, EarlyView.ABSTRACT This study investigates the relationship between gender diversity in senior corporate positions and environmental, social and governance (ESG) initiatives, alongside their impact on corporate financial performance across European Union companies.
Paolo Saona, Laura Muro
wiley +1 more source
The capitalization of operating leases: Analysis of the impact on the IBEX 35 companies
Intangible Capital, 2018 Purpose: This paper analyzes the consequences of the change in the accounting rules about operating leases in the companies and users of financial information.
Francisca Pardo, Begoña Giner
doaj +1 more source
Accounting &Finance, EarlyView.ABSTRACT The study examines whether and how Chief Executive Officer (CEO) tenure and gender diversity influence the quality of carbon reporting (QCR), an increasingly significant dimension of non‐financial reporting in the era of climate change risk.
Muhammad Nurul Houqe +2 more
wiley +1 more source
Economics &Politics, EarlyView.ABSTRACT We examine how state ownership and CEO financial incentives jointly condition the market valuation of acquisition‐related leverage adjustments in 2251 completed M&A deals by Chinese A‐share listed acquirers (2013–2023). Acquirers draw on spare financing capacity at deal completion, with larger leverage increases among underleveraged firms.
Chun I. Lin +3 more
wiley +1 more source
From Regression to Reasoning: Predicting M&A Announcement Returns With Large Language Models
European Financial Management, EarlyView.ABSTRACT This study investigates whether large language models (LLMs) can predict short‐term market reactions to M&A announcements. We prompt OpenAI's latest reasoning models (o3, GPT‐5, and GPT‐5.1) to forecast whether the combined market value of acquirer and target will increase or decrease, drawing on deal‐, firm‐, and macroeconomic data for large ...
Maximilian Schreiter +2 more
wiley +1 more source
Проблеми сучасних трансформацій. Серія: економіка та управлінняСтаття присвячена визначенню оцінці вартості компанії, в контексті угод злиттів та поглинань (M&A) компаній що функціонують в фармацевтичному секторі, з фокусом на виробництві лікарських препаратів.
О. В. Баженова +1 more
doaj +1 more source
The Liquidity Sprint: Short‐Term Cash Needs and Access to Credit
European 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
Risk Perceptions and Corporate Financing Behavior
Financial Management, EarlyView.ABSTRACT Using a recently developed measure of financial market risk perceptions, we show that risk perceptions affect firm‐level corporate financing behavior. Firms tend to adjust their capital structures to cater to investors' appetite for risk. When perceived risks are low, firms tend to choose more leveraged capital structures to take advantage of ...
Youngmin Choi +2 more
wiley +1 more source
Price and Non‐price Terms of Syndicated Loans to Technology Firms
Financial Management, EarlyView.ABSTRACT This paper examines whether US technology firms receive different price and nonprice terms in the syndicated loan market compared to nontechnology firms. The analysis reveals that technology borrowers face significantly less favorable terms, including 12 basis points higher loan spreads, approximately 5%$\%$ shorter maturities, and loan sizes ...
Weiting Hu +2 more
wiley +1 more source