Results 151 to 160 of about 517 (257)

Chinese Lending and Sovereign Debt Distress in Developing Countries

open access: yesEconomics &Politics, EarlyView.
ABSTRACT China has emerged as the world's largest bilateral creditor to developing countries, yet its effects on sovereign debt outcomes remain contested. Competing theoretical perspectives predict opposing effects: Chinese lending may increase debt vulnerability through opacity, moral hazard, and unsustainable obligations, or reduce it by providing ...
Patrick E. Shea
wiley   +1 more source

Speculation in the United Kingdom, 1785‒2019

open access: yesThe Economic History Review, EarlyView.
Abstract Speculation has long been thought to have significant economic effects, but it is difficult to measure, making it challenging to examine these effects empirically. In this paper we measure speculation in the United Kingdom since 1785 by using business and financial reporting in The Times newspaper.
William Quinn   +2 more
wiley   +1 more source

Nonmarket strategies, domestic institutional development, and internationalization: Evidence from MENA and sub‐Saharan African regions

open access: yesEuropean Management Review, EarlyView.
Abstract This study examines the impact of the adoption of nonmarket strategies in domestic markets that drive the internationalization of emerging multinationals (EMNCs) from the MENA and sub‐Saharan African regions. In this study, we consider corporate political activity (CPA) and corporate social responsibility (CSR) of EMNCs and examine their role ...
Nouhaila Ettalibi   +4 more
wiley   +1 more source

Foundation governance for the purposeful ownership of enterprise

open access: yesEuropean Management Review, EarlyView.
Abstract Foundation‐owned companies are regarded as real‐world examples of commitment to a company purpose, and several world‐class companies have this ownership structure. They have been found to perform surprisingly well, given the accountability and incentive problems anticipated by conventional economic theories when nonprofit organizations own ...
Terry McNulty, Steen Thomsen
wiley   +1 more source

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

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