Results 71 to 80 of about 418 (194)

Assessment of formal proceedings and out-of-court reorganisation: results from a survey among turnaround professionals in Austria. [PDF]

Eur J Law Econ, 2023
Mayr S, Duller C, Baschinger M.
europepmc   +1 more source

The Effects of Regulatory Office Closures on Bank Behavior

Journal of Money, Credit and Banking, EarlyView.
Abstract We investigate if the decentralized structure of regulatory office networks influences supervisory outcomes and bank behavior. Following the closure of an office, banks previously supervised by that office increase their lending and risk‐taking.
IVAN LIM, JENS HAGENDORFF, SETH ARMITAGE
wiley   +1 more source

The Strategic Role of the Commercial Court in Resolving Digital Company Bankruptcy Disputes

Batulis Civil Law Review
Introduction: The digital economy has transformed legal structures, especially in insolvency law, where digital companies often treat personal data as a core asset.
Nanda Dwi Rizkia, Hardi Fardiansyah, Danil Danil, Lilis Suryani, Tora Yuliana, Kevin M Riverra   +5 more
doaj   +1 more source

Twin Defaults and Bank Capital Requirements

The Journal of Finance, EarlyView.
ABSTRACT We examine optimal capital requirements in a quantitative general equilibrium model with banks exposed to nondiversifiable borrower default risk. Contrary to standard models of bank default risk, our framework captures the limited upside, but significant downside risk of loan portfolio returns.
CATERINA MENDICINO, KALIN NIKOLOV, JUAN RUBIO‐RAMIREZ, JAVIER SUAREZ, DOMINIK SUPERA   +4 more
wiley   +1 more source

The Adaptive Objectives of State‐Owned Enterprises amid Economic and Political Shifts: Evidence from Brazilian Firms, 1973–1993

Journal of Management Studies, EarlyView.
Abstract We theorize how state ownership reweights organizational objectives when political and market conditions shift. Using a mixed‐method, history‐to‐theory design, we examine 160 state‐owned and 132 private Brazilian firms from 1973 to 1993. We argue that two mechanisms – appointment politicization and constituency‐protection salience – alter ...
Paul Ferreira, Sergio G. Lazzarini, Aldo Musacchio   +2 more
wiley   +1 more source

The influence of negative interest rates on European life insurance companies

Journal of Risk and Insurance, EarlyView.
Abstract Between 2016 and 2022, life insurers in several European countries experienced negative long‐term interest rates, which put pressure on their business models. The aim of this paper is to empirically investigate the impact of negative interest rates on the stock performance of life insurers.
Nicolaus Grochola
wiley   +1 more source

ECONOMIC TURNOVER STABILITY AS A FACTOR OF MARKET PREDICTABILITY AND SUSTAINABLE DEVELOPMENT

Baltic Journal of Economic Studies
Subject. The subject of the article is the stability of economic turnover as a complex economic and legal category reflecting the capacity of the legal and economic systems to ensure the predictability, continuity, protection, and recoverability of ...
Oleh Vaskovskyi, Viktoriіa Rieznikova
doaj   +1 more source

Selection in car insurance when claims are heterogeneous

Journal of Risk and Insurance, EarlyView.
Abstract Econometric studies of insurance markets have analyzed the Positive Correlation Property to test for the presence of asymmetric information. Car‐insurance studies frequently compare policies purchasing Mandatory Third‐Party Liability alone with policies that purchase additional coverage and use the presence of a liability claim as a measure of
Edmund Cannon, Giam Pietro Cipriani, Alessandro Lai   +2 more
wiley   +1 more source

Contingent capital: A tale of two valuations

Journal of Risk and Insurance, EarlyView.
Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai, Chien‐Ling Lo, You‐Jia Sun, Hao‐Han Chang   +3 more
wiley   +1 more source

A NEW APPROACH IN CROSS BORDER CASES - REGULATION (EU) NO 2015/848 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 20 MAY 2015 ON INSOLVENCY PROCEEDINGS (RECAST)? [PDF]

Challenges of the Knowledge Society, 2017
Following numerous attempts to recast Regulation (EC) No 1346/2000 on insolvency proceedings, the appearance of EU Regulation 2015/848 (recast) aims to solve the problems encountered in practice regarding rules establishing international jurisdiction in ...
Gabriela FIERBINŢEANU, Vasile NEMEŞ
doaj