Results 151 to 160 of about 116,218 (344)
The effect of addback statutes on CEO compensation
Accounting &Finance, Volume 65, Issue 1, Page 793-818, March 2025.Abstract Exploiting the adoption of addback statutes, which occurred at different times, as exogenous shocks to corporate taxable income, we examine the effect of tax policy changes on the compensation of chief executive officers (CEOs). We provide evidence that CEOs of firms headquartered in states affected by addback statutes experienced a decrease ...
Karel Hrazdil +3 more
wiley +1 more source
Liquidity, Contagion and Financial Crisis [PDF]
We develop a theoretical model where a redistribution of bank capital (e.g., due to reckless trading and/or faulty risk management) leads to a “freeze” of the interbank market. The fire-sale market plays a central role in spreading the crisis to the real
Guembel, Alexander, Sussman, Oren
core
Unveiling Corruption's Influence on Insider Trading: US Insights
Accounting &Finance, EarlyView.ABSTRACT This study examines the relationship between state‐level political corruption and firm‐level insider trading in the United States. State corruption is proxied using Department of Justice court cases involving corrupt activities. The findings reveal a positive and statistically significant association between political corruption and insider ...
Ahmed Al‐Hadi +3 more
wiley +1 more source
Credit chains and the propagation of financial distress [PDF]
The purpose of this paper is to analyze how shocks propagate through a network of firms that borrow from, and lend to, each other in a trade credit chain, and to quantify the effects of financial contagion across firms.
Boissay, Frédéric
core
Contagion in Financial Systems: A Bayesian Network Approach [PDF]
, 2018 Carsten Chong, Claudia Klüppelberg
openalex +1 more source
How Tether Depegging Affects Cryptocurrency Returns
Accounting &Finance, EarlyView.ABSTRACT This paper examines the relationship between Tether depegging events and the returns of ten major cryptocurrencies from November 2017 to November 2024. We distinguish between upward and downward deviations from the Tether peg, identifying these events as threshold exceedances based on historical prices, using both constant parameter and ...
Sean Foley +2 more
wiley +1 more source
A Primer on Financial Contagion [PDF]
This paper presents a unified framework to highlight possible channels for the international transmission of financial shocks. We first review the different definitions and measures of contagion used in the literature.
Marcello Pericoli, Massimo Sbracia
core
On the need and contents of a specific addiction recovery research agenda
Addiction, EarlyView.Abstract Background For decades knowledge about the etiology, epidemiology, neurobiology, typology, and treatment of addiction in various populations has been well documented and widely disseminated. In more recent years, there has been a growing interest in investigating the prevalence, multiple pathways, and mechanisms that facilitate sustained ...
William L. White, John F. Kelly
wiley +1 more source
Liquidity Spillover in the Corporate Bond Market
Asia-Pacific Journal of Financial Studies, EarlyView.Abstract In this study, I examine liquidity spillover in the corporate bond market. Using regulation‐induced selling pressure in the corporate bond market following rating downgrades from investment grade to high yield, I document that liquidity shocks to downgraded bonds spill over to their peer bonds that are issued by firms with high fundamental ...
Jiyoon Choi
wiley +1 more source