Results 1 to 10 of about 1,269,882 (307)
Financial expertise of directors [PDF]
Abstract We analyze how directors with financial expertise affect corporate decisions. Using a novel panel data set, we find that financial experts exert significant influence, though not necessarily in the interest of shareholders. When commercial bankers join boards, external funding increases and investment-cash flow sensitivity decreases. However,
Malmendier, Ulrike +2 more
core +7 more sources
Financial Expertise as an Arms Race [PDF]
ABSTRACTWe show that firms intermediating trade have incentives to overinvest in financial expertise. In our model, expertise improves firms’ ability to estimate value when trading a security. Expertise creates asymmetric information, which, under normal circumstances, works to the advantage of the expert as it deters opportunistic bargaining by ...
Glode, Vincent +2 more
openaire +9 more sources
Are CEO experience and financial expertise associated with financial restatements?
This study examines whether and how Chief Executive Officer (CEO) experience and financial expertise affect financial restatements (FR) by investigating a sample of Iranian listed companies from 2008 to 2017.
Zabihollah Rezaee +2 more
doaj +4 more sources
Audit Committee Financial Expertise: Antidote for Financial Reporting Quality in Nigeria? [PDF]
Audit committee financial expertise is vital to the quality of financial reporting. This study empirically investigates the impact of audit committee financial expertise on the quality of financial reporting. The financial reporting quality was measured by reliability (total accrual quality) and relevance (audit report lag). Fifteen money deposit banks
Ojeka, Stephen +2 more
openaire +5 more sources
Financial Institutions' Expertise and Growth Effects of Financial Liberalisation [PDF]
This paper analyses the real effects of financial development subsequent to financial liberalisation in an economy with risk averse savers and learning by lending. Transition from full financial repression to full financial liberalisation might initially slow down the growth process or even induce a recession, whenever the initial level of valuable ...
Deidda, Luca Gabriele
openaire +2 more sources
Soft budget constraints in Polish public healthcare entities [PDF]
Although the theory of soft budget constraints is widely presented in the literature, little is known about the factors of soft budget constraints in public hospitals in Poland.
Zbysław Dobrowolski +3 more
doaj +1 more source
Restructuring the economic systems on the way to an additive economy [PDF]
The additive economy should be the productive basis toward which the national economies aspire. This paper aims to deepen the theoretical issues of the additive economy forming and its key components: additive technology and additive manufacturing ...
Leonid Melnyk +4 more
doaj +1 more source
Objective: the development and approbation of the method for comparative analysis of the lists of medicines in different countries and systems of healthcare.Material and methods.
V. A. Lemeshko +5 more
doaj +1 more source
The article presents a review of current and alternative methods for planning the scope and financing of medical care in the subjects of the Russian Federation.
S. A. Kovaleva +2 more
doaj +1 more source

