Results 11 to 20 of about 235,388 (265)
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
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Financial Expertise and Asset Prices [PDF]
This paper studies the effects of the joint distribution of the stock financial expertise and financial wealth on asset prices. By modeling financial expertise as a stock, we are able to incorporate economic ideas from capital theory as well as industrial organization into a model with slow moving capital.
Lei Zhang, Hanno Lustig, Andrea Eisfeldt
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Objective: development of a unified system and classification of indicators for an integral assessment of performance and effectiveness of the organization of medical care (MC) at the regional level in the Russian Federation (RF).Material and methods.
V. V. Omelyanovskiy +4 more
doaj +1 more source
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
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Improving the efficiency of the medicine provision system for patients with malignant neoplasms
Background. One of the priorities of health care is the balance between the financial resources and the availability of effective medical care. The current approach of access to cancer medicines limits the timeliness and availability of treatment. At the
Yu. A. Agafonova +3 more
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Earning Quality and Investment Efficiency; Do Board Characteristics Matter? Evidence from Tehran Stock Exchange [PDF]
This study postulates the relationships between earning quality and investment efficiency among Tehran Stock Exchange-listed companies with an emphasis on the moderating role of board characteristics including independence, the duality of executives and ...
Mahmoud Karimi +2 more
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AIM: Formation of a system of target indicators for rating and integral assessment of the effectiveness and efficiency of the organization of medical care for patients with diabetes mellitus in the Russian Federation regions.MATERIALS AND METHODS: The ...
I. A. Mikhailov +3 more
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Audit Committee Competence and Earnings Management in Europe
This study analyses the association between the competence of audit committee members and earnings management in a sample of 142 non-financial firms from France, Germany, Italy, Spain, and the United Kingdom over the 2006–2013 period. We measure members’
César Zarza Herranz +2 more
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Industry expertise on audit committee and audit report timeliness
Motivated mainly by streams of research that suggest industry expertise of audit committee (AC) is the best-qualification for directors, and that evidence on the value of this expertise is limited.
Nahla Abdulrahman Mohammed Raweh +3 more
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Economic Expertise in Insolvency (Bankruptcy) Procedures: Significance and Problems
The article is devoted to the consideration of the significance of forensic inquiry used in insolvency (bankruptcy) cases. In particular, the financial and economic expertise is considered.
D. O. Yarovoy
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