Results 291 to 300 of about 1,037,447 (392)

Against the veto solution in cross‐border avoidance law

International Insolvency Review, EarlyView.
Abstract UNCITRAL is striving to determine the law applicable to cross‐border insolvency avoidances. In principle, this should be the lex fori concursus. However, both Regulation (EU) 2015/848 and the laws of some European countries adopt a combination of lex fori concursus and lex causae called the ‘veto solution’.
Renato Mangano
wiley   +1 more source

Power, choice, exposure and fragility: Reframing fairness in equity for the corporate and insolvency sphere

International Insolvency Review, EarlyView.
Abstract Where is the place of humanity in current corporate and insolvency frameworks and their theoretical underpinning? How can it be assured that the institutions that have been invented through human ingenuity and brilliance serves the collective human experience fully and equitably? Insolvency law has long been theoretically conceptualised on the
Jennifer L. L. Gant
wiley   +1 more source

Globalisation, Financialisation and Endogenous Thresholds for Premature Deindustrialisation

International Journal of Finance &Economics, EarlyView.
ABSTRACT We investigate the pattern and determinants of premature deindustrialisation (PD) for a large panel of advanced, emerging and developing economies. We consider the impacts of international financial integration (de facto financial globalisation), capital account openness (de jure financial globalisation) and financialisation which are often ...
Seda Ekmen Özçelik, Erdal Özmen, Fatma Taşdemir   +2 more
wiley   +1 more source

A Reversed Early Warning Methodology for Optimal Bank Profit Retention Recommendations

International Journal of Finance &Economics, EarlyView.
ABSTRACT This study introduces a calibration method for the newest policy instrument in prudential supervision by endogenising profit retention targets via a reversed early warning system, depending on the supervisors' risk tolerance, the exposure to the economy, and the level of financial pressure.
Petr Jakubik, Bogdan Gabriel Moinescu
wiley   +1 more source

Political Environment, Banking Liquidity, and Banking Crises: A Mediation Analysis From Panel Data

International Journal of Finance &Economics, EarlyView.
ABSTRACT The objective of this paper is twofold. (i) First, we examine whether the political environment affect bank liquidity. (ii) Then, we investigate whether the political environment's impact on banking crises is mediated through bank liquidity.
Joseph Attila
wiley   +1 more source

Sovereign Credit Ratings: A Friend or Foe to Financial Development of African Countries?

International Journal of Finance &Economics, EarlyView.
ABSTRACT This study examined the impact of sovereign credit rating on financial development. Using a sample of 21 African countries from 1995 to 2019, the empirical result indicates a significant and positive link between sovereign credit rating and financial development that is, higher credit ratings are associated with lower borrowing costs ...
Sodiq Arogundade, Biyase Mduduzi, Cephas Naanwaab   +2 more
wiley   +1 more source

On Optimal Currency Areas: Common Shocks Versus Common Persistence of Shocks

International Journal of Finance &Economics, EarlyView.
ABSTRACT The Optimal Currency Area (OCA) literature has been focusing on the co‐movement of business cycle shocks as a key policy criterion. We document in a simple Barro–Gordon framework that, in addition to a high correlation of shocks, a common persistence of shocks is a relevant OCA criterion.
Louisa Grimm, Sven Steinkamp, Frank Westermann   +2 more
wiley   +1 more source

An Ensemble Model Minimising Misjudgment Cost: Empirical Evidence From Chinese Listed Companies

International Journal of Finance &Economics, EarlyView.
ABSTRACT Predicting corporate financial distress is critical for bank lending and corporate bond investment decisions. Incorrect identification of default status can mislead lenders and investors, leading to substantial losses. This paper proposes an ensemble model that minimises the overall cost of misjudgment by considering the imbalanced ratio ...
Kunpeng Yuan, Mohammad Zoynul Abedin, Petr Hajek   +2 more
wiley   +1 more source

Is Fintech Good for Bank Performance? The Case of Mobile Money in the East African Community

International Journal of Finance &Economics, EarlyView.
ABSTRACT Mobile money, a technology‐driven innovation in financial services, has profoundly penetrated the financial landscape in Sub‐Saharan Africa, including banks. Yet, besides anecdotal evidence, little is known about whether mobile money adoption enhances or worsens bank performance.
Serge Stéphane Ky, Clovis Rugemintwari, Alain Sauviat   +2 more
wiley   +1 more source

Determinants of Dividend Payout Policy: More Evidence From Emerging Markets of G20 Bloc

International Journal of Finance &Economics, EarlyView.
ABSTRACT The purpose of this article is to examine the key factors influencing dividend payout policy in emerging markets, using a quantitative approach with a sample of 938 firms and 19,698 firm‐year observations. The study considers dividends, and share repurchases as elements of payout, analysing the effect of earnings, taxes, debt, size and free ...
Wagner Dantas de Souza Junior, Mohamed Mehdi Hijazi, Tarcísio Pedro da Silva   +2 more
wiley   +1 more source