Results 11 to 20 of about 324 (106)

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

How the political elite make decisions

Australian Journal of Public Administration, EarlyView.
Abstract The political elite make policy decisions in noisy environments and under time pressure, and so are prone to using heuristics. There are conflicting schools of thought as to whether it is appropriate for them to do so. Experienced decision‐makers are thought to be more effective at using heuristics, so it is possible that for the political ...
Conor Wynn, Liam Smith, Catherine Killen
wiley   +1 more source

Author multidisciplinarity and disciplinary roles in field of study networks. [PDF]

Appl Netw Sci, 2022
Cunningham E, Smyth B, Greene D.
europepmc   +3 more sources

Climate policy uncertainty and energy impacts on trade openness and foreign direct investment in the United States: Evidence from the RALS co‐integration test

Natural Resources Forum, EarlyView.
Abstract Climate change is becoming an increasingly pressing global issue, and understanding how climate policy uncertainty affects trade openness and foreign direct investment is crucial. This study provides contemporary insights into this complex relationship, particularly in the context of the United States, which is a major player in global trade ...
Babatunde Sunday Eweade, Hasan Güngör
wiley   +1 more source

A Bibliometric Analysis of Four Decades of Shareholder Activism Research

Corporate Governance: An International Review, EarlyView.
ABSTRACT Research Questions/Issue In this bibliometric review of shareholder activism literature spanning 1983–2021, we pursue two objectives. Firstly, we investigate the degree of interdisciplinarity in the field, and second, we scrutinize publication trends, foundational knowledge, core topics, and emerging thematic trends, exploring the trajectory ...
Dionysia Katelouzou, Yanqiu Ren, Marti Sagarra   +2 more
wiley   +1 more source

Does Shareholder Activism Create Value? A Meta‐Analysis

Corporate Governance: An International Review, EarlyView.
ABSTRACT Research Question/Issue This study identifies the determinants of shareholder value created by investor activism. It quantifies and corrects the pool of published empirical estimates for bias due to the selective reporting of empirical results.
Josef Bajzik, Tomas Havranek, Zuzana Irsova, Jiri Novak   +3 more
wiley   +1 more source

ETFs and the price volatility of underlying bonds

Financial Review, EarlyView.
Abstract We investigate whether exchange traded funds (ETFs) distort bond prices or increase price volatility. Contrary to concerns, we find that ETF ownership of corporate bonds is linked to reduced price volatility, likely due to ETFs absorbing bond illiquidity.
Anna Agapova, Margarita Kaprielyan, Nikanor Volkov   +2 more
wiley   +1 more source

Does local economic freedom matter for the cost of corporate borrowing from the banking sector? Evidence from the US states

Journal of Financial Research, EarlyView.
Abstract Using data on large loans to US firms, we show that higher economic freedom in borrowers' headquarters states reduces the cost of bank credit. A one standard deviation increase in economic freedom lowers loan spreads by 12.38 basis points ($1.5 million interest savings for the average loan).
Thanh Cong Nguyen, Theodora Bermpei, Antonios Nikolaos Kalyvas   +2 more
wiley   +1 more source

Regulatory Capital Management to Exceed Thresholds

Journal of Money, Credit and Banking, EarlyView.
Abstract We investigate whether a carrot approach, which provides benefits for regulatory compliance rather than penalties for noncompliance, incentivizes banks to reach capital levels above the minimum requirements. We document a significant discontinuity at the 10% regulatory capital threshold, where banks receive benefits for exceeding it.
LUCIANA OROZCO, SILVINA RUBIO
wiley   +1 more source

Local powers of least‐squares‐based test for panel fractional Ornstein–Uhlenbeck process

Journal of Time Series Analysis, EarlyView.
In recent years, significant advancements have been made in the field of identifying financial asset price bubbles, particularly through the development of time‐series unit‐root tests featuring fractionally integrated errors and panel unit‐root tests.
Katsuto Tanaka, Weilin Xiao, Jun Yu
wiley   +1 more source