Results 51 to 60 of about 132,091 (263)
This paper presents a principal-agent model of IMF conditional lending, in the aftermath of a "capital-account" liquidity crisis. We show that traditional ex-post conditonality can be effective in safeguarding the Fund's resources, allowing for the ...
Giulio Federico
core
Climate Stress Testing on European SME Securitised Loans Under Climate Mitigation Scenarios
Business Strategy and the Environment, EarlyView.ABSTRACT Assessing the future impact of climate risks on the probability of default (PD) of small and medium enterprises (SMEs) is challenging due to limited disclosure, policy uncertainty and exposure to physical risks. This paper addresses this gap by integrating macroeconomic variables from the Network for Greening the Financial System (NGFS ...
Luca Zanin, Raffaella Calabrese
wiley +1 more source
IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality [PDF]
In theory, the IMF could influence economic growth via several channels, among them advice to policy makers, money disbursed under its programs, and its conditionality. This paper tries to disentangle those effects empirically.
Dreher, Axel
core +4 more sources
IMF lending and geopolitics [PDF]
There is growing awareness that the distribution of IMF facilities may not be influenced only by the economic needs of the borrowers. This paper focuses on the fact that the IMF may favour geopolitically important countries in the distribution of IMF ...
Vauday, Julien, Reynaud, Julien
core
IMF conditionality: imposition or ownership? The case of Egypt [PDF]
, 2004 Since its establishment, the IMF has been subject to constant interest from both academic circles and the media. Of the three types of the IMF's functions (regulatory, consultative, and financial), the latter - particularly the provision of temporary ...
Laobooncharoen, Nontaporn
core
Business Strategy and the Environment, EarlyView.ABSTRACT Over the past decades, sustainability has emerged as a defining global priority, reshaping firms' role in driving systemic change. In this context, corporate purpose has gained renewed prominence as a key mechanism to align organizational priorities with broader societal commitments.
Lucia Barra +2 more
wiley +1 more source
Az IMF hitelpolitikája a közép-európai országok viszonylatában
, 2013 A dolgozat bemutatja az IMF hitelpolitikáját Magyarországon és Romániában. A dolgozat ismerteti az IMF szervezetét, célkitűzéseit és hitelkonstrukcióit.
Bárány, Anita
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Business Strategy and the Environment, EarlyView.ABSTRACT This study examines the drivers of biodiversity disclosure and the interplay between firm strategies and national institutions in shaping transparency. Using a global panel of 4703 firms across 40 economies from 2013 to 2022, we integrate differentiation, signalling and institutional perspectives to explain variation in reporting behaviour ...
Chi Chen +2 more
wiley +1 more source
IMF Bailouts and Moral Hazard [PDF]
This paper empirically investigates the extent of investor moral hazard associated with IMF bailouts by analyzing the responses of sovereign bond spreads to the changes in the perceived probability of IMF bailouts of countries undergoing financial crisis.
Jong-Wha Lee, Kwanho Shin
core
Carbon Footprint of Bank Loans: Opportunities and Risk Implications in the Banking Industry
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines whether the carbon footprint of bank loan portfolios influences bank stability, profitability and cost efficiency and whether regulatory quality moderates these relationships. Using a balanced panel of 33 countries from 2005 to 2018, the analysis combines banking‐sector indicators from the World Bank Global Financial ...
Honglei Wang +5 more
wiley +1 more source