International Comparisons on Internal Labor Markets and Corporate Performance
This paper presents an analytical framework which demonstrates how the structures of corporate internal labor markets are formed within the broader labor and capital market context in the U.S. and Japan.
Joonmo Cho
doaj +1 more source
DO GROUP AFFILIATED AND UNAFFILIATED FIRMS HOLD CASH DIFFERENTLY? THE CASE OF PAKISTAN [PDF]
This study analyses the effect of business group membership on cash holding pattern of affiliated firms listed at Pakistan Stock Exchange from 2009-2014.
Ahmad Ishtiaq
doaj
Managing Business Processes in Banking
Introduction, Purpose. The article describes the management of business processes in the activities of banks in primary capital markets. This type of banking business is an important one in the financial market, since the role of modern banks includes ...
A. A. Tarasov
doaj +1 more source
The Deep-Pocket Effect of Internal Capital Markets [PDF]
We provide evidence that incumbent and entrant firms' access to business group deep pockets affects entry patterns in product markets. Relying on a unique French data set on business groups, our paper shows that entry in manufacturing industries is negatively related to the cash hoarded by incumbent-affiliated groups, and positively related to entrant ...
Boutin, Xavier +4 more
openaire +9 more sources
Identification and ranking of factors affecting credit risk in Banks listed on the Tehran Stock Exchange: A fuzzy WASPAS approach based on expert judgments [PDF]
Effective credit risk assessment remains a primary challenge for financial stability in emerging markets, particularly under economic volatility. This study identifies and prioritizes credit risk determinants in banks listed on the Tehran Stock Exchange.
Rasoul Naserhojjati Rudsari +1 more
doaj +1 more source
Essay 1: 'An Examination of the Efficiency, Foreclosure, and Collusion Rationales for Vertical Takeovers' Essay 2: 'Determinants of Firm Vertical Boundaries and Implications for Internal Capital Markets' [PDF]
Essay 1: An Examination of the Efficiency, Foreclosure, and Collusion Rationales for Vertical Takeovers We investigate the efficiency, foreclosure, and collusion rationales for vertical integration using a large sample of vertical takeovers.
Shenoy, Jaideep Ranjal
core +1 more source
Does the digital transformation of group finance companies boost subsidiary investment efficiency?
The digital transformation of financial institutions can shape corporate investment behavior. However, existing research has largely focused on external financial markets, paying limited attention to the role of internal capital markets.
Hai Ding, Wenbo Zhu, Huiqing Gao
doaj +1 more source
Using the disparity in top- and lower-level managers’ insider trading profitability as a proxy for internal information asymmetry (IIA), this paper examines the association between IIA and cost of equity capital.
Yingzhao Ni +3 more
doaj +1 more source
This paper aims to examine the relationship between diversified investment and the operation of the internal capital market, and then further investigate the impact of corporate governance mechanism on the relationship between them.
Zhixia Cui +3 more
doaj +1 more source
NETWORKS, RELATIONAL AND STRUCTURAL SOCIAL CAPITAL: IN THE ASSOCIATION OF ARTISANS IN THE ECUADORIAN ANDES [PDF]
This study explores the role of social capital within the Association of Artisans of La Victoria, located in Ecuador, with the aim of analyzing its relational and structural dimensions.
Patricia HERNÁNDEZ-MEDINA +3 more
doaj +1 more source

