Results 11 to 20 of about 74,833 (42)

Voluntary carbon assurance and the cost of equity capital: International evidence

Australian Journal of Management
We examine the impact of voluntary carbon assurance on a firm’s cost of equity capital (COE). Based on 6500 firm-year observations across 44 countries covering a period of 8 years (2010–2017), we find that the adoption of carbon assurance is negatively ...
Rina Datt, Le Luo, Reuben Segara
semanticscholar   +1 more source

Avoiding relapses after crises: Exploring the influence of firm investors’ characteristics on organizational resilience

Business Research Quarterly
Many firms may successfully navigate an organizational crisis, but may find themselves entangled in another soon after. Building on a resource-dependence perspective, this study evaluates how certain investor characteristics foster organizational ...
Elena Mellado-Garcia, Natalia Ortiz‐de‐Mandojana, J. Aragón-Correa   +2 more
semanticscholar   +1 more source

Is Capital Structure Irrelevant with ESG Investors?

The Review of financial studies
This paper examines whether capital structure is irrelevant for enterprise value and investment when investors care about environmental, social, and governance issues, which we refer to as “ESG-Modigliani-Miller” (ESG-MM).
Peter Feldhütter, Lasse Heje Pedersen
semanticscholar   +1 more source

Do Institutional Investors Process and Act on Information? Evidence from M&A Targets

The Review of Corporate Finance Studies
We document important links between targets’ institutional ownership and takeover-bid outcomes. Firms’ institutional ownership increases the likelihood of receiving stock-for-stock bids.
Kirak Kim, Ellie Luu, Fangming Xu
semanticscholar   +1 more source

The Dynamics of Loan Sales and Lender Incentives

The Review of financial studies
How much of a loan should a lender retain, and how do loan sales affect loan performance? We address these questions in a model in which a lender originates loans that it can sell to investors.
S. Gryglewicz, Simon Mayer, E. Morellec
semanticscholar   +1 more source

Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications

, 2012
Gabriel Jiménez, S. Ongena, J. Peydró, Jesús Saurina   +3 more
semanticscholar   +1 more source

Testing static tradeoff against pecking order models of capital structure 1

, 1999
Lakshmi Shyam-Sunder, S. Myers
semanticscholar   +1 more source

Stronger Risk Controls, Lower Risk: Evidence from U.S. Bank Holding Companies: Stronger Risk Controls, Lower Risk

, 2013
A. Ellul, Vijay Yerramilli
semanticscholar   +1 more source

Institutions and Organizational Structure: The Case of State-Owned Corporate Pyramids

, 2013
Joseph P. H. Fan, T. Wong, Tianyu Zhang
semanticscholar   +1 more source

The Effect of Hedge Fund Activism on Corporate Tax Avoidance

, 2012
C. S. A. Cheng, H. Huang, Yinghua Li, Jason Stanfield   +3 more
semanticscholar   +1 more source