Results 11 to 20 of about 82,418 (46)

MERGERS AND ACQUISITIONS INVESTMENTS OF THE GREEK SYSTEMIC BANKS DURING THE LAST 20 YEARS. A FINANCIAL ANALYSIS

Finance & Accounting Research Journal, 2023
The banking system of any country is the engine for the development of the national economy. The purpose of this dissertation is the analysis through the use of numerical indicators of the financial situation of the four largest Greek banks (National ...
Dr. Kyriazopoulos Georgios, Kotoulas Ioannis   +1 more
semanticscholar   +1 more source

Drilling Like There’s No Tomorrow: Bankruptcy, Insurance, and Environmental Risk

The American Economic Review, 2019
This paper measures the effects of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. Using administrative data from Texas, I exploit variation in an insurance requirement that reduced firms’ ability to ...
J. Boomhower
semanticscholar   +1 more source

BİST Bilişim Sektörü Firmalarının Finansal Sağlamlığının Finansal CEMATT Yöntemi ile İncelenmesi

Yönetim ve Ekonomi Dergisi, 2023
Günümüzde bilişim sektörü her yıl artarak büyüyen ve önemi artan bir sektör haline gelmiştir. Bilişim sektöründeki hızlı gelişmeler, sadece kendi sektörünü değil beraberinde diğer sektörleri de şekillendirmekte ve her geçen gün yeni sektörlerin doğmasına
Nevzat Çalış, Şakir Sakarya
semanticscholar   +1 more source

A Dynamic Theory of Mutual Fund Runs and Liquidity Management

Social Science Research Network, 2017
I model an open-end mutual fund investing in illiquid assets and show that the fund’s endogenous cash management can generate shareholder runs even with a flexible NAV.
Yao Zeng, Yao Zeng
semanticscholar   +1 more source

When Does Higher Firm Leverage Lead to Higher Employee Pay?

The Review of Corporate Finance Studies, 2022
We show that newly hired workers earn higher wages in response to higher firm leverage. Consistent with compensating differential models, these higher wages appear to reflect compensation for the risk of earnings losses in the event of financial distress.
Timothy E. Dore, Rebecca Zarutskie
semanticscholar   +1 more source

Teams and Bankruptcy

The Review of financial studies
We study how the human capital embedded in teams is affected by, and reallocated through, corporate bankruptcies. After a bankruptcy, U.S. inventors produce fewer and less impactful patents. Moreover, teams become less stable. Consequently, compared to
Ramin P. Baghai, Rui C. Silva, Luofu Ye
semanticscholar   +1 more source

Learning about profitability and dynamic cash management

Journal of Economics Theory, 2022
We study a dynamic model of a firm whose shareholders learn about its profitability, face costs of external financing and costs of holding cash. The shareholders’ problem involves a notoriously challenging singular stochastic control problem with a two ...
J. Décamps, Stéphane Villeneuve
semanticscholar   +1 more source

Save It for a Rainy Day: Evidence from State Corporate Income Tax Rate Changes

Journal of the American Taxation Association
We examine the effect of state corporate income tax rate changes on firms’ liquidity management. Using a difference-in-differences design, we find that firms hold more cash when they are experiencing an increase in state corporate income tax rate. More
Xiao Song, M. Yuan
semanticscholar   +1 more source

Trade Credit and Industry Dynamics: Evidence from Trucking Firms: Trade Credit and Industry Dynamics

, 2015
Long payment terms are a strong impediment to the entry and survival of liquidity constrained firms. To test this idea and its implications, I consider the effect of a reform restricting the trade credit supply of French trucking firms.
J. Barrot
semanticscholar   +1 more source

Network linkages to predict bank distress

, 2016
Tuomas A. Peltonen, Andreea Piloiu, Peter Sarlin   +2 more
semanticscholar   +1 more source