Results 61 to 70 of about 121,460,131 (168)
Are CSR incidents truly bad news?
Journal of Financial Research, EarlyView.Abstract We revisit whether disclosures of negative Corporate Social Responsibility (CSR) incidents adversely affect firms' stock prices. While univariate tests reveal significant negative abnormal returns around incident announcements, the effect disappears once firm characteristics, industry, and time‐fixed effects are controlled for.
Chen Chen +2 more
wiley +1 more source
Liquidators in a Limited Liability Company
, 2020 U ovom radu se opisuje pravni i porezni položaj likvidatora u društvu s ograničenom odgovornošću. Cilj ovog rada je objasniti temeljne pojmove likvidacije, njezina obilježja, njezino provođenje i u kojim slučajevima se ona provodi.
Puhelek, Luka
core +1 more source
Why do firms strategically delay payments of corporate loans?
Journal of Financial Research, EarlyView.Abstract Firms may prefer to delay some loan payments while continuing to service others because of lender and loan characteristics. I explore the impact of bank‐level and bank‐firm‐level indicators on the strategic delay behaviors of nonfinancial corporations. Three factors play a key role in their strategic delay decisions.
Ahmet Deryol
wiley +1 more source
Risk, limited liability and firm scope [PDF]
This paper provides a new explanation for the relationship between firm scope, agent's effort and corporate risk. I set up a moral hazard in teams model with multiple agents and departments under the assumption that both the principal and the agents are ...
Pei, Di
core
Journal of Money, Credit and Banking, EarlyView.Abstract We evaluate whether deposit insurance (DI) promotes liquidity by influencing depositor behavior. We use the postal savings (PS) system and state‐adopted DI schemes during the 1920s to examine the effect of bank suspensions on PS deposit growth in pairs of border cities (DI versus non‐DI).
Lee K. Davison, Carlos D. Ramirez
wiley +1 more source
Competition Reduces X-Inefficiency - A note on a Limited Liability Mechanism [PDF]
The study illustrates that a financial restriction may serve as a disciplining device on the internal efficiency of a firm, and that the disciplining power is higher the tougher the product market competition is. The financial restriction is modeled as a
Stennek, Johan
core
China's practical wisdom: Assumption of liability for endangering public health in bankruptcy proceedings-A case study of the Changchun Changsheng Biotechnology vaccine incident and the Johnson & Johnson baby powder incident. [PDF]
Front Public Health, 2022 Huang C.
europepmc +1 more source
Journal of Economic Surveys, EarlyView.ABSTRACT This survey interprets the evolution of quantitative equity investing as a history of changing constraints rather than a succession of increasingly complicated forecasting models. Portfolio theory made diversification calculable; characteristic‐based investing converted value, momentum, profitability, and low‐risk effects into scalable ...
Xuan Feng, Julio P. Cardozo, Dehua Xia
wiley +1 more source
Simple limited liability company
, 2019 Jednostavno društvo s ograničenom odgovornošću prijelazni je oblik trgovačkog društva koji prethodi društvu s ograničenom odgovornošću. Glavni cilj uvođenja j.d.o.o.-a je olakšanje ulaska u poduzetničke pothvate uz znatno manje troškove osnivanja društva.
Uremović, Petra
core +1 more source
Longevity, Health, and Housing Risk Management in Retirement
The Journal of Finance, EarlyView.ABSTRACT Annuities, long‐term care insurance, and reverse mortgages remain puzzlingly unpopular to manage post‐retirement longevity, health, and housing price risks. We use a flexible life‐cycle model structurally estimated with a unique stated‐preference survey experiment of Canadian households to understand why. Key factors include high risk aversion,
PIERRE‐CARL MICHAUD, PASCAL ST‐AMOUR
wiley +1 more source