Results 91 to 100 of about 14,040 (237)
Strategic Investment in International Gas-Transport Systems: A Dynamic Analysis of the Hold-up Problem [PDF]
We develop a dynamic model of strategic investment in a transnational pipeline system. In the absence of international contract enforcement, countries may distort investment in order to increase their bargaining power, resulting in overinvestment in ...
Franz Hubert, Irina Suleymanova
core
Democratic Alarmism: Coherent Notion or Contradiction in Terms?
Constellations, EarlyView.
James S. Pearson
wiley +1 more source
CEO‐employee pay ratio disclosure and dividend policy
Abstract We examine whether and how the magnitude of the CEO pay ratio affects dividend policy in the context of inequality‐averse investors. Our results demonstrate a positive association between the two and remain robust to endogeneity concerns. We find that the CEO pay ratios positively affect dividends irrespective of whether CEO compensation ...
Rajib Chowdhury, John A. Doukas
wiley +1 more source
Optimal Litigation Strategies with Signaling and Screening [PDF]
This paper examines the strategic effects of case preparation in litigation. Specifically, it shows how the pretrial efforts incurred by one party may alter its adversary’s incentives to settle.
Laurent Linnemer, Philippe Choné
core
How does CEO career variety affect a firms investment efficiency?
While prior studies have extensively examined CEO career variety in developed economies, its implications for investment efficiency in emerging markets remain limited.
Nurul Fitriani +3 more
doaj +1 more source
Does Corporate Governance Reduce Overinvestment? The Mediating Role of Information Asymmetry [PDF]
This study investigates the direct and indirect relationship between corporate governance and agency cost using bootstrap analysis. For a sample of 155 firms during 2009-2015, this study finds statistically significant both direct effect of corporate ...
Samya Tahir +3 more
doaj
Optimizing Human Resource Conditions for 20‐Year Initial Public Offering (IPO) Survival
ABSTRACT The entrepreneurship literature emphasizes the importance of imprints founders leave on companies; those imprints can change at transformational events such as the initial public offering (IPO). Prior research has found that objective measures (such as structure or compensation systems) can imprint and predict survival post IPO.
Theresa M. Welbourne +2 more
wiley +1 more source
Investment Timing, Liquidity, and Agency Costs of Debt [PDF]
This paper examines the effect of debt and liquidity on corporate investment in a continuous- time framework. We show that stockholder-bondholder agency conflicts cause investment thresholds to be U-shaped in leverage and decreasing in liquidity.
Hirth, Stefan, Uhrig-Homburg, Marliese
core
Firms’ Investment Level and (In)Efficiency: The Role of Accounting Information System Quality
We investigate whether accounting information system quality has an impact on the level and efficiency of firms’ investments. While firms’ growth depends on investment and financing decisions, accounting information is fundamental for the decision-making
Cláudia Pereira +3 more
doaj +1 more source
ABSTRACT Adaptation measures play a crucial role in mitigating the increasing severity of flood disasters driven by climate change. While various strategies are implemented globally, their geographical characteristics and long‐term effectiveness remain uncertain.
Takaya Kaneko +5 more
wiley +1 more source

