Results 121 to 130 of about 3,749 (275)

Land and resources acquisition, equity investment increase and enterprise overinvestment

, 2017
Purpose This paper comes to the point from the tax competition of local government in investment promotion and capital introduction. This paper aims to empirically examine the internal mechanism of enterprises obtaining land resources from local ...
Jinyu Yang, Lihua Yuan, Bin Liu
core   +1 more source

Climate Regulation and ESG Disclosure in Maritime Transport

European Financial Management, EarlyView.
ABSTRACT This paper investigates whether climate policy signals influence ESG disclosure quality in maritime transport, a capital‐intensive industry responsible for roughly 3% of global CO₂ emissions. Using panel data from 126 listed shipping firms between 2009 and 2023, we construct an author‐based disclosure quality index and treat the IMO's 2018 ...
Xakousti Afroditi Merika, Theodore Syriopoulos   +1 more
wiley   +1 more source

Dose the Purchasing of Directors’ Liability Insurance Enhance or Mitigate a Firm’s Overinvestment

, 2013
[[abstract]]Since financial crisis has become a critical issue, no matter government or firms and even investors should be pay more attention on managerial behavior.
Chen, Chia-Wei;Lin, Pin-Shiuan
core  

Do bubbles lead to overinvestment? A revealed preference approach [PDF]

, 2011
Many economists believe that the stock market plays an important role in efficiently allocating capital to its most productive uses. This standard story of the stock market was called into question by events in the late 1990s, when some observers ...
Schaller, Huntley, Chirinko, Robert S.
core  

The Effect of Traffic Congestion on Labour Investment Efficiency

European Financial Management, EarlyView.
ABSTRACT The study examines the effects of headquarters‐city traffic congestion on labour investment efficiency. The results indicate that firms headquartered in congested cities may engage in inefficient labour investment decisions. Further analysis indicates that the inefficiency is associated with both overinvestment and underinvestment in labour ...
Rajib Chowdhury
wiley   +1 more source

Do Transparent Firms Generate Greener Ideas? ESG and Green Patents in China

Financial Review, EarlyView.
ABSTRACT Using Patent Application Data from the State Intellectual Property Office of China, we examine the relationship between ESG information disclosure and firms' environmental innovation, using more than 3500 listed firms. Methodologically, we develop a micro‐founded structural model, which maps directly to relevant empirical regressions.
Athanasios Andrikopoulos, Panayotis G. Michaelides, Guanxia Xie   +2 more
wiley   +1 more source

CEO Self‐Regulation and the Cost of Equity Capital

Financial Review, EarlyView.
ABSTRACT We explore the association between CEO self‐regulation and the cost of equity capital by distinguishing between two dimensions of regulatory focus—promotion focus and prevention focus—based on Higgins' (1997) framework. A promotion focus prioritizes positive stimuli, accomplishment, and growth, while a prevention focus emphasizes negative ...
Ann Ling‐Ching Chan, Kyunghwa Yu
wiley   +1 more source

Dancing with Uncertainty: Unraveling Firm Investment Inefficiencies in the Asia Pacific Region

Journal of Economics, Business & Accountancy Ventura
This study explores the intricate relationship between uncertainty and corporate investment inefficiencies in the Asia-Pacific region, utilizing data from non-financial firms between 2008 and 2021.
Rita Juliana, Liza Handoko, Nicholas Lee   +2 more
doaj   +1 more source

Measuring the Stringency of Building Height Regulations

International Economic Review, EarlyView.
ABSTRACT This study proposes a novel methodology to measure the stringency of building height regulations. This measure gauges the difference in building heights with and without regulations. The primary challenge is to recover unobserved building heights in the absence of regulations.
Yusuke Adachi
wiley   +1 more source

A Horse Race of Machine‐Learning Methods to Predict Banking Crises

International Finance, EarlyView.
ABSTRACT To examine if one machine‐learning model can consistently elucidate financial vulnerabilities, both over time and across levels of development, this paper applies 13 machine‐learning algorithms to evaluate comparative forecasting performance across several banking crises.
Emile du Plessis
wiley   +1 more source