Results 141 to 150 of about 4,282,132 (297)

Addressing Limitations to Equitable Access to Healthcare Services for People Living with HIV in Lebanon [PDF]

open access: yes, 2015
K2P Policy Briefs bring together global research evidence, local evidence and context-specific knowledge to inform deliberations about health policies and programmes.
El Bawab, Lamya, El-Jardali, Fadi
core  

Pressure‐Driven Cash Holdings Under Biodiversity Risk

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This study examines how biodiversity risk affects corporate cash holdings and the mechanisms shaping this relationship. We find that firms facing higher biodiversity risk significantly increase cash reserves. Internal CSR governance and external institutional pressures both reinforce precautionary cash policies, highlighting the importance of ...
Kangding Wang, Tongbin Xu, Min Yang
wiley   +1 more source

Board Independence and Adjustment Speed of CEO Inside Debt

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We find that firms with more independent directors adjust CEO inside debt towards an optimum more quickly. This effect is more pronounced in financially unconstrained, growth, and under‐levered firms, and also firms led by more powerful or overconfident CEOs.
Bonnie Buchanan, Shuhui Wang, Tina Yang
wiley   +1 more source

The Effect of Traffic Congestion on Labour Investment Efficiency

open access: yesEuropean 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

Employment Protection and Bank Dividends: Evidence From Wrongful Discharge Laws

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT Using the staggered adoption of the good faith exception to U.S. wrongful discharge laws, we examine the causal effect of employment protection and firing costs on bank dividend payouts. We find stronger employment protection significantly reduces dividends, with good faith adoption lowering payouts by 7% relative to the mean. In line with the
Alessio Bongiovanni, Joshua Cave
wiley   +1 more source

Patterns in payout policy and payout channel choice

open access: yes
We study the decision to distribute funds as well as the choice of the payout channel (i.e. dividends, repurchases, or both). Our analysis of the payout policy of UK firms demonstrates that the importance of share repurchases is increasing, but dividends
Trojanowski, Grzegorz, Renneboog, Luc
core  

Environmental Impact Shaping a Firm's Zero Leverage Decision: Analysing Debt Demand and Supply Determinants

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT Zero‐leverage firms remain a puzzle in corporate finance. We propose a supply‐side mechanism linking environmental impact to debt access. Because creditors favour firms with high negative externalities and strong cash flows, environmentally friendly firms with high initial costs face tighter credit constraints.
Paolo Saona   +3 more
wiley   +1 more source

Reimagining State Aid: Guiding Law and Policy Reform in a Changing World

open access: yesEuropean Law Journal, EarlyView.
ABSTRACT EU state aid law has shifted fundamentally from an originally purely repressive tool to a proactive steering mechanism for critical EU goals today. This paper argues that the current legal framework in Article 107 TFEU is gravely misaligned with this new function.
Thomas Jaeger
wiley   +1 more source

Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk

open access: yesFinancial Management, EarlyView.
ABSTRACT We set up a life cycle model with real interest rate risk to demonstrate that real interest rates have implications for optimal household consumption and investments. Lower interest rates lead to higher optimal stock investments and lower consumption.
Marcel Fischer, Natascha Jankowski
wiley   +1 more source

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