Liquidity Spillover in the Corporate Bond Market
Abstract In this study, I examine liquidity spillover in the corporate bond market. Using regulation‐induced selling pressure in the corporate bond market following rating downgrades from investment grade to high yield, I document that liquidity shocks to downgraded bonds spill over to their peer bonds that are issued by firms with high fundamental ...
Jiyoon Choi
wiley +1 more source
CEO Power and Circular Economy Disclosure: The Moderating Role of Institutional Forces
ABSTRACT This study investigates the impact of CEO power on circular economy disclosure (CED), highlighting the moderating role of institutional pressures on CEO discretion. The analysis draws on a sample of 8354 multinational companies from the Refinitiv database, covering the period 2013–2022.
Saudi‐Yulieth Enciso‐Alfaro +3 more
wiley +1 more source
Implications of the Growth of Defined Contribution Retirement Plans for Safety Net Eligibility: The Case of Dual Eligibility for Medicare and Medicaid. [PDF]
McInerney M +3 more
europepmc +1 more source
A Farewell to Arms… Manufacturing: Learning From a Landmine Producer Who Became a Deminer
ABSTRACT Certain industries—labeled “dirty,” “sinful,” “stigmatized,” or “controversial”—are under public scrutiny because of the ethical, social, and environmental concerns that they raise. Previous research has typically focused on the industry or organizational level of analysis, examining how companies in controversial industries can enhance their ...
Marco Guerci, Luca Carollo
wiley +1 more source
Analysis of influencing factors of indebtedness in Chinese private hospitals. [PDF]
Kong F, Xu J, Ma K.
europepmc +1 more source
ABSTRACT This study investigates the phenomenon of corporate social responsibility (CSR) decoupling, wherein firms' CSR disclosures diverge from their actual CSR performance, often resulting in misleading portrayals of environmental and social commitments commonly associated with greenwashing.
María Consuelo Pucheta‐Martínez +2 more
wiley +1 more source
Optimal tactics in community pension model for defined benefit pension plans. [PDF]
Wang J, Cui C, Tian T.
europepmc +1 more source
Demographics and the Welfare State—From One Crisis to the Next?
ABSTRACT Recent demographic projections point to lower fertility rates, and in most countries below the reproduction level. This is widely perceived to add further burdens to already strained public finances due to increasing longevity and aging populations.
Torben M. Andersen
wiley +1 more source
Capitalising (on) industrial epidemics: examining the influence of the 'Big Three' asset managers on corporate governance in key health-harming commodity industries. [PDF]
Wood B +5 more
europepmc +1 more source
On Liquidity Spillovers in Sovereign Bond Spot and Futures Markets During the COVID‐19 Outbreak
ABSTRACT We examine liquidity spillovers within and between the sovereign bond spot and futures markets in the euro area, covering the periods before, during, and after the COVID‐19‐induced dash for cash episode. Our results indicate that while liquidity spillovers were significantly amplified during the height of the crisis, the magnitude of these ...
Vassilios G. Papavassiliou, Fan Dora Xia
wiley +1 more source

