Board Independence and Adjustment Speed of CEO Inside Debt
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
Bourdieu's capitals matter: tracking longer working lives across Europe. [PDF]
Lakomý M, Majetić F, Ateş M.
europepmc +1 more source
Employment Protection and Bank Dividends: Evidence From Wrongful Discharge Laws
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
Financial impact of non-communicable diseases on households with older adults in india: a mixed methods study. [PDF]
Prince D E A, Kodali PB.
europepmc +1 more source
Can Coercive Vertical Consolidation Improve the Financial Condition of Local Authorities?
ABSTRACT Vertical consolidation of small local authorities providing neighborhood services and large authorities providing strategic services into unitary authorities is assumed to improve financial condition by creating new economies of scale and scope.
Rhys Andrews, Dennis De Widt
wiley +1 more source
Does the reform of the phased reduction of the pension insurance contribution rate benefit the labor income share of enterprises? [PDF]
Dou C, Liu Y.
europepmc +1 more source
The Role of Index Fund Ownership in the Era of Say‐on‐Pay
ABSTRACT We examine whether and how index funds influence executive compensation in the post‐Say‐on‐Pay era. Using the annual reconstitution of the Russell indexes as a source of exogenous variation in index fund ownership, we document a causal effect of index ownership on CEO pay structure.
Kiseo Chung, Hwanki Brian Kim
wiley +1 more source
Catastrophic health expenditure among households with differently abled children and adolescents in Puducherry, India: a mixed-method study. [PDF]
Auroprem SP +3 more
europepmc +1 more source
Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk
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
The spillover effects of formal social support on vulnerability to poverty among rural older adult households: a risk 'shock-response' perspective. [PDF]
Fu C, Tan Z, He J.
europepmc +1 more source

