Results 71 to 80 of about 3,404 (180)
How Responsive Are Mortgage Lending Conditions to Flood Risk? The Case of the Netherlands
European Financial Management, EarlyView.ABSTRACT We study the link between flood risk and mortgage lending in the Netherlands, a country where approximately 60% of the population resides in flood‐prone areas. Using over 100,000 securitised mortgages issued from 2013 to 2023, our study concludes that credit terms are indistinguishable between areas with and without flood risk. When we use the
Laura Naomi Götz +2 more
wiley +1 more source
Green Initiatives, Financial Performance, and Institutional Investors
European Financial Management, EarlyView.ABSTRACT Sustainability in corporate finance has gained prominence under growing societal and regulatory pressures. Green initiatives, encompassing sustainable technologies and practices, enhance environmental responsibility, financial performance, and competitiveness.
Giuseppe Galloppo +2 more
wiley +1 more source
The Impact of Climate Risks on Corporate Debt Financing
European Financial Management, EarlyView.ABSTRACT As global resource demands and climate pressures grow, companies face the dual challenge of sustainability and environmental responsibility. Using panel data from U.S. publicly listed firms (2014–2022) and a text‐based proxy for climate risks, this study explores the impact of just transition climate risks on corporate debt financing.
Xiaowei Ma +3 more
wiley +1 more source
Local economic resilience and economic specialization in Greece during the crisis
Regional Science Policy &Practice, EarlyView., 2023 Abstract This paper scrutinizes the issue of economic resilience, aiming to detect the existence of a systematic link with economic specialization. To this end, the paper conducts an empirical analysis at the local (i.e., municipal) level of Greece during the economic crisis period (2009–2015), providing cartographic visualizations and spatial ...
Panagiotis Artelaris +2 more
wiley +1 more source
The Role of ESG in Shaping the Impact of Financial Development on Banks' Performance
European Financial Management, EarlyView.ABSTRACT This study investigates how financial development, divided into financial markets and financial institutions, affects banks' performance across 93 financially developed countries during the period between 2008 and 2023. The analysis highlights the role of environmental, social and governance readiness as core determinants that reshape ...
Noman Arshed +4 more
wiley +1 more source
Implicit Promises and the Timing of Defined‐Benefit Pension Plan Freezes
Financial Management, EarlyView.ABSTRACT Firms time defined‐benefit (DB) plan freezes after CEO turnovers to protect CEO retirement benefits from cost cuts affecting the wider workforce. We document a significant increase in voluntary CEO turnovers just before the freeze, without notable post‐freeze changes.
Zacharias Petrou, Adamos Vlittis
wiley +1 more source
Financial Statement Readability and Firm Debt Choice
Financial Management, EarlyView.ABSTRACT Examining more than 16,000 firm‐year observations in the United States, we provide novel evidence showing that higher financial statement readability leads to a decrease in information asymmetry and the need for external monitoring, thereby reducing the reliance on bank debt relative to public debt.
Wajih Abbassi +3 more
wiley +1 more source
Local Conceptions of Authority and Political Legitimacy in Africa
Development and Change, EarlyView.
Laurent Fourchard
wiley +1 more source
Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk
Financial 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
Price Discovery in Bitcoin ETF Market
Financial Review, EarlyView.ABSTRACT In this study, we explore price discovery across the following three Bitcoin markets: spot, futures, and exchange‐traded funds (ETFs). Employing the fractionally cointegrated vector autoregressive (FCVAR) model, we estimate price discovery in each market using minute‐level price data from October 19, 2021, the launch date of the first US ...
Kiana Kia +4 more
wiley +1 more source