Results 111 to 120 of about 27,795 (306)

Partisan Cities: How State‐Local Political Alignment Shapes Credit Risk and Information Processing in the Municipal Bond Market

open access: yesJournal of Accounting Research, EarlyView.
ABSTRACT This paper studies how partisan alignment between city leaders and state governors shapes information processing and bond pricing in the municipal bond market. Using a novel data set on 1,045 U.S. cities from 2005 to 2019, we show that cities with the same political affiliation as the state governor face 9 basis points lower borrowing costs ...
RAMONA DAGOSTINO, ANYA NAKHMURINA
wiley   +1 more source

Financial Instability and Life Insurance Demand [PDF]

open access: yes
This paper estimates private life insurance and Kampo demand functions using household-level data provided by the Postal Services Research Institute. The results show that income, children, pension and knowledge factors have a significant effect on the ...
Norihiro Kasuga, Mahito Okura
core  

Quid Pro Quo? Private Information Flows in Shareholder Activism: Evidence from Mutual Fund Families

open access: yesJournal of Accounting Research, EarlyView.
ABSTRACT This paper hypothesizes that information flows from target firms to large shareholders during activist campaigns and that these flows have governance consequences. Focusing on actively managed mutual fund families, we find that informed trading by large‐holding fund families increases during activist campaigns relative to smaller‐holding fund ...
EUNJEE KIM, HAI PHAM
wiley   +1 more source

Savremeno naoružanje i vojna oprema za broj 2-2024

open access: yesVojnotehnički Glasnik
Да ли је руски сателит Cosmos 2553 тест за будуће орбитално нуклеарно оружје?
Dragan M. Vučković
doaj  

PRIVATE OR PUBLIC PENSION INSURANCE?

open access: yesEuropean Journal of Business and Economics, 2013
The most recent trends in population dynamics and increased longevity risk have provoked a rigorous debate whether the private or the public pension insurance system should be predominant. The public pension insurance is dominated by the state that guarantees its stability, but is often compared to a pyramid or a Ponzi scheme.
openaire   +2 more sources

Inclusion or Insurance? National Insurance and the future of the contributory principle [PDF]

open access: yes
This paper examines the decline of National Insurance in Britain, as witnessed by its declining share of all social security spending and the steady dilution of the "contributory principle" on which it was originally based. It argues that this decline is
John Hills
core  

Incidence, Risk, and Disclosure of Corporate Litigation: Insights from Federal Court Filings

open access: yesJournal of Accounting Research, EarlyView.
ABSTRACT We assemble and describe a sample of 174,782 lawsuits filed against 218,437 public‐company lawsuit‐defendants in federal district court from 2006 to 2021. These lawsuits involve an array of allegations, including product liability, civil rights discrimination, contract breaches, improper compensation and labor practices, antitrust violations ...
MARY BROOKE BILLINGS   +3 more
wiley   +1 more source

The use of derivatives to hedge embedded options : the case of pension institutions in Denmark [PDF]

open access: yes
The main purpose of this paper is to examine the growing use of derivatives by Danish pension institutions as a risk management tool to hedge embedded options on their balance sheets. Throughout the 1980s and 1990s it was a widespread practice for Danish
Ladekarl, Jeppe   +3 more
core  

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