Results 101 to 110 of about 1,231 (218)
Naive independent directors, corporate governance and firm performance. [PDF]
Front Psychol, 2022 Chen G, Chen X, Wan P.
europepmc +1 more source
Lost in the Noise: How IPO Suspensions Distract Venture Capitalists From Monitoring Portfolio Firms
Journal of Business Finance &Accounting, EarlyView.ABSTRACT We examine how regulatory suspensions of initial public offerings (IPOs) affect venture capitalists’ (VCs’) post‐IPO monitoring of portfolio firms in China. Using a difference‐in‐differences design that exploits three major IPO suspension episodes as quasi‐natural experiments, we provide causal evidence that these shocks divert VCs’ attention ...
Ao Li +3 more
wiley +1 more source
Bankruptcy Experience and Corporate Hedging
Journal of Business Finance &Accounting, EarlyView.ABSTRACT We examine whether managers’ prior exposure to corporate bankruptcy shapes corporate risk‐management policies. Using detailed executive employment histories and hand‐collected derivative disclosures for a large sample of US public firms, we find that firms led by bankruptcy‐experienced (BE) CEOs are more likely to use cash‐flow hedges and ...
Taoran Guo, Abe de Jong, Lubna Rahman
wiley +1 more source
The Effects of Regulatory Office Closures on Bank Behavior
Journal of Money, Credit and Banking, EarlyView.Abstract We investigate if the decentralized structure of regulatory office networks influences supervisory outcomes and bank behavior. Following the closure of an office, banks previously supervised by that office increase their lending and risk‐taking.
IVAN LIM, JENS HAGENDORFF, SETH ARMITAGE
wiley +1 more source
Risk, Specialization, and Covered‐Interest Parity
The Journal of Finance, EarlyView.ABSTRACT Prevailing theories of financial intermediation assume an integrated financial sector with frictionless risk‐sharing. However, we identify substantial risk‐sharing frictions linked to intermediary specialization using currency derivatives markets as a laboratory. Using confidential supervisory data covering $25 trillion in daily bank exposures,
TOBIAS J. MOSKOWITZ +3 more
wiley +1 more source
Governing Reserves: Managerial Discretion and Government Creditworthiness
Public Administration Review, EarlyView.ABSTRACT A government's ability to generate surpluses and build reserves reflects prudent financial management, with the accumulation of reserves signaling sound budgeting practices. Reserves are essential for sound fiscal governance during economic downturns, and managerial discretion over these resources is crucial to minimizing disruptions in ...
Sharon N. Kioko, Temirlan T. Moldogaziev
wiley +1 more source
Monitoring Quality of Mafia‐Connected Accountants
Journal of Accounting Research, Volume 64, Issue 5, Page 1989-2031, December 2026.ABSTRACT We investigate the monitoring quality of accountants with ties to the Mafia in their role as auditors for “clean” firms—those with no known ties to organized crime. Using a proprietary government database, we identify Italian firms with alleged ties to the Mafia through their executives, directors, or shareholders.
Pietro A. Bianchi +3 more
wiley +1 more source
Is state-owned enterprise merging private enterprise "market choice" or "space crowding" ? -Based on the motives of equity transfer of mixed-ownership enterprises. [PDF]
Heliyon, 2023 Mei-Sheng D +3 more
europepmc +1 more source
Economics &Politics, Volume 38, Issue 3, Page 870-886, November 2026.ABSTRACT Research on corporate political strategy emphasizes firm—government engagement but largely treats governments as unitary and political alignment as stable. Drawing on stakeholder theory and the behavioral theory of the firm (BTOF), this study challenges these assumptions by examining how resource‐constrained small private firms navigate ...
Lee Li, Gongming Qian
wiley +1 more source
Analyzing the Effectiveness of Finance in Supply Chain in Solving the Financing Difficulties of SMEs Based on Grey Theory Model. [PDF]
Comput Intell Neurosci, 2022 Piao G, Xiao B.
europepmc +1 more source