Results 61 to 70 of about 76,142 (275)

Does legal protection of trade secrets reduce the cost of debt? Evidence from the inevitable disclosure doctrine

Journal of Financial Research, EarlyView.
Abstract We examine the effect of the inevitable disclosure doctrine (IDD) on cost of debt. Our difference‐in‐differences analyses reveal that the IDD significantly reduces the loan spread for borrowers in adopting states. To elucidate the mechanisms of such finding, we find that the IDD's effect is weaker in industries with high management turnover ...
Haiyan Jiang, Carl Hsin‐han Shen, Qing (Clara) Zhou   +2 more
wiley   +1 more source

Central Bank Purchases and Corporate Bond Issuance during the Pandemic: The Case of Japan

Journal of Financial Research, EarlyView.
Abstract In its massive purchases of corporate bonds during the COVID‐19 pandemic, the Bank of Japan set the maximum eligible remaining maturity at 5 years. I document that during the postpandemic period, Japanese firms increased bond issuance, with the increase concentrated in (1) issuance of bonds with eligible maturities (1–5 years) and (2 ...
Yusuke Tsujimoto
wiley   +1 more source

Time-frequency and quantile analysis of uncertainty indicators’ effects on the US REIT market: Evidence from wavelet-based approaches

International Journal of Strategic Property Management
This paper employed wavelet coherence analysis, wavelet quantile correlation and wavelet local multiple correlation to systematically investigate the influence of multiple types uncertainty indicators on the US REITs market.
Hongjun Zeng, Huifang Liu, Han Yan, Shenglin Ma   +3 more
doaj   +1 more source

An Examination of Informed Traders and the Market Microstructure of Real Estate Investment Trusts [PDF]

A significant body of research exists documenting that REITs perform differently from other types of equity securities, although the reasons for these differences are unclear.
Joseph K. Kiely, Scott D. Below, Willard McIntosh   +2 more
core  

Proximity to War: The Stock Market Response to the Russian Invasion of Ukraine

Journal of Money, Credit and Banking, EarlyView.
Abstract We identify a “proximity penalty” in the stock market response to the Russian invasion of Ukraine: the closer countries are to Ukraine, the lower their equity returns in a four‐week window around the start of the war. This result holds even at the firm level within Ukraine's neighbors. Trade linkages explain two‐thirds of the proximity penalty.
JONATHAN FEDERLE, ANDRÉ MEIER, GERNOT J. MÜLLER, VICTOR SEHN   +3 more
wiley   +1 more source

REIT and REOC Systematic Risk Sensitivity [PDF]

Real Estate Investment Trusts (REITs) and Real Estate Operating Companies (REOCs) seem to have different systematic risk levels even though both invest almost exclusively in real estate related assets.
Natalya Delcoure, Ross Dickens
core  

Impact of Financial Advice on Investment Consistency: Evidence From ESG and Cryptocurrency Investors

Journal of Public Affairs, Volume 26, Issue 2, May 2026.
ABSTRACT As individual investors increasingly flock toward cryptocurrency and Environmental, Social, and Governance (ESG) products, understanding the drivers behind these choices is critical for market stability. This study utilizes nationally representative data from the 2021 and 2024 National Financial Capability Study (NFCS) Investor Surveys to ...
Vikesh Kumar, Khalid Ahmed
wiley   +1 more source

Causal Relationship between N-REIT's Dividend Yield and Money Market Indicators

Journal of African Real Estate Research, 2019
This paper examined the relationship between the Nigerian Real Estate Investment Trusts (N-REITs) and Money Market Indicators (MMIs) which comprise of: Currency in Circulation (CIC), Broad Money Supply (BMS), Corporate-private Sector (CPS), Prime Lending
Olusegun Olaopin Olanrele, Tomisi Olusegun Adegunle, Oluwatosin Babatola Fateye, Cyril Ayodele Ajayi, Rosli Said   +4 more
doaj   +1 more source

REIT Pricing Efficiency; Should Investors Still Be Concerned? [PDF]

This study examines the impact of the REIT boom on the market microstructure of REIT common stocks. We analyze NYSE-traded REITs during the pre-boom period (1992) and the post-boom period (1994), and find significant reductions in bid/ask spreads over ...
Joseph K. Kiely, Scott D. Below, Willard McIntosh   +2 more
core  

DAS HANDWERK DES ERZÄHLENS. POETOLOGISCHE ENTWÜRFE IN UWE TIMMS ALLE MEINE GEISTER

German Life and Letters, Volume 79, Issue 2, Page 259-280, April 2026.
Abstract Uwe Timm's autobiographical story Alle meine Geister, published in 2023, describes how Timm became an author. The story unfolds through explicit and implicit reflections on the nature and art of oral and written storytelling, against the backdrop of the author's apprenticeship and self‐employment as a furrier in the late 1950s and early 1960s.
Christoph Seifener
wiley   +1 more source