Results 91 to 100 of about 15,930 (298)

Co-ordination failure, moral hazard and sovereign bankruptcy procedures [PDF]

open access: yes, 2002
We study a model of sovereign debt crisis that combines problems of creditor co-ordination and debtor moral hazard. Solving the sovereign debtor’s incentives leads to excessive ‘rollover failure’ by creditors when sovereign default occurs. We discuss how
Miller, Marcus   +5 more
core   +1 more source

ESG Assurance and Dividends: Evidence From 18 Countries in Africa

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This study examines the impact of environmental, social and governance (ESG) assurance on a firm's dividend payout policies within the unique African context. Using a staggered difference‐in‐differences (DiD) model, this study examines how voluntary third‐party assurance of ESG reports influences firms' dividend payout policies compared to ...
Samuel Karanja Kogi, June Cao
wiley   +1 more source

Sovereign debt

open access: yes
Abstract Geoeconomic shocks in the 1970s, including oil price hikes and declining commodity prices, drove many countries to unsustainable debt levels by the early 1980s. While the established global norm then was that debtors should pay back their creditors, high levels of debt threatened the stability of the global economy.
James Thuo Gathii, Harrison Otieno Mbori
  +5 more sources

A socio-economic rights centred evaluation of Kenya’s law and practice on sovereign debt acquisition, servicing and restructuring

open access: yesKabarak Law Review
This paper addresses Kenya’s rising sovereign debt burden and its implications for socio-economic rights. Despite constitutional mandates to safeguard these rights, Kenya’s debt accumulation and management practices seem to prioritise servicing ...
Alex Melonye Tamei
doaj  

'Rules of Thumb' for Sovereign Debt Crises [PDF]

open access: yes
Sovereign Default, Debt ...
Paolo Manasse, Nouriel Roubini
core  

Green Innovation and Firm Efficiency: The Role of Institutional Quality in Italian High‐Tech Manufacturing Sectors

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT The aim of this research is to verify whether institutional quality affects the relationship between green innovation and firm efficiency within the high‐tech manufacturing sectors. To estimate jointly the parameters of a stochastic frontier and the coefficients of a model explaining technical inefficiency, we employed the one‐step estimation ...
Mariarosaria Agostino   +2 more
wiley   +1 more source

Enforcing sovereign debt in court

open access: yesUniversity of Vienna Law Review, 2018
no abstract ...
Sebastian Grund
doaj   +1 more source

Beyond Profit: Do Mergers and Acquisitions and the Board of Directors Increase the Environmental, Social, and Governance?

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This study examines the relationship between mergers and acquisitions (M&A), board characteristics, and ESG performance in BRICS companies, considering the moderating role of sectoral sensitivity. The study analyzes 11,402 observations from 2293 BRICS companies, employing Two‐Stage Least Squares (2SLS) to address endogeneity and logistic ...
Geovane Camilo dos Santos   +2 more
wiley   +1 more source

Home - About - Disclaimer - Privacy