Results 111 to 120 of about 15,930 (298)
Grace Periods in Sovereign Debt [PDF]
Review of International Economics, 1999 This paper presents a theoretical analysis of grace periods in the context of an overhang of external debt creating a tax on domestic investment. The grace period arises as a Nash equilibrium strategy of the creditor in a dynamic, noncooperative game.
openaire +2 more sources
Sovereign Debt Contracts and Financial Stability in Emerging Market Economies [PDF]
This thesis analyzes the influence sovereign debt contracts have on the incidence and the devolution of financial crises in emerging market economies. Chapter 2 focuses on the design of majority action clauses in bond contracts.
Hühnerbein, Ossip Robert
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Business Strategy and the Environment, EarlyView.ABSTRACT Given the growing pressure on companies to achieve high ESG performance while minimising ESG controversies, this study investigates how ESG performance and ESG controversies jointly affect firm financial performance (measured as ROA and ROE), considering the effect of the presence of women directors and of operating in controversial versus non‐
Alice Alosi, Emilia Filippi
wiley +1 more source
The Crisis of Functionalism and the Reform of European Economic Governance
Politeja, 2015 This paper studies the impact of the sovereign debt crisis on the development of the process of European integration and the constitutional framework of the EU.
Luca Lionello
doaj +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines the role of managerial ability in driving environmental performance and overall environmental, social, and governance (ESG) ratings in the context of the European Union sustainability reporting regulations. Using a sample of 7242 firm‐year observations over the period 2015–2023, our results indicate a structural change in ...
Mihaela Ionașcu +2 more
wiley +1 more source
What “Hides” Behind Sovereign Debt Ratings? [PDF]
In this paper we study the determinants of sovereign debt credit ratings using rating notations from the three main international rating agencies, for the period 1995-2005. We employ panel estimation and random effects ordered probit approaches to assess
António Afonso +2 more
core +2 more sources
Ties that bind and blur: financialization and the evolution of sovereign debt as private contract. [PDF]
Rev Evol Polit Econ, 2021 Datz G.
europepmc +1 more source
THE CURRENCY DENOMINATION OF SOVEREIGN DEBT [PDF]
This paper considers the currency composition of sovereign debt in the context of risk-sharing through excusable defaults. It is shown that monetary credibility is not a sufficient condition for borrowing in domestic currency.
Michael Bleaney
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Business Strategy and the Environment, EarlyView.ABSTRACT This study examines the impact of independent female directors (IFDs) on green innovation (GI) among Chinese‐listed firms from 2008 to 2023. Additionally, we investigate the moderating effects of ownership structure and market competition on the relationship between IFD and GI.
Muhammad Usman +4 more
wiley +1 more source
THE SOVEREIGN DEBT CHALLANGE: AN OVERVIEW [PDF]
Recent years have seen profound changes in country risk and its components, in the context of crises multiplication and diversification; the sovereign risk, a main country risk component, has undergone important changes, mainly given by mutations in its ...
Deceanu Liviu - Daniel +2 more
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