Results 191 to 200 of about 472,824 (384)

Renegotiation, Collective Action Clauses and Sovereign Debt Markets [PDF]

open access: yes
Collective action clauses (CACs) are provisions specifying that a supermajority of bondholders can change the terms of a bond. We study how CACs determine governments' fiscal incentives, sovereign bond prices and default probabilities in environments ...
Federico Weinschelbaum, Jose Wynne
core   +3 more sources

Bankruptcy Procedures for Sovereigns: A History of Ideas, 1976-2001 [PDF]

open access: yes
This paper describes the evolution of ideas to apply bankruptcy reorganization principles to sovereign debt crises. Our focus is on policy proposals between the late 1970s and Anne Krueger's (2001) proposed 'Sovereign Debt Restructuring Mechanism," with ...
Jeromin Zettelmeyer, Kenneth Rogoff
core  

The Moderating Role of Strategic Investment in R&D and Advertising in Firms' ESG–Performance Relationship

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This paper examines the association between environmental, social, and governance (ESG) ratings and firm performance, taking into account the role of firms' strategic investments in research and development (R&D) and advertising. Drawing on resource‐based view and signalling theory perspectives and employing the generalised method of moments ...
Syed Zulfiqar Ali Shah   +2 more
wiley   +1 more source

Sovereign debt (re)structuring-Where do we stand? [PDF]

open access: yes
Argentina’s debt default in 2001 moved the international community to launch initiatives to develop procedures for the orderly restructuring of unsustainable sovereign debt.
Weber, P F.
core  

Sequencing Finance for Climate Resilience: Instruments, Institutions and Hong Kong's Role in Mobilising Private Capital in Southeast Asia

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This paper investigates innovative financing strategies to mobilise private capital for climate adaptation, emphasising Hong Kong's role in advancing efforts across Southeast Asia. Using expert interviews and case studies, it addresses two key questions: which financial instruments can strengthen public–private collaboration, and what best ...
Laurence L. Delina   +5 more
wiley   +1 more source

Improving Sovereign Debt Restructurings

open access: yesFederal Reserve Bank of Richmond Working Papers, 2022
Maximiliano Dvorkin   +3 more
openaire   +1 more source

The Future for Eurozone Financial Stability Policy [PDF]

open access: yes
The past few months have exposed serious problems in relation to Europe’s ability to cope with financial stress. Placing the new Financial Stability funds on a permanent basis, in the form of a new European Monetary Fund will be required if Europe is to ...
Karl Whelan
core  

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