The Degradation of Access‐Based Business Models: Customer Misbehavior and Shared Mobility
ABSTRACT Access‐based services are considered one of the strategies to embed sustainability in business models. Yet, because the evolution of these business models has been overlooked, we do not know whether their promise to create triple value is sustained.
Andres Camacho, Carmen Valor
wiley +1 more source
Public debt management before, during and after the crisis [PDF]
During the financial and economic crisis, the public debt ratio in the European Union increased significantly, and public debt management had to be carried out in a completely new and unfavorable environment. The authors of this paper explore the changes
Ana Andabaka Badurina, Sandra Švaljek
doaj
The EMU sovereign-debt crisis: Fundamentals, expectations and contagion [PDF]
We offer a detailed empirical investigation of the European sovereign debt crisis based on the theoretical model by Arghyrou and Tsoukalas (2010). We find evidence of a marked shift in market pricing behaviour from a ‘convergence-trade’ model before ...
Michael G. Arghyrou +1 more
core
The Influence of ESG Controversies on Financing Costs for European Companies: Does Culture Matter?
ABSTRACT This study examines the relationship between environmental, social, and governance (ESG) controversies and corporate financing costs, focusing on the moderating effect of national culture. It analyzes European companies listed on the STOXX 600 Index from 2016 to 2023.
Souad Brinette +2 more
wiley +1 more source
Determing the Role of Debt in the Economy and a New Approach for Solving Sovereign Debt Crises
This paper aims to begin a dialogue on how to seek a longer term solution to the sovereign debt problems in general and those of EU in particular. Although the history of debt crises is quite old, none of the several solutions proposed and tried in the ...
Munawar Iqbal
doaj
THE MONETARY POLICY OF THE EUROPEAN CENTRAL BANK IN THE PERIOD OF SOVEREIGN DEBT CRISIS
. The European Central Bank was forced to start using non-standard measures in order to manage the situation determined by the global financial and sovereign debt crisis, namely to sort out liquidity problems and expand credit supply.
Deimantė Andriuškevičiūtė +1 more
doaj +1 more source
Eurozone sovereign debt restructuring : promising legal prospects? [PDF]
The Eurozone debt crisis has stimulated lively debate on mechanisms for sovereign debt restructuring. The immediate threat of exit and the breakup of the currency union may have abated; but the problem of dealing with significant debt overhang remains.
Miller, Marcus, Thomas, Dania
core
Funding Costs and Liquidity Creation: Does ESG Play Any Role?
ABSTRACT This study examines how banks' funding costs affect liquidity creation and whether environmental, social, and governance (ESG) performance shapes this relationship. Using panel data for 136 U.S. commercial banks from 2005 to 2022, we show that higher funding costs are associated with lower liquidity creation, indicating that more expensive ...
Sattam Bin Kowibeen +2 more
wiley +1 more source
Sovereign Debt Exposure of European Less Significant Banks: Too Small to be Bailed
This paper studies the determinants of the sovereign debt portfolios of small European banks. We cover the time frame from 2010 to 2017, including the peak of the European debt crisis. Our analysis focuses on Less Significant Institutions (LSI), a group
doaj
Conditional eurobonds and the eurozone sovereign debt crisis [PDF]
This paper proposes that all new euro area sovereign borrowing be in the form of jointly guaranteed eurobonds. To avoid classic moral hazard problems and to insure the guarantors against default, each country would pay a risk premium conditional on economic fundamentals to a joint debt management agency.
openaire +4 more sources

