Results 141 to 150 of about 8,186 (320)

A Hard Pill to Swallow: Pharmacy Chain Dominance and the Commodification of Mental Health in Peru [PDF]

open access: yesHealth and Human Rights
Peru’s mental health system remains marked by chronic underinvestment, fragmentation, and weak regulation, leaving many without adequate access to care. In this context, private pharmacy chains have become central actors in the provision of mental health
Alberto Vásquez Encalada
doaj  

THE UNDERINVESTMENT PROBLEM, BOND COVENANTS AND INSURANCE

open access: yes
This article complements the earlier work by Mayers and Smith (1987) and Schnabel and Roumi (1989) which showed that a property insurance contract could be used to bond subsequent corporate investment decisions. Although these models suggest one possible
James R. GARVEN, Richard D. MACMINN
core  

CFO overconfidence, environmental violations, and firm performance. The moderating role of constituency statutes

open access: yesEuropean Management Review, EarlyView.
Abstract This study examines the relationship between Chief Financial Officer (CFO) overconfidence and firm performance through the lens of environmental violations and constituency statutes. Drawing on stakeholder and upper echelons theories, we find that firms with overconfident CFOs are more likely to commit environmental violations, which ...
Panagiotis Andrikopoulos   +4 more
wiley   +1 more source

The Effect of Traffic Congestion on Labour Investment Efficiency

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT The study examines the effects of headquarters‐city traffic congestion on labour investment efficiency. The results indicate that firms headquartered in congested cities may engage in inefficient labour investment decisions. Further analysis indicates that the inefficiency is associated with both overinvestment and underinvestment in labour ...
Rajib Chowdhury
wiley   +1 more source

Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk

open access: yesFinancial Management, EarlyView.
ABSTRACT We set up a life cycle model with real interest rate risk to demonstrate that real interest rates have implications for optimal household consumption and investments. Lower interest rates lead to higher optimal stock investments and lower consumption.
Marcel Fischer, Natascha Jankowski
wiley   +1 more source

Control Overhang and Owner Financial Constraints: Evidence From Equity Issuance

open access: yesFinancial Management, EarlyView.
ABSTRACT Under the debt overhang problem, firms approaching distress issue too little equity because new capital primarily benefits creditors. We identify an additional mechanism—control overhang—that further suppresses equity issuance for firms with controlling owners. As distress risk rises, equity issuance discounts steepen, and each unit of capital
Jens Forssbæck   +2 more
wiley   +1 more source

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