We quantify the effect of exchange rate fluctuations on firm leverage. When home currency appreciates, firms who hold foreign currency debt and local currency assets observe higher net worth as appreciation lowers the value of their foreign currency debt. These firms can borrow more as a result...

This study explores the influence of customer concentration on analyst following based on Chinese listed companies. Companies with higher customer concentrations have lower degrees of analyst following. The suppression effect of customer concentration on analyst following is more significant in...

Das ehemals auf dauerhafte Vollzeitbeschäftigung zugeschnittene Erwerbssystem hat dazu beigetragen, in Deutschland das Ausmaß sozialer Ungleichheit zu begrenzen; Ausbildung und Beruf sorgten in der Regel für verlässliche Positionen in der gesellschaftlichen Sozialstruktur und waren mit...