Search Results - subject:"Asset Pledgeability"

Corporate pledgeable asset ownership and stock price crash risk

Jung, Hail; Choi, Sanghak; Lee, Junyoup; Woo, Sanggeum - In: Financial innovation : FIN 8 (2022), pp. 1-28

We investigate how a firm's corporate pledgeable asset ownership (CPAO) affects the risk of future stock price crashes. Using pledgeable asset ownership and crash risk data for a large sample of U.S. firms, we provide novel empirical evidence that a firm's risk of a future stock price crash...

Persistent link: https://www.econbiz.de/10013170244

Cross-Border Asset Pledgeability for Enhanced Financial Stability

Choi, Gongpil - In: East Asian Economic Review (EAER) 24 (2020) 1, pp. 89-124

to various shocks. This paper highlights the limited crossborder asset pledgeability as a significant factor for the … pledgeability that is left unaddressed. Asset pledgeability contributes toward financial stability via three channels: 1) capital … and expand the overall asset pledgeability in the region that has remained unduly depressed. …

Persistent link: https://www.econbiz.de/10015398002