Money has been the foundational layer for economic activity throughout the history of human civilisations. Sound money that can be reliably used as a store of value, a medium of exchange and a unit of account is critical for economic development and prosperity. Many types of monetary technology...

We employ a sample of 10,136 Italian micro-, small-, and mid-sized enterprises (MSMEs) that borrow from 113 cooperative banks to examine whether market pricing of publicly listed firms adds additional information to accounting measures in predicting default of private unlisted firms. Through a...

Gender bias in leadership and decision-making is a well-documented and pervasive topic that continues to garner significant attention in academic research and business literature. In this paper, by exploiting a unique proprietary dataset of 550 mid-corporate loan applications managed by a major...