We investigate why spreads on corporate bonds are so much larger than expected losses from default. Systematic factors make very little contribution to spreads, even if higher moments or downside effects are taken into account. Instead we find that sizes of spreads are strongly related to...

The purposes for this study are: 1) To examine the influence of the management style of restaurant affiliation (chain and independent restaurants) on the relationships between organization citizenship behavior and three factors: a. part-time employee’s perceived supervisor support, b....

Purpose – The purpose of this paper is to provide an overview of previous studies in the field of stakeholder management, and propose implications for the construction industry. Design/methodology/approach – Three major databases are searched: ABI, EI CompendexWeb, and ISI web of knowledge....

Este documento es uno de los primeros en investigar los determinantes en la emisión de bonos por parte de las entidades bancarias europeas. Utilizamos una base de datos única de en torno a 50.000 bonos emitidos por 63 bancos de 14 países europeos para comprobar explícitamente una serie de...