Showing 1 - 10 of 459
behind governance transparency is product market competition. Tougher competition leads to more firms competing for funding …
Persistent link: https://www.econbiz.de/10010148154
In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77–99, 2007) show that information sharing increases banks’ profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case...
Persistent link: https://www.econbiz.de/10010148159
Nach einer Serie von Lebensmittelskandalen ist das Vertrauen der Verbraucher in die Industrie erschüttert. Kritik schlägt dabei nicht nur den Herstellern selbst, sondern auch den Anbietern von Gütesiegeln entgegen, die Produkte leichtfertig zertifiziert haben. Die Rufe nach gesteigerter...
Persistent link: https://www.econbiz.de/10010148248
Disclosure of private medical information allows insurance companies to better predict medical expenditures. The premiums the companies charge the insured employees reflect these expenditures. This paper studies incentives of employees to disclose their medical information. I find that healthier...
Persistent link: https://www.econbiz.de/10010097676
, the focus is on empirical test of signaling theory. This theory says that the payment of dividends provides information … dividend and earning. It means that dividend has information content about return and earning and so, signaling theory was …, signaling theory was not approved. In addition to, there was a significantly positive relationship between dividend and size. It …
Persistent link: https://www.econbiz.de/10010058681
Commercial banks are typical hierarchical organizations, in which the multipleprincipal-agent problem exists and induces serious internal collusive corruption. This article analyzes the collusive corruption between credit supervisors and credit managers in bank credit activities, through three...
Persistent link: https://www.econbiz.de/10010009110
multiple event-windows that are employed and therefore, the null hypothesis, which supports the irrelevance theory as …
Persistent link: https://www.econbiz.de/10009958058
The main objective of this paper is to determine if it is possible to find within the credit market any restrictions, for instance to credit concessions and its commercial conditions to more little firms or to those that do not have a strong relationship whit their usual banks, and, if the...
Persistent link: https://www.econbiz.de/10009958316
The purpose of this paper is to investigate the effects of stock recommendations in returns and trading volumes. Unlike previous research we have investigated the five most usual types of recommendations: buy, outperform, hold, underperform and sell. The methodology we propose is also different...
Persistent link: https://www.econbiz.de/10009959099
In this paper the author compared 13stock exchange indexes of American, British and German markets and determined their impact on Polish Wig and WIG20 indexes. The analysis proved that the British FTSE100 and FTSE250 as well as the German DAX had the biggest influence on the Warsaw indexes. The...
Persistent link: https://www.econbiz.de/10009959710