Showing 1 - 10 of 4,094
Persistent link: https://www.econbiz.de/10009760622
Persistent link: https://www.econbiz.de/10012174621
Persistent link: https://www.econbiz.de/10012420624
terrorism-stricken areas receive lower takeover premium. The latter finding is reflected in lower target firm abnormal returns … likely takeover targets for two years after the terrorist attack, and acquirers from such areas are more likely to buy target …
Persistent link: https://www.econbiz.de/10012851348
nature of climate risk (i.e. deep uncertainty, non-linearity and endogeneity), and of financial risks (interconnectedness and …, sovereign and corporate bonds), climate scenarios conditioned risk metrics (such as the Climate Spread and the Climate Value-at-Risk …). These allow us to introduce forward-looking climate risk scenarios in the valuation of counterparty risk, in the probability …
Persistent link: https://www.econbiz.de/10012860414
In the presence of managerial short-termism and asymmetric information about skill and effort provision, firms may opportunistically shift earnings from uncertain to more certain times. We document that firms report more negative discretionary accruals when financial markets are less certain...
Persistent link: https://www.econbiz.de/10012997009
Theory suggests that uncertainty can play an important role in determining firms' decisions to shut down operations. In this paper, I provide evidence that input-price uncertainty leads to significant and persistent reductions in plant exits in the context of Brazilian manufacturing. I analyze...
Persistent link: https://www.econbiz.de/10012936858
Persistent link: https://www.econbiz.de/10001704027
consultants) anticipate the critical questions and potential paths that should be addressed regarding antitrust merger risk. This …Estimating antitrust risk is fundamental to identifying, proposing, and pricing deals. A more informed understanding of … affected merger review, investments, decision making, and counsel. The surveys also offer antitrust agencies an opportunity to …
Persistent link: https://www.econbiz.de/10014235831
Persistent link: https://www.econbiz.de/10003324687