Showing 151 - 159 of 159
Persistent link: https://www.econbiz.de/10012668210
Using a novel financial data-set which covers an extensive time period between 1995-2012, we test for the impact of currency denomination of bonds on Asian firms' survival probabilities. Our data span two financial crises: the 1997-98 Asian crisis and the 2007-09 global financial crisis. We find...
Persistent link: https://www.econbiz.de/10013014405
Persistent link: https://www.econbiz.de/10015375516
Using granular bank-firm level credit data, we show that the characteristics of bank-firm matches affect firms' access to credit and real outcomes during crises. We identify a set of potential matches in pre-crisis years, and we use them to predict match formation in crisis times. We generate a...
Persistent link: https://www.econbiz.de/10013403292
Persistent link: https://www.econbiz.de/10014327810
Persistent link: https://www.econbiz.de/10015072688
Persistent link: https://www.econbiz.de/10013169741
Using a panel of 6,737 US firms over the period 1980-2019, we are the first to explore the role of firm-level drivers in corporate cash policy applying machine learning models. We find that tangible assets and R&D spending contain information about cash holdings when they are considered both...
Persistent link: https://www.econbiz.de/10014256529
This paper examines how private equity buyouts affect export activity among target firms around the Brexit period. Using data on UK firms for 2012-2019 and difference-in-differences estimations for matched target versus non-target firms, we assess how the unprecedented Leave vote affects...
Persistent link: https://www.econbiz.de/10014257680