Search Results - "Financial management"

The end of ESG by Edmans, Alex

“…ESG is both extremely important and nothing special. It's extremely important because it's critical to long‐term value, and so any academic or practitioner…”
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Financial literacy and financial resilience: Evidence from around the world by Klapper, Leora, Lusardi, Annamaria

“…We measure financial literacy using questions assessing basic knowledge of four fundamental concepts In financial decision making: knowledge of interest rates,…”
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Crowdfunding models: Keep-It-All vs. All-Or-Nothing by Cumming, Douglas J., Leboeuf, Gaël, Schwienbacher, Armin

“…Reward-based crowdfunding campaigns are commonly offered in one of two models via fundraising goals set by an entrepreneur: "Keep-lt-All" (KIA), where the…”
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The roles of alternative data and machine learning in fintech lending: Evidence from the LendingClub consumer platform by Jagtiani, Julapa, Lemieux, Catharine

“…There have been concerns about the use of alternative data sources by fintech lenders. We compare loans made by LendingClub and similar loans that were…”
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Does Corporate Social Responsibility (CSR) Improve Credit Ratings? Evidence from Geographic Identification by Jiraporn, Pornsit, Jiraporn, Napatsorn, Boeprasert, Adisak, Chang, Kiyoung

“…We show that a firm's CSR policy is significantly influenced by the CSR policies of firms in the same three-digit zip code, an effect possibly due to investor…”
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Ultimate ownership and bank competition by Azar, José, Raina, Sahil, Schmalz, Martin

“…We document substantial time‐series and cross‐sectional variation in branch‐level deposit account interest rates, maintenance fees, and fee thresholds, and…”
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Competition, Efficiency, and Stability in Banking by Schaeck, Klaus, Cihák, Martin

“…We examine the effect of competition on banking stability using a new measure of competition based on the reallocation of profits from inefficient banks to…”
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Learning and predictability via technical analysis: Evidence from bitcoin and stocks with hard‐to‐value fundamentals by Detzel, Andrew, Liu, Hong, Strauss, Jack, Zhou, Guofu, Zhu, Yingzi

“…What predicts returns on assets with “hard‐to‐value” fundamentals such as Bitcoin and stocks in new industries? We are the first to propose an equilibrium…”
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The Impact of Corporate Social Performance on Financial Risk and Utility: A Longitudinal Analysis by Oikonomou, Ioannis, Brooks, Chris, Pavelin, Stephen

“…This study focuses on the wealth-protective effects of socially responsible firm behavior by examining the association between corporate social performance…”
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Cryptocurrencies: Stylized facts on a new investible instrument by Hu, Albert S., Parlour, Christine A., Rajan, Uday

“…We present stylized facts on the asset pricing properties of cryptocurrencies: summary statistics on cryptocurrency return properties and measures of common…”
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Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance by Francis, Bill, Hasan, Iftekhar, Wu, Qiang

“…We find that companies with directors from academia are associated with higher performance. This relation is driven by professors without administrative…”
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Climate change and corporate cash holdings: Global evidence by Javadi, Siamak, Masum, Abdullah‐Al, Aram, Mohsen, Rao, Ramesh P.

“…Using data from 41 countries, we provide novel empirical evidence that firms’ cash holdings are positively associated with their climate change exposure. This…”
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The future of fintech by Das, Sanjiv R.

“…This article describes the growing field of financial technology (fintech) and the different financial paradigms and technologies that support it. Fintech is…”
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Differences between Politically Connected and Nonconnected Firms: A Cross-Country Analysis by Faccio, Mara

“…Evidence from firms in 47 countries shows that companies with political connections have higher leverage and higher market shares, but they underperform…”
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Russia–Ukraine crisis: The effects on the European stock market by Ahmed, Shaker, Hasan, Mostafa M., Kamal, Md Rajib

“…We examine the effect of the Russia–Ukraine crisis on the European stock markets. Because of increased political uncertainty, geographic proximity and the…”
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The Economics of Director Heterogeneity by Anderson, Ronald C., Reeb, David M., Upadhyay, Arun, Zhao, Wanli

“…We investigate the potential costs and benefits of firms constituting a heterogeneous pool of directors relative to more homogeneous boards. We measure…”
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Jockeying for Position in CEO Letters: Impression Management and Sentiment Analytics by Boudt, Kris, Thewissen, James

“…This paper evidences the strategic positioning of positive and negative words within a CEO letter as a subtle form of impression management. We find that…”
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Estimating contagion mechanism in global equity market with time‐zone effect by Wu, Boyao, Huang, Difang, Chen, Muzi

“…Abstract This paper proposes a time‐zone vector autoregressive (VAR) model to investigate comovements in the global financial market. Analyzing daily data from…”
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On a stakeholder model of corporate governance by Karpoff, Jonathan M.

“…Rationales for a stakeholder model of corporate governance are based on enlightened self‐interest, moral imperative, and/or externalities. Of these, the…”
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The Global Financial Crisis, Family Control, and Dividend Policy by Attig, Najah, Boubakri, Narjess, El Ghoul, Sadok, Guedhami, Omrane

“…Using newly collected data on the ultimate ownership structure of publicly traded firms in nine East Asian economies, we find that family control is negatively…”
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