Finance and Accounting: Recent submissions
Now showing items 21-25 of 393
-
Innovation in Private Equity
(Palgrave Macmillan, 15 August 2023)Definition/Description Innovation is critical from the firm perspective as it has consequences for the long-term growth and productivity; however, it is costly investment with uncertain outcome. This entry analyzes the ... -
Information complementarities and the dynamics of transparency shock spillovers
(Wiley, 3 October 2023)We show that information complementarities play an important role in the spillover of transparency shocks. We exploit the revelation of financial misconduct by S&P 500 firms, and in a “Stacked Difference-in-Differences” ... -
Should we be conservative or aggressive? SME managers’ responses in a crisis and long-term firm survival
(Wiley / Society for the Advancement of Management Studies, 23 August 2023)Past research shows that during a crisis, managers of publicly-held firms often adopt a “conservative” approach focused on protecting the existing core of their firms by decreasing investments and hoarding precautionary ... -
Bank dividend payout policy and debt seniority: Evidence from US banks
(Wiley, 7 August 2023)Bank depositors and creditors are expected to play an important role in banks’ dividend policy since they can either discipline or incentivise managers to pay larger dividends. We provide evidence suggesting that depositors ... -
On the (almost) stochastic dominance of cryptocurrency factor portfolios and implications for cryptocurrency asset pricing
(Wiley, 1 June 2023)Cryptocurrency returns are highly nonnormal, casting doubt on the standard performance metrics. We apply almost stochastic dominance, which does not require any assumption about the return distribution or degree of risk ...