搜索结果: 1-15 共查到“货币银行学 Firms”相关记录18条 . 查询时间(0.125 秒)
We present new stylized facts on bank and rm leverage during the period 2000{2009 using
internationally comparable micro level data from many countries. We document the following
patterns: a) there...
Recently there has been a signi"cant decline in the degree to which "rms &pass through'
changes in costs to prices, a decline that is frequently characterized as a reduction in the
&pricing power' o...
Firms and Credit Constraints along the Global Value Chain: Processing Trade in China
global value chain processing trade
2015/7/21
Global value chains (GVCs) allow firms to produce and export final goods, or to perform
only intermediate stages of production by processing imported inputs for re-exporting. We examine
how financ...
Credit Constraints, Heterogeneous Firms, and International Trade
Heterogeneous Firms nternational Trade
2015/7/21
Financial market imperfections severely restrict international trade áows because
exporters require external capital. This paper identiÖes and quantiÖes the three
mechanisms through which ...
The Use of Broker Votes to Reward Brokerage Firms' and Their Analysts' Research Activities
Markets For Information Sell-Side Analysts Commissions Broker Votes Compensation
2015/4/29
In traditional markets, the price mechanism directs the flow of resources and governs the process through which supply and demand are brought into equilibrium. In the investment-research industry, bro...
What Makes the Bonding Stick? A Natural Experiment Involving the U.S. Supreme Court and Cross-Listed Firms
Judgments Learning Business Processes Organizational Culture Failure Performance Improvement Opportunities Complexity
2015/4/24
On March 29, 2010, the U.S. Supreme Court signaled its intention to geographically limit the reach of the U.S. securities antifraud regime and thus differentially exclude U.S.-listed foreign firms fro...
Do Firms Want to Borrow More? Testing Credit Constraints Using a Directed Lending Program
Banking Credit constraints India misallocation
2014/9/9
This article uses variation in access to a targeted lending program to estimate whether firms are credit constrained. While both constrained and unconstrained firms may be willing to absorb all the di...
Yesterday's Heroes: Compensation and Risk at Financial Firms
financial crisis executive compensation
2014/3/18
Many believe that compensation, misaligned from shareholder value due to managerial entrenchment, caused some financial firms to take creative risks before the Financial Crisis of 2008. We argue inste...
Firms as Surrogate Intermediaries: Evidence from Emerging Economies
Surrogate Intermediaries Emerging Economies
2014/3/18
A firm can finance investment either by borrowing or by drawing on cash balances,
so that financial asset and liability changes tend to have opposite signs. In contrast,
fina...
Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms
Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms
2013/7/24
Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms。
Next Generation Online Channel Reporting for Banking and Investment Firms
customer relationship management financial services industry Financial firms improving customer interactions
2011/10/5
The article focuses on customer relationship management in the financial services industry. Financial firms must shift into a customer centric approach to achieve organic growth by improving customer ...
Do Firms Target Credit Ratings or Leverage Levels?
Firms reduce leverage credit rating downgrades net equity assets compared Rating upgrades
2011/9/2
Firms reduce leverage following credit rating downgrades. In the year following a downgrade, downgraded firms issue approximately 1.5%--2.0% less net debt relative to net equity as a percentage of ass...
Do Firms Incur Costs to Avoid Reducing Pre-Tax Earnings? Evidence from the Accounting for Low-Income Housing Tax Credits
earnings management expense classification pre-tax earnings tax credit
2011/9/2
Examining corporate investment in low-income housing tax credits reveals that firms are willing to incur costs in order to manage the income statement classification of an expense. Accounting rules al...
Is There a Cost Channel of Monetary Policy Transmission? An Investigation into the Pricing Behavior of 2,000 Firms
monetary transmission cost channel working capital
2011/8/21
The paper exploits a unique panel, covering some 2,000 Italian manufacturing firms and 14 years of data on individual prices and individual interest rates paid on several types of debt, to address the...
Implications for brokerage firms’ financial disclosures: From CSR perspectives
fi nancial disclosures brokerage fi rms CSR practices perceived trust
2011/8/21
Given the importance of transparency in today's financial environment, it is surprising that limited research has examined investors’ attitudes toward brokerage firms’ financial disclosures and how th...