Zobrazeno 1 - 10
of 18
pro vyhledávání: '"Charlotte Ostergaard"'
Publikováno v:
BASE-Bielefeld Academic Search Engine
We study how small firms manage cash flows by estimating cash flow sensitivities for all sources and uses of cash. Our data are Norwegian non-listed firms which can be matched to the banks they borrow from. Firms with low cash holdings mainly use ext
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f9ee4d04b2fbdc6ae61fd8300b006c5c
https://doi.org/10.1504/ijbaaf.2020.104483
https://doi.org/10.1504/ijbaaf.2020.104483
Publikováno v:
Review of Finance
This is the accepted and refereed manuscript to the article We show that social capital improves the viability of stakeholder-oriented rms operating in competitive markets. Studying exits from the population of Norwegian savings banks after deregulat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a21eeb60991627cc357cd55574adf398
https://doi.org/10.1093/rof/rfv047
https://doi.org/10.1093/rof/rfv047
Publikováno v:
The Review of Financial Studies
This is the authors’ accepted, refereed and final manuscript to the article Blockholders' incentives to intervene in corporate governance are weakened by free-rider problems and high costs of activism. Theory suggests activists may recoup expenses
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4b8da8d195e36dfaed0dd3ce111758b7
http://hdl.handle.net/10.1093/rfs/hhu070
http://hdl.handle.net/10.1093/rfs/hhu070
Publikováno v:
SSRN Electronic Journal.
We study under which circumstances firms choose to install boards and their roles in a historical setting in which neither boards nor their duties are mandated by law. Boards arise in firms with large, heterogeneous shareholder bases. We propose that
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0935aaccbe0cb5b89a8a541ed969dc9d
https://doi.org/10.2139/ssrn.2902617
https://doi.org/10.2139/ssrn.2902617
Publikováno v:
International Finance. 13:79-108
Taking the mean-variance portfolio model as a benchmark, we compute the optimally diversified portfolio for banks located in France, Germany, the U.K., and the U.S. under different assumptions about currency hedging. We compare these optimal portfoli
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::603b02bb2bb01da02644b2221c4d638a
https://doi.org/10.1111/j.1468-2362.2010.01253.x
https://doi.org/10.1111/j.1468-2362.2010.01253.x
Publikováno v:
The Journal of Finance. 62:2763-2801
We estimate the effects of deregulation of U.S. banking restrictions on interstate personal income insurance for the period 1970 to 2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific output sho
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::67750f53cbe380f25d0fff929795dc31
https://doi.org/10.1111/j.1540-6261.2007.01292.x
https://doi.org/10.1111/j.1540-6261.2007.01292.x
Publikováno v:
Journal of Political Economy. 110:634-645
State-level consumption exhibits excess sensitivity to lagged income to the same extent as US aggregate data, but state-specific (idiosyncratic) consumption exhibits substantially less sensitivity to lagged state-specific income---a result that also
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ebec00a06dc8a153b7a2a86a9b0df7a7
https://doi.org/10.1086/339724
https://doi.org/10.1086/339724
Publikováno v:
SSRN Electronic Journal.
We study how nonlisted firms trade off financial, real, and distributive uses of cash. We show that firms' marginal value of cash (MVC) affects the mix of external and internal finance used to absorb fluctuations in cash flows; in particular, high-MV
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::cef98524fcf526a41cabd0d1265e60bb
https://doi.org/10.2139/ssrn.1982140
https://doi.org/10.2139/ssrn.1982140
Publikováno v:
SSRN Electronic Journal.
Blockholders' incentives to intervene in corporate governance are weakened by free-rider problems and high costs of activism. Theory suggests activists may recoup expenses through informed trading of target firms' stock when stocks are liquid. We sho
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c0b3cadc4148480445f616c38888ba7d
https://doi.org/10.2139/ssrn.1344407
https://doi.org/10.2139/ssrn.1344407
Autor:
Charlotte Ostergaard, David C. Smith
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::17fd12469456ee89c0bab74d97dcda7f
https://doi.org/10.2139/ssrn.1344344
https://doi.org/10.2139/ssrn.1344344