Zobrazeno 1 - 10
of 77
pro vyhledávání: '"Gaiyan Zhang"'
Publikováno v:
Journal of Financial Research.
Publikováno v:
The Review of Corporate Finance Studies.
We analyze how creditor rights affect the nonsynchronicity of global corporate credit default swap spreads (CDS-NS). CDS-NS is negatively related to the country-level creditor-control rights, especially to the “restrictions on reorganization” com
Publikováno v:
Pacific Economic Review. 27:194-220
Publikováno v:
Emerging Markets Finance and Trade. 56:2007-2026
This paper examines the dynamics, direction, and determinants of industry return predictability in Chinese stock markets during the period 1993–2015. Using the dynamic approach, we find that indust...
Publikováno v:
Journal of Financial Intermediation. 51:100958
Publikováno v:
Journal of bankingfinance.
We examine the impact of the COVID-19 pandemic on the credit risk of companies around the world. We find that increased infection rates affect firms more adversely as reflected by the wider increase in their credit default swap (CDS) spreads if they
Publikováno v:
SSRN Electronic Journal.
This paper investigates how explicit deposit insurance (EDI) scheme in place influence bank lending during the global financial crisis. Earlier studies reveal tightened overall corporate lending, even lesser amount to foreign borrowers (a “flight h
Publikováno v:
Journal of Financial Stability. 58:100838
China’s climb to a trading powerhouse has changed its position in the world and therefore its relationships with other economies. As a result, its sovereign credit risk, which we measure by the pricing of its credit default swaps (CDS), now has the
Publikováno v:
Journal of Money, Credit and Banking. 51:1021-1043
Do prior lending relationships result in pass‐through savings (lower interest rates) for borrowers, or do they lock in higher costs for borrowers? Theoretical models suggest that when borrowers experience greater information asymmetry, higher switc
Publikováno v:
SSRN Electronic Journal.
This research analyzes how experiencing a natural disaster influences individual investor trading in the stock market. Exploiting a unique stock trading dataset of retail investors in Taiwan, we determine that individual investors who experienced maj