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Autor:
Luca Enriques
Publikováno v:
European Company and Financial Law Review. 17:257-273
This essay argues that, to address the Covid-19 crisis, in addition to creating a special temporary insolvency regime, relaxing provisions for companies in the vicinity of insolvency, and enabling companies to hold virtual meetings, policymakers shou
Publikováno v:
EUROPEAN RESEARCH STUDIES JOURNAL. :151-175
Purpose: We examine the mechanism of intercorporate lending outside the business group, and a reaction of capital expenditures (CAPEX) and capital engagement in other firms to shocks in the provision of such loans. We diagnose the causes and effects
Autor:
Omar Daniel Apolinario Zatizabal, Ana Mariang Benítez Morán, Galo Mauricio Duran Salazar, María Lisbeth Carrera Gómez
Publikováno v:
INNOVA Research Journal. 5:76-85
La presente investigación tuvo por objetivo, analizar el costo financiero en el que incurrió una Pymes durante los años 2014-2015-2016, revisando indicadores financieros y estimando la tasa de interés de los préstamos bancarios obtenidos, para l
Autor:
Thomas H. Noe, Sudipto Dasgupta
Publikováno v:
Management Science. 65:1810-1832
We examine the consequences of pay activism (shareholder democracy) in a model where some forms of compensation (discretionary pay) are unrelated to performance, yet maximize shareholder welfare. Pay is set by a board that can either be aligned with
Autor:
Hye Young You, Geeyoung Min
Publikováno v:
The Journal of Legal Studies. 48:81-116
This article reveals the positions of corporations not only as active players in politics but also as targets of activist shareholders with opposing political preferences. We examine whether a firm's political orientation, as measured by its politica
Autor:
Vaz Diéguez, Esther
Publikováno v:
RUC. Repositorio da Universidade da Coruña
instname
RUC: Repositorio da Universidade da Coruña
Universidade da Coruña (UDC)
instname
RUC: Repositorio da Universidade da Coruña
Universidade da Coruña (UDC)
[Resumen]: La internacionalización de las economías nacionales es ya un acontecimiento consolidado en los mercados, ante el cual la regulación fiscal asume un papel transcendental. En este contexto, las políticas ficales no pueden solo ser plante
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::948d0fee62f4699a111383a21b0cb2c5
https://hdl.handle.net/2183/26653
https://hdl.handle.net/2183/26653
Autor:
Luc Renneboog, Peter G. Szilagyi
Publikováno v:
Journal of International Financial Markets, Institutions and Money, 64(100776):100776. Elsevier BV
This paper reopens the debate on the substitutability of dividends and shareholder control in mitigating free cash flow concerns, by examining dividend behavior when shareholder control is restricted in the firm. We consider the stakeholder-oriented
Autor:
R.J. de Weijs
Publikováno v:
European Company and Financial Law Review, 15(2). De Gruyter
In essence, insolvency law is collective debt collection law. By means of a collective procedure, insolvency law seeks to ensure that the going concern value is captured for the creditors. Where the shareholders possess the dominant voice outside of
Autor:
Hubert Tchakoute Tchuigoua
Publikováno v:
The Quarterly Review of Economics and Finance. 67:237-244
Which characteristics of microfinance institutions affect the choice of a decentralized loan approval process? That is the main question this article attempts to answer. A second concern is whether the choice of allocating the loan approval decision