Zobrazeno 1 - 8
of 8
pro vyhledávání: '"Steven E. Kozlowski"'
Autor:
Michael Puleo, Steven E. Kozlowski
Publikováno v:
Managerial Finance. 47:1385-1407
PurposeAmid growing attention from investors, regulators and advisory firms in recent years, this study assesses whether managers exploit private information to time share-pledge transactions and extract personal benefits while avoiding unintended ma
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::92dcfdb54429fd653bef0ece40a074d8
https://doi.org/10.1108/mf-06-2020-0322
https://doi.org/10.1108/mf-06-2020-0322
Autor:
Michael Puleo, Steven E. Kozlowski
Publikováno v:
Managerial Finance. 47:1168-1193
PurposeThis paper examines the relation between takeover likelihood and the documented underperformance of distressed company stocks while exploring two competing hypotheses. The failure risk explanation predicts lower returns to distressed firms wit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0e43fb1dbe5c07eb5d757a35472429cb
https://doi.org/10.1108/mf-12-2019-0621
https://doi.org/10.1108/mf-12-2019-0621
Publikováno v:
Financial Review. 56:511-533
Using new data on S&P 1500 firms’ CEO-to-employee pay ratios disclosed by mandate of Section 953(b) of the Dodd-Frank Act, we examine the effect of within-firm pay inequality on bond yield spreads. We find a significant negative relation between in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1a949f24306a4f7d9eae829a7a00ccc3
https://doi.org/10.1111/fire.12256
https://doi.org/10.1111/fire.12256
Publikováno v:
Accounting & Finance. 61:1047-1079
We examine how corporate insiders pledging their equity stakes to collateralise personal loans influences firm cost of debt. Pledging enables managers to diversify personal holdings, potentially increasing risk‐taking incentives. However, exposure
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b4f8cea36ff07558f0955234a7f75833
https://doi.org/10.1111/acfi.12603
https://doi.org/10.1111/acfi.12603
Using political corruption conviction data from the U.S. Department of Justice, we examine the impact of local corruption on firms’ debt maturity structure while exploring both demand-side and supply-side explanations. Our results support the deman
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f280468dadd40d99aa541f8b384ec6f3
Publikováno v:
SSRN Electronic Journal.
Using new data on S&P 1500 firms’ CEO-to-employee pay ratios disclosed by mandate of Section 953(b) of the Dodd-Frank Act, we examine the effect of within-firm pay inequality on bond yield spreads. We find a significant negative relation between in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::88f47c89f2824138ecc59df018394519
https://doi.org/10.2139/ssrn.3766509
https://doi.org/10.2139/ssrn.3766509
Autor:
Steven E. Kozlowski, Thaddeus Sim
Publikováno v:
Journal of Applied Statistics. 46:1323-1335
The yield spread, measured as the difference between long- and short-term interest rates, is widely regarded as one of the strongest predictors of economic recessions. In this paper, we propose an ...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6485df961733ab8c9dc771118594090a
https://doi.org/10.1080/02664763.2018.1537364
https://doi.org/10.1080/02664763.2018.1537364
Publikováno v:
Journal of Banking & Finance. 130:106186
We provide evidence that discretionary loan loss provisions (DLLP) convey value-relevant information to the market that is highly dependent upon the state of the economy. DLLP is associated with negative abnormal returns during bad economic states ch
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::13612ace3d3290ca5911fd35b57c4111
https://doi.org/10.1016/j.jbankfin.2021.106186
https://doi.org/10.1016/j.jbankfin.2021.106186