Zobrazeno 1 - 10
of 35
pro vyhledávání: '"Veljko Fotak"'
Publikováno v:
Journal of Financial and Quantitative Analysis. 58:615-646
We study the effect of trust on debt contracting. We find that, after the revelation of option backdating, borrowers that likely backdated their previous option grants pay higher interest rates on loans. This adverse effect is mitigated by CEO replac
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::628577fcad002f6a376f03bbc09ffcce
https://doi.org/10.1017/s0022109022000205
https://doi.org/10.1017/s0022109022000205
Autor:
William L. Megginson, Veljko Fotak
Publikováno v:
Journal of Law, Finance, and Accounting. 6:1-49
Governments around the world are attempting to support individuals’ incomes, rescue distressed businesses, and preserve jobs affected by the coronavirus pandemic by adopting fiscal stimulus programs of unprecedented scale. Although the bulk of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e7651120e12e8297c8975a25dae55daa
https://doi.org/10.1561/108.00000050
https://doi.org/10.1561/108.00000050
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::fe63139b32938036585575ddf3740cfd
https://doi.org/10.2139/ssrn.4149737
https://doi.org/10.2139/ssrn.4149737
A BIT of investor protection: How Bilateral Investment Treaties impact the terms of syndicated loans
Publikováno v:
Journal of Banking & Finance. 102:138-155
We study the impact of government expropriation risk on the terms of cross-border syndicated loans. By comparing loans by foreign lenders from countries covered by Bilateral Investment Treaties (BITs) to loans from non-covered countries, we isolate a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7b73e1f5da1f7e93ff01aca8f20831a6
https://doi.org/10.1016/j.jbankfin.2019.01.014
https://doi.org/10.1016/j.jbankfin.2019.01.014
Publikováno v:
SSRN Electronic Journal.
We investigate whether firm-level political connections affect the allocation of exemptions from the tariffs imposed on $550 billion of Chinese goods imported to the United States annually beginning in 2018. Firms reporting higher political lobbying
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b724c5fc42fe1c7d6cd065d1b7924e63
https://doi.org/10.2139/ssrn.3963039
https://doi.org/10.2139/ssrn.3963039
Autor:
Veljko Fotak, Bernardo Bortolotti
Publikováno v:
SSRN Electronic Journal.
Commodity (primarily oil) funds are facing today the most severe adverse shock of their history. The COVID-19 pandemic has accelerated the crisis in oil-rich nations, already hit by low oil prices and declining hydrocarbon revenues. Governments of al
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::dbc82d844d9a4ce3102ffeee6ddd89f1
https://doi.org/10.2139/ssrn.3665993
https://doi.org/10.2139/ssrn.3665993
Autor:
William L. Megginson, Veljko Fotak
Publikováno v:
SSRN Electronic Journal.
Governments around the world are attempting to support individuals’ incomes, rescue distressed businesses, and preserve employer-employee relationships damaged in the coronavirus pandemic by adopting fiscal stimulus programs of unprecedented scale.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::841186bef512f9e1d8f9fd8d60bcf078
https://doi.org/10.2139/ssrn.3561282
https://doi.org/10.2139/ssrn.3561282
Autor:
Haekwon Lee, Veljko Fotak
Publikováno v:
Journal of Banking & Finance. 119:105898
Co-lending by private-sector and government-owned lenders accounts for over one-tenth of all syndicated-loan funding to corporate borrowers from 1980 to 2010. Co-lending is often rationalized as a mean to impose market discipline on government-owned
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5012d8436e0393ab6717e78823e02f16
https://doi.org/10.1016/j.jbankfin.2020.105898
https://doi.org/10.1016/j.jbankfin.2020.105898
Publikováno v:
SSRN Electronic Journal.
We investigate the impact of state ownership on the innovativeness of European listed firms. We find that state-owned enterprises (SOEs) invest more in R&D than private firms, thanks to easier access to bank financing. However, SOEs controlled by pol
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e1b505e7fe09db933cf15bcc9f44ed43
https://doi.org/10.2139/ssrn.3150280
https://doi.org/10.2139/ssrn.3150280
Publikováno v:
Journal of Financial Economics. 118:168-191
We investigate how government equity ownership in publicly traded firms affects the cost of corporate debt. Using a sample of bond credit spreads from 43 countries over 1991–2010, we find that government ownership is generally associated with a hig
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::522b37bb2a05e8c6ff82e43bb46ce398
https://doi.org/10.1016/j.jfineco.2015.06.011
https://doi.org/10.1016/j.jfineco.2015.06.011