Financial Constraints Risk Toni M. Whited University of Wisconsin Guojun Wu University of Houston We construct an index of firms’ external finance constraints via generalized method of moments (GMM) estimation of an investment Euler equation. Unlike the com- ...
Financial Constraints, Risk Taking and Firm Performance: Recent Evidence from Microfinance Clients in Tanzania Financial constraints and risk taking are two well-established determinants of firm performance, however, no research analyzes how these variables are conn... M Adriaan Boermans,D Willebrands -...
Financial Constraints Risk Toni M. Whited University of Wisconsin Guojun Wu University of Houston We construct an index of firms’ external finance constraints via generalized method of moments (GMM) estimation of an investment Euler equation. Unlike the commonly used KZ index, ours is consistent ...
Financial Constraints RiskFinancial ConstraintsStock ReturnsUndiversifiable RiskWe construct an index of firms' external finance constraints via generalized method of moments (GMM) estimation of an investment Euler equation. Unlike the commonly used KZ index, ours is consistent with firm characteristics ...
Pre-order mode in which the retailer produces before the sale taking full risk on the inventory,2. Con... G Lai,LG Debo,K Sycara - 《Operations Research》 被引量: 256发表: 2009年 Financial Constraint and R&D Investment: Evidence from CIS Using direct information on financial constraints ...
Consequently, if firms are unable to raise funds, they can have more exposure to aggregate funding risk and might perform worse during crisis periods.Footnote 13 Table 4 The effects of the components of CCC and financial constraints on exports Full size table We disentangle the CCC indicator so...
constraintsfinancialinstitutionsWe survey theoretical developments in the literature on the limits of arbitrage. This literature investigates how costs faced by ... Denis,Gromb,and,... - 《Annual Review of Financial Economics》 被引量: 279发表: 2010年 GENCO's Risk-Based Maintenance Outage Scheduling...
Second, financially constrained firms show a more significant cash flow timing pattern, suggesting that year-end cash collection (hereafter, YCC)4 is positively related to financial constraints. Third, financially constrained firms with higher year-end cash collection earn a significantly higher risk ...
摘要: We study risk management in financial institutions using data on hedging of interest rate and foreign exchange risk. We find strong evidence that better capital关键词: Risk management Financial institutions Interest rate risk Foreign exchange risk Financial constraints Derivatives ...
For example, retirement planning combines four types of financial constraints: liquidity risk, time horizon, taxes, and legal/regulatory constraints.6If you recommend that a 35-year-old client contribute $5,000 per year to anindividual retirement account, that person is effectively devoting $122,50...