because hidden pay is more costly to the firm than disclosed pay (i.e., there is a deadweight loss associated with hidden forms of pay). A key result is that independent boards are more likely to distort incentives and use hidden pay than manager-friendly boards. Our analysis thus explai...
Chapter 11 bargaining, Journal of Finance, forthcoming Our paper explores a comprehensive sample of both small and large corporate bankruptcies in Arizona and New York from 1995–2001. We find that bankruptcy costs are very heterogeneous and sensitive to measurement method. Still, Chapter 7 ... A...
Forthcoming,JournalofFinance(August1999)THEFINANCIALANDOPERATINGPERFORMANCEOFPRIVATIZEDFIRMSDURINGTHE1990sJulietD’SouzaWilliamL.Megginson*RevisedDraftFebruary1999Commentswelcome*MercerUniversityandtheUniversityofOklahoma,respectively.WegratefullyacknowledgethefinancialsupportoftheUniversityofOklahoma’sMichaelF.PriceCollegeofBu...
近期,工商管理学院曹丰副教授与Yuhai Xuan, Rongli Yuan, Hong Zou合作撰写的论文Governance by One-Lot Shares被国际权威期刊Journal of Financial and Quantitative Analysis正式接受(forthcoming)。该期刊是金融学领域公认的权威期刊之一,每年投稿...
Journal of Corporate Finance, forthcomingWaller, GregoryHall, Copeland
2020年4月,金融学顶刊《 Journal of Finance》(简称JF)刊发论文“Risk Management in Financial Institutions”,该文使用对冲利率和外汇风险的数据研究金融机构的风险管理问题。作者是来自杜克大学的Adriano A…
Goldberg* Forthcoming Journal of Finance Abstract Globalization of banking raises questions about banks’ liquidity management, their response to liquidity shocks, and the potential for international shock propagation. We conjecture that global banks manage liquidity on a global scale, actively using cross...
Forthcoming in the Journal of Financial Markets the impact of newspaper closures on public finance, Journal of Financial Economics (forthcoming) .and , "Financing Dies in Darkness? The Impact of ... D Bates,P Carr,A David,... 被引量: 2发表: 1999年 Firms as liquidity providers: Evidence ...
,WFA,Fall2004NBERCorporateFinanceprogrammeeting,attheUniversityofPennsylvania,Stanford,Cornell,UniversityofNotreDame,UCIrvine,EmoryUniversity,UTAustin,ColumbiaUniversity,USCandUni-versityofNorthCarolina.JustinFernandez,GeorgeGeorgiev,VaibhavGupta,NicoleHammer,RumitKanakia,JaredKatseff,CatherineLeung,ChenkayLi,ScottMcLin...
forthcoming AFA journal, the Journal of Finance: Insights and Perspectives. We do not have a start date for submissions yet, and will announce that here when possible. Should you have any questions or require further clarification, please do not hesitate to contact us at admin@afajof.org. ...