Porter, M.E., 1992, "Capital Choices: Changing the WayAmericaInvests in Industry," Journal of Applied Corporate Finance 5(2), 4-16. 试题详情 初中思想政治课教学应注重教育性和实效性 初一年段是学生从儿童向少年过渡,起承上启下作用的年级。教师应根据初一学生的心理特点和认识水平,发挥思想政治课的...
000 fictitious applications with randomized characteristics to geographically dispersed jobs posted by 108 of the largest U.S. employers. Distinctively Black names reduce the probability of employer contact by 2.1 percentage points relative to distinctively white names. The magnitude of this racial gap...
aBaxter, Nevins D., 1967, “Leverage, Risk of Ruin and the Cost of Capital,” Journal of Finance, 22 (3), 395–403.[translate] a不太熟练! 你还需要加强练习! Not too skilled! You also need to strengthen the practice![translate] ...
aIt is a legal entity (for example, a company or limited partnership) created typically to isolate a firm from financial risk. A company will transfer assets to the SPV for management or use the SPV to finance a large project without putting the entire firm or a counterparty at risk. Juris...
Since liquidity and solvency are primary risks affecting bondholders but may affect the use of restrictive bond covenants differentially, we investigate the impact of these two sources of risk on the choice of restrictive bond covenants and contribute to the finance literature in the following ways....
Journal of Finance and Economics. 2020; 8(3):116-126. doi: 10.12691/jfe-8-3-4.Correspondence to: Dalia El Mosallamy, Business Administration, The British University in Egypt, Egypt. Email: Dalia.Elmosalamy@bue.edu.eg Abstract Purpose- This paper is an event study that aims to find ...
He pointed to the decision two weeks ago by G20 finance ministers to use the International Monetary Fund (IMF) to assess what further economic stimulus is needed around the world in 2010. “There is a great, disproportionate emphasis on disagreements around the margins when, in fact, much has...
如果市场预期ECB会实行直接QE,那么欧元受到的影响首当其冲,大概率1.39左右就是其阶段性高点或者极限;黄金以欧元计价将会上升;欧元区国债利率大概率上升,考虑到QE下的通货膨胀前景,而且,目前欧元区国债利率早已大幅下降,与美国国债利率利差非常近了,不可想象意大利的国债收益率和美国差不多。加上世界诸多地区的不稳定,...
Campbell, Lettau, Malkiel, and Xu, 2001, Have individual stocks become more volatile? An empirical exploration of idiosyncratic risk, Journal of Finance 56, 1-43. In CLMX (2001) they look at the average variance of US stocks listed on the three national exchanges from three perspectives: the...