搜索结果: 31-45 共查到“经济学 Capital”相关记录183条 . 查询时间(0.107 秒)
Internal Capital Markets and Firm-Level Compensation Incentives for Division Managers
Capital Markets Executive Compensation Capital Budgeting Motivation and Incentives Profit
2015/5/14
Do multidivisional firms structure compensation contracts for division managers to mitigate incentive problems in their internal capital markets? I find evidence that compensation and investment incen...
A Multinational Perspective on Capital Structure Choice and Internal Capital Markets
Global Range Perspective Capital Decision Choices and Conditions Markets
2015/5/13
This paper examines the impact of local tax rates and capital market conditions on the level and composition of borrowing by foreign affiliates of American multinational corporations. The evidence ind...
Capital Cash Flows:A Simple Approach to Valuing Risky Cash Flows
Cash Flow Capital Valuation
2015/5/13
Capital Cash Flows: A Simple Approach to Valuing Risky Cash Flows.
Career Concerns and Staged Investment:Evidence from the Venture Capital Industry
Performance Efficiency Valuation Venture Capital Investment Decisions Motivation and Incentives
2015/5/13
I develop a model in which career concerns lead to inefficient reinvestment decisions. Managers have incentives to inflate interim returns by continuing bad projects and delaying write-offs. In the ve...
Capital and Value of Risk Transfer:Presented at Actuarial Approach for Financial Risks (AFIR) Colloquium,Boston,MA,November
Capital Risk and Uncertainty
2015/5/13
Capital and Value of Risk Transfer: Presented at Actuarial Approach for Financial Risks (AFIR) Colloquium,Boston,MA,November.
Bridge Building in Venture Capital-Backed Acquisitions
Mergers and Acquisitions Venture Capital Private Equity Knowledge Sharing Market Transactions
2015/5/12
We study the role of common venture capital investors in alleviating asymmetric information between public acquirers and private venture capital-backed targets. We find that acquisition announcement r...
An Analysis of the Impact of 'Substantially Heightened' Capital Requirements on Large Financial Institutions
Financial Institutions Governing Rules Regulations and Reforms Capital Equity Financing and Loans
2015/5/12
We examine the impact of "substantially heightened" capital requirements on large financial institutions, and on their customers. Our analysis yields three main conclusions. First, the frictions assoc...
The SEC and Capital Markets in the 21st Century:Evolving Accounting Infrastructure for Today's World
Sustainability Accounting
2015/5/12
The SEC and Capital Markets in the 21st Century:Evolving Accounting Infrastructure for Today's World.
Call Me Maybe?The Effects of Exercising Contingent Capital
Financial Distress Financial Instruments Financial Crisis Banks and Banking Banking Industry
2015/4/29
This paper studies market reaction and economic performance following the first episode of banks triggering contingent capital options. During the financial crisis, European banks massively used emebd...
The Real Effects of Capital Controls:Financial Constraints,Exporters,and Firm Investment
Cost of Capital Investment Trade Financial Crisis Brazil
2015/4/28
In the aftermath of the global financial crisis of 2008–2009, emerging-market governments have increasingly restricted foreign capital inflows. The data show a statistically significant drop in cumula...
Adding Value Through Venture Capital in Latin America and the Caribbean
Venture Capital Value Entrepreneurship Investment Latin America West Indies
2015/4/28
Venture capital (VC) investment has long been recognized as an engine for economic growth and development. Unlike bank loans, where the entrepreneur receives money and is left alone as long as the pay...
Do Strict Capital Requirements Raise the Cost of Capital? Banking Regulation and the Low Risk Anomaly
Risk and Uncertainty Cost of Capital Capital Markets Banks and Banking Banking Industry United States
2015/4/28
Minimum capital requirements are a central tool of banking regulation. Setting them balances a number of factors, including any effects on the cost of capital and in turn the rates available to borrow...
Measurement Errors of Expected-Return Proxies and the Implied Cost of Capital
Measurement and Metrics Cost of Capital Investment Return
2015/4/28
Despite their popularity as proxies of expected returns, the implied cost of capital's (ICC) measurement error properties are relatively unknown. Through an in-depth analysis of a popular implementati...
Capital Market Consequences of Linguistic Complexity in Conference Calls of Non-U.S. Firms
Voluntary Disclosure Capital Market Consequences Non-Plain English Communication Intention and Meaning
2015/4/27
We examine how linguistic complexity affects the capital market reaction to information disclosures. We define linguistic complexity as the use of non-plain English stemming from language barriers. Us...
The Cost of Capital for Alternative Investments
Cost of Capital Financial Liquidity Investment Investment Return Mathematical Methods Risk and Uncertainty
2015/4/24
This paper studies the cost of capital for alternative investments. We document that the risk profile of the aggregate hedge fund universe can be accurately matched by a simple index put option writin...