A New Participation Puzzle: Public Equity Ownership through the Financial Crisis

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Investigating the Effect of Public Participation on Crisis Management Performance

Background and Objectives: In todays changing environmental conditions, nations and organizations have to face with different crisis. Identifying factors affecting the success of crisis management activities will be helpful. Among affecting factors, public participation is one that can affect the success of crisis performance and its research aims to investigate it. Method: This applied researc...

متن کامل

Investment Following a Financial Crisis: Does Foreign Ownership Matter?

We investigate whether foreign ownership shields firms from liquidity constraints following a financial crisis. Recent crises in East Asia, Latin America, and Russia have been characterized both by large currency devaluations and widespread collapse of the banking sector. Although a currency devaluation should increase exporters’ competitiveness and investment, a collapsing banking system may d...

متن کامل

Surviving the Global Financial Crisis: Foreign Ownership and Establishment Performance∗

We examine the differential response of establishments to the recent global financial crisis with particular emphasis on the role of foreign ownership. Using a worldwide establishment panel dataset, we investigate how multinational subsidiaries around the world responded to the crisis relative to local establishments. We find that, first, multinational subsidiaries fared on average better than ...

متن کامل

The Equity Premium a Puzzle*

Restrictions that a class of general equilibrium models place upon the average returns of equity and Treasury bills are found to be strongly violated by the U.S. data in the 1889-1978 period. This result is robust to model specification and measurement problems. We conclude that, most likely, an equilibrium model which is not an Arrow-Debreu economy will be the one that Simultaneously rationali...

متن کامل

The financial-economic crisis and value of equity capital: A case study of Slovenian public limited companies 2006-2011

The purpose of this paper is to discuss the effect of financial-economic crisis on the equity value of companies, as well as present the importance of fair and honest company valuations. The fundamental value of equity capital of a company is important for both management and external shareholders. The wide disparity between market and fundamental values can lead to high value adjustments, whic...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2019

ISSN: 1556-5068

DOI: 10.2139/ssrn.3443258