CSR Actions and Financial Distress: Do Firms Change Their CSR Behavior When Signals of Financial Distress Are Identified?

The relationship between CSR and financial performance

Course/Level: 2FE16E, Undergraduate, Bachelor Thesis Authors: Anton Karlsson, Christian Hagberg & Sebastian Johansson Supervisor: Mosad Zineldin Examiner: Martin Amsteus Title: The relationship between CSR and financial performance – A quantitative study examining the Stockholm OMX stock exchange Purpose: Examine the relationship between Corporate Social Responsibility (CSR) and financial perfo...

Do Financial Analysts Recognize Firms’ Cost Behavior?

This study explores whether financial analysts understand two aspects of cost behavior cost variability and cost stickiness. Since analysts’ understanding is not directly observable, we model the process of earnings prediction to generate empirically testable hypotheses regarding analysts’ comprehension of cost variability and cost stickiness. Empirical findings suggest that analysts make syste...

Predicting Financial Distress in Tehran Stock Exchange

Companies incur significant costs from the financial distress. Predicting financial distress will have an important role in preventing bankruptcy. The aim of the present study is to predict the financial distress costs using the Leland and Toft models, during 1996 and 1998. This study examines data relating to 49 companies listed in the Tehran stock exchange collected over ten years from 2005 t...

Corporate Financial Distress: An Empirical Analysis of Distress Risk

Life Insurer Financial Distress, Best's Ratings and Financial Ratios

This study compares the predictive ability of: (1) ratings, rating changes and total assets; (2) financial ratios; and (3) financial ratios combined with ratings and rating changes on a sample of forty-eight insolvent life insurers over the period 1990 to 1992. Based on the expected cost of misclassification, ratings, rating changes and total assets have comparable predictive ability to financi...