The objective of this study was to examine the effect monetary policy and private investment on green finance in case Hungary. used an explanatory research design a quantitative approach. Quarterly secondary time series data over 8 years (2013–2020) were utilized. More specifically, Johnson co-integration test vector error correction model investigate long short-run relationship among variables...

We examine voluntary disclosures of information about corporate strategies. We develop a model in which managers choose whether to reveal their strategic plans only to some partners of the firm or also to the outside world. We show that managers face a tradeoff when deciding whether to disclose their private information to outsiders. On the one hand, by disclosing their intentions, managers bec...

The purpose of this paper is to develop a discrete-time model for optimal corporate business strategy that incorporates both endogenous and exogenous factors and is consistent with the value-based criterion for maximizing the shareholders wealth. The model is feasible for practical implementation.

Asset values often fall sharply once assets are placed outside of the …rm. When this happens, investors have fewer incentives to enforce their right to liquidate or reorganize the …rm. Instead, they may allow an underperforming business to continue and may even re…nance it under its current management. The problem that this creates is that …rm insiders then have fewer incentives to implement va...

We examine corporate security choice by simulating an economy populated by adaptive agents who learn about the structure of security returns and prices through experience. Through a process of evolutionary selection, each agent gravitates toward strategies that generate the highest payo¡s. Despite the fact that markets are perfect and agents maximize value, a ¢nancing hierarchy emerges in which...

1. In international development, capacity is seen as “the ability of people, organizations and society as a whole to manage their affairs successfully”, leading to attainment of the Millennium Development Goals and FAO’s three Global Goals in line with national development plans. Capacity Development (CD) is the “process whereby people, organizations and society as a whole unleash, strengthen, ...

T H I S PAPER PROVIDES A BRIEF summary of what w e a t the Ashridge Strategic Management Centre believe we have learned about corporate strategy over the last ten years. It lays out the basis for our ideas about corporate parenting and the implications of parenting theory for management decisions. It is structured around nine propositions, each of which attempts to convey both what we have lear...

This papers analyzes the effect of ECB’s Corporate Sector Purchase Programme (CSPP) and recent Pandemic Emergency (PEPP) on yields eligible green bonds, a new but rapidly growing segment corporate bond market. We exploit these policy changes using difference-in-differences strategy, with ineligible bonds is- sued in euro, U.S. dollars Swedish crowns as comparison groups. find that both programs...