We study the effects of sell-side debt research on price formation and investor behavior in debt and equity markets. Sell-side corporate debt research involves the production and dissemination of information by sell-side analysts to debt investors. Our sample includes 921 companies with publicly traded bonds and equity over the period from 2002 through 2004, with 429 of them being the subject o...

After two years of online experiments, Tom van Vianen, CEO, felt certain it was time to fully implement STATER NV’s new “e-servicing” concept with a cohesive strategy. Established in 1997 in The Netherlands and headquartered in Amersfoort, STATER had 27 business clients and serviced over 80 different mortgage portfolios of more than 450,000 mainly residential loans in the Netherlands, Belgium, ...

In this contribution we present a new methodological framework and first results for real-time monitoring of object behaviour in aircraft servicing scenes, such as arrival preparation, unloading, tanking and others, based on video streams from several cameras. The focus is on incremental real-time interpretation of multiple object tracks. We show that the temporal structure of complex, partiall...

Any future space debris removal or on-orbit servicing mission faces the problem of the initial relative orbit determination of the servicing satellite to the noncooperative target. In this work we analyze the relative navigation accuracy that can be achieved in low Earth orbit, by using ground-based orbit determination from radar tracking measurements for the target, and classical GPS-based orb...

Technological innovations in the mortgage industry have had profound impacts on every step in the homeownership process. Much of the literature has focused on the front end of the process, particularly the impacts of automated underwriting systems. Literature on loan servicing has focused on the borrower option to default with little attention paid to degrees of default or loss mitigation effor...

In an era of rising college costs and stagnant grant-based student aid, many young adults rely on their parents’ resources and student loans to pay for their postsecondary education. In this study I ask how parents’ income and education are linked to young adults’ student loan debt. I develop and test two perspectives regarding the functional form of the association between parents’ income, par...

whether for the delay in payment of debt resulting from civil liability can be demand late payment damages? in answering this question, answer of some of lawyers is positive. they believed that late payment damages is accrued to debt resulting from civil liability. because, these creditors are more deserving of protection. also, the word of debt in article 522 of code civil procedure is absolut...

This study empirically examines whether managers manipulate reported income through the timing of sales of long-lived assets and investments. Several empirical implications of the income-smoothing and debt-equity hypothesis in the context of asset sales were tested. The findings are consistent with the timing of asset sales by managers so that the recognized accounting income from these sales s...

This study attempts to investigate the effect of oil returns and external debt on the government expenditure in Syria over the period 1970-2010. The Johansen cointegration test showed that oil returns and external debt have a positive and significant long run relationship with government expenditure. The Granger causality test indicates unidirectional short-run causality relationships running f...