نتایج جستجو برای: market debt ratios

تعداد نتایج: 314668  

2002
KRISTIN J. FORBES

This paper examines how 12 “major depreciations” between 1997 and 2000 affected different measures of firm performance in a sample of over 13,500 companies from around the world. Results suggest that in the year after depreciations, firms have significantly higher growth in market capitalization, but significantly lower growth in net income (when measured in local currency). Firms with greater ...

2002
Kristin J. Forbes

This paper examines how 12 “major depreciations” between 1997 and 2000 affected different measures of firm performance in a sample of over 13,500 companies from around the world. Results suggest that in the year after depreciations, firms have significantly higher growth in market capitalization, but significantly lower growth in net income (when measured in local currency). Firms with a higher...

2002
KRISTIN J. FORBES

This paper examines how 12 “major depreciations” between 1997 and 2000 affected different measures of firm performance in a sample of over 13,500 companies from around the world. Results suggest that in the year after depreciations, firms have significantly higher growth in market capitalization, but significantly lower growth in net income (when measured in local currency). Firms with greater ...

2011

Through a cost-minimizing approach, this paper derives four joint indicators to assess the ef…ciency of the mix of sovereign debt currencies between the countries belonging to the European Monetary Union (EMU). This theoretical insight enables us to explain why and how the introduction of the euro and the adoption of a common monetary policy may have led to signi…cant changes in debt structure ...

ژورنال: حسابداری مالی 2020

The importance of predicting bankruptcy risk of firms is increasing because of later financial crisis. Despite practical researchers trying to present models for predicting this risk, it seems that an optimum and acceptable model that is reliable for financial statement users and auditors in order to increase their ability in decision making and professional judgment has not been presented yet....

Journal: :Politicka Ekonomie 2021

Differences in Capital Structure of Publicly Traded Companies Europe and USA The paper aims at analysing the difference capital structure debt maturity choices firms USA. Employing logical comparative study theoretical knowledge accordance with analysis empirical data, authors define variations leverage long-term ratios. Specifically for comparability studied markets, was based on financial dat...

2001
Ajay Shah Susan Thomas

In this paper, we review the changes which took place on India’s equity and debt markets in the decade of the 1990s. In understanding these experiences, we focus on four interesting questions: (a) Why did NSE succeed? (b) Why did the equity market lurch from crisis to crisis? (c) Why did reforms on the debt market falter? (d) How important are crises as a mechanism for obtaining reforms? Lookin...

2010
Cesaltina Pacheco Pires

This paper presents a model of predation based on reputational differences between the entrant and an incumbent. While the incumbent has an established reputation in the debt market, the entrants’s quality is not yet known in the debt market. We show that the incumbent may have incentives to prey in order to interfere with the “reputation acquisition” of the entrant.

2015
Jarrad Harford Vahap B. Uysal

Prior research has shown that differential access to debt markets significantly affects capital structure. In this paper, we examine the effect of access to debt markets on investment decisions by using debt ratings to indicate bond market access. We find that rated firms are more likely to undertake acquisitions than nonrated firms. This finding remains even after accounting for firm character...

2013
Thomas Herndon Michael Ash Robert Pollin

We replicate Reinhart and Rogoff (2010a and 2010b) and find that coding errors, selective exclusion of available data, and unconventional weighting of summary statistics lead to serious errors that inaccurately represent the relationship between public debt and GDP growth among 20 advanced economies in the postwar period. Our finding is that when properly calculated, the average real GDP growth...

نمودار تعداد نتایج جستجو در هر سال

با کلیک روی نمودار نتایج را به سال انتشار فیلتر کنید