Crisis International Evidence on Firm Level Decisions in Response to the Crisis: Shareholders vs. Other Stakeholders The relationship between changes in GDP and unemployment during the 2008 financial crisis differed significantly from previous experiences and... Read more Franklin AllenYaniv Grinstein 23 March 2018 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Bankruptcy Bail-outs and Bail-ins are better than Bankruptcy: A Comparative Assessment of Public Policy Responses to COVID-19 Distress COVID-19 has severely disrupted the conduct of business around the globe. In jurisdictions that impose one or more ‘lockdowns’, multiple sectors... Read more Kristin van ZwietenHorst EidenmüllerOren Sussman 20 August 2020 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Securities Did Corporate Governance 'Fail' During the 2008 Stock Market Meltdown? The Case of the S&P 500 In 2008, share prices on U.S. stock markets fell further than they had during any one year since the 1930s. Does this mean corporate governance... Read more Brian Cheffins 01 May 2009 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Crisis The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises In the context of the global market for syndicated bank loans, we provide evidence that the collapse of international markets during financial crises... Read more Mariassunta GiannettiLuc Laeven 01 May 2011 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Crisis Economic Crisis and Share Price Unpredictability: Reasons and Implications During the recent financial crisis, there was a dramatic spike, across all industries, in the volatility of individual firm share prices after... Read more Merritt FoxRonald Gilson 01 February 2014 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Banking Understanding Bank Payouts During the Crisis of 2007-2009 We study U.S. banks’ payout policy in 2007-2008. We benchmark these payouts against payouts before the crisis, measure stock price reactions to... Read more Christian Laux 09 July 2019 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Funds The Use of Credit Ratings in the Delegated Management of Fixed Income Assets Investment mandates of fixed income funds constrain managers’ portfolio decisions, often employing credit ratings to classify asset risk. We... Read more Ramin BaghaiBo BeckerStefan Pitschner 10 July 2019 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Crisis Corporate Financial Frictions and Employee Mental Health This paper argues that corporate financial frictions can have an adverse effect on employee mental health, an important determinant of employee... Read more Dániel KárpátiLuc Renneboog 03 November 2021 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Crisis Credit Default Swaps and the Credit Crisis Read more René Stulz 01 December 2009 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Boards Evolving Directors’ Duties in the Common Law World Legal scholars have long discussed the gap, or “acoustic separation”, between stringent standards of conduct (“conduct rules”) and more... Read more Jennifer G. Hill 01 April 2013 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Crisis Trust, Social Capital, and the Bond Market Benefits of ESG Performance We investigate whether a firm’s social capital, and the trust that it engenders, are viewed favorably by bondholders. Using firms’ environmental... Read more Hami AmiraslaniHenri Servaes 11 September 2017 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
COVID-19 Banning Cassandra from the Market? An Empirical Analysis of Short-Selling Bans during the Covid 19 Crisis During the recent COVID-19 pandemic crisis, stock markets around the world have witnessed an abrupt decline in security prices and an unprecedented... Read more Marco Ventoruzzo 22 July 2020 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author