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Measuring Corporate Environmental Performance: A Methodology for Sustainable Development
(Wiley, 2015-08-22)
Assessing corporate environmental performance (CEP) that is both comprehensive and consistent with sustainable development both for society and companies, while at the same time taking heed of the facts and interests of ...
Local governments' re-election and its determinants: New evidence based on a Bayesian approach
(Elsevier, 2015)
We analyzed the effect of public spending on the probability of re-election of Spanish local governments during the 2000–2007 period using Bayesian techniques. Although the literature on political budget cycles is now ...
Changes in top management team strategies caused by the external financial environment
(Emerald Group Publishing Limited, 2015)
Purpose
– The purpose of this paper is to analyse whether the onset of the financial crisis caused changes in the influence of top management team (TMT) on corporate results.
Design/methodology/approach
– The sample ...
Liberalization and Risk-Taking: Evidence from Government-Controlled Banks
(Oxford University Press, 2014-07)
We study the effects of the interplay between deregulation and governance on risk-taking in the financial industry. We consider the removal of regulatory geographic constraints for savings banks in Spain, the cajas, which ...
Why is timing perverse?
(Taylor & Francis, 2015)
The existence of negative market timing, even for passive portfolios, poses a relevant puzzle when assessing portfolio management. In this paper, we develop a simple theoretical model so as to explain why such perverse ...
Entry with two correlated signals: the case of industrial espionage and its positive competitive effects
(SpringerPhysica Verlag, 2021-01-07)
Recent advances in information and communication technologies have increased the incentives for firms to acquire information about rivals. These advances may have major implications for market entry because they make it ...
Integrating Sustainability into Corporate Governance: An Empirical Study on Board Diversity
(Wiley, 2015)
This study explores the mediating role of corporate social responsibility (CSR) management quality in the relationship between board diversity and CSR performance. It states that generational diversity is a consistent ...
Dissecting interbank risk using basis swap spreads
(Wiley, 2019)
This paper analyses interbank risk using the information content of basis swap (BS) spreads, floating‐to‐floating interest rate swaps whose payments are associated with euro deposit rates for alternative tenors. To identify ...
Sector concentration risk: A model for estimating capital requirements
(Elsevier, 2011)
The 2004 Basel Committee on Banking Supervision Accord (known as Basel II) provides a common framework for banks to determine their minimum capitalrequirements for solvency purposes. For credit risk (the most important one ...
On causality in the size-efficiency relationship: the effect of investor cash flows on the mutual fund industry
(2010-12-14)
One of the perceived advantages in mutual fund management is the presence of economies of scale resulting from fund size. This article analyses the impact of mutual fund cash flows on the relation between size and performance, ...