Suchergebnisse
Filter
33 Ergebnisse
Sortierung:
International commodity trading: physical and derivative markets
In: Wiley trading series
Agency Conflict and the Signalling Snafu in the Mexican Peso Crisis of 1994
In: International journal of public administration: IJPA, Band 23, Heft 5-8, S. 837
ISSN: 0190-0692
Agency conflict and the signalling snafu in the mexican peso crisis of 1994
In: International journal of public administration, Band 23, Heft 5-8, S. 837-876
ISSN: 1532-4265
Agency Conflict and the Signalling Snafu in the Mexican Peso Crisis of 1994
In: International Journal of Public Administration, Band 23, Heft 5-8
SSRN
The value premium puzzle, behavior versus risk: New evidence from China
In: The quarterly review of economics and finance, Band 76, S. 12-21
ISSN: 1062-9769
Emerging Markets: Investing with Political Risk
In: Multinational Finance Journal, Band 5, Heft 3, S. 155-173
SSRN
CONVEXITY, MAGNIFICATION, AND TRANSLATION: THE EFFECT OF MANAGERIAL OPTION‐BASED COMPENSATION ON CORPORATE CASH HOLDINGS
In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association, Band 37, Heft 2, S. 191-210
ISSN: 1475-6803
AbstractUsing the distinctions among the convexity, magnification, and translation effects, we identify the pertinent parameters and examine empirically the relation between cash holdings and option‐based managerial compensation. We show that changes in delta reduce the effects of magnification and convexity on managerial risk aversion. We also provide evidence that there is a negative relation between the option‐based incentives delta and vega and cash holdings. These results are robust when incentives are extended to include all executive board members and when the sample is broken down according to different risk characteristics.
Country financial risk and stock market performance: the case of Latin America
In: Journal of economics and business, Band 56, Heft 1, S. 21-41
ISSN: 0148-6195
An Introduction to Water Management
In: International journal of public administration, Band 26, Heft 13, S. 1551-1554
ISSN: 1532-4265
Controlling the risk: a case study of the Indian liquidity crisis 1990–92
In: Journal of international development: the journal of the Development Studies Association, Band 15, Heft 3, S. 285-298
ISSN: 1099-1328
AbstractOver the period 1990–92, India experienced a foreign exchange crisis complicated by political turmoil that led to three rapid downgrades of its credit rating within the short space of a year. However, India did not default or reschedule its debt and with the help of foreign exchange loans after 44 years of socialism, proceeded with a structural, market‐oriented reform of the economy. This crisis differs from the subsequent crises in Mexico, Asia and Russia that followed later in the 1990s in that it did not spread to other countries. The reaction of the international markets was mild. Net flows of private foreign capital remained positive over the crisis period and the three rating migrations increased the country's cost of borrowing by only 1 per cent. The reaction of domestic markets was also positive and by the end of 1991 the local stock market had started an impressive bull run. Thus, the case of India 1990–92 is an interesting study in macroeconomic crisis management with lessons for the future. The crisis was short, damage to investor confidence was minimal, and a turnaround was achieved within three years. This study attempts to examine the crisis, its handling and reaction of the market to downgradings. Copyright © 2003 John Wiley & Sons, Ltd.
Water Management in France: Delegation and Market Based Auto‐regulation
In: International journal of public administration, Band 26, Heft 3, S. 317-328
ISSN: 1532-4265
Water Management in France: Delegation and Market Based Auto-regulation
In: International journal of public administration: IJPA, Band 26, Heft 3, S. 317
ISSN: 0190-0692