Repeating a familiar pattern in a new way: The effect of exploitation and exploration on knowledge leverage behaviors in technology acquisitions
Sign Up to like & getrecommendations! Published in 2018 at "Southern Medical Journal"
DOI: 10.1002/smj.2677
Abstract: Research Summary: We identify two types of knowledge leverage behaviors undertaken by acquiring firms: integrated and independent knowledge leverage. We address how the prior exploitation or exploration orientation of acquirers influence these two modes of… read more here.
Keywords: knowledge; exploitation; exploration; acquired knowledge ... See more keywords
Business cycles, financial cycles and capital structure
Sign Up to like & getrecommendations! Published in 2018 at "Annals of Finance"
DOI: 10.1007/s10436-017-0306-z
Abstract: We perform peridogram based cycle analysis of firm capital structure and find evidence that firms’ leverage is both persistent and cyclical. The cyclicality of leverage is supported by the trade-off, pecking order and market timing… read more here.
Keywords: capital structure; capital; financial cycles; business ... See more keywords
Bank Taxes, Leverage, and Risk
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Financial Services Research"
DOI: 10.1007/s10693-016-0265-y
Abstract: We use staggered changes in the taxation of banks by U.S. states to show how banks adjust their capital structure in response to taxes. A one percentage point increase in the income tax rate leads… read more here.
Keywords: risk; taxes leverage; leverage risk; leverage ... See more keywords
Do political connections affect bank leverage? Evidence from some Middle Eastern and North African countries
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Management and Governance"
DOI: 10.1007/s10997-019-09478-w
Abstract: This study examines the association between political patronage and banks' financing decision in a sample of 34 commercial banks operating in Middle East and North Africa region for the period 2003-2014. Linear and nonlinear Panel… read more here.
Keywords: bank; bank leverage; leverage; political connections ... See more keywords
Radical and incremental, a multi-leverage point approach to transformation in ocean governance
Sign Up to like & getrecommendations! Published in 2024 at "Sustainability Science"
DOI: 10.1007/s11625-024-01507-4
Abstract: Urgent change is required in the governance of ocean spaces to contend with the increasing presence and impact of human activities, the solution to which is often labelled a ‘transformation.’ While diverse interpretations of this… read more here.
Keywords: radical incremental; ocean governance; leverage; governance ... See more keywords
Identifying behavior change interventions with deep leverage: a conceptual and qualitative case study with farmers from Germany
Sign Up to like & getrecommendations! Published in 2024 at "Sustainability Science"
DOI: 10.1007/s11625-024-01540-3
Abstract: Successful transformation of agriculture toward a more sustainable trajectory requires agri-environmental practices and interventions that are deemed supportive by farmers, have the potential for a transformative change and are based on a solid understanding of… read more here.
Keywords: behavior change; identifying behavior; leverage; change ... See more keywords
Leverage and SMEs financial stability: the role of banking competition
Sign Up to like & getrecommendations! Published in 2024 at "Journal of Economics and Finance"
DOI: 10.1007/s12197-023-09654-7
Abstract: This work exploits a large panel dataset on Italian manufacturing SMEs to examine the relationship between leverage and firms’ financial stability. Specifically, we evaluate whether and to what extent this link is affected by the… read more here.
Keywords: banking competition; competition; financial stability; leverage ... See more keywords
Stochastic volatility, jumps and leverage in energy and stock markets: Evidence from high frequency data
Sign Up to like & getrecommendations! Published in 2019 at "Energy Economics"
DOI: 10.1016/j.eneco.2019.104481
Abstract: Abstract In this paper, we propose a model for futures returns that has the potential to provide both individual investors and firms who have positions in financial and energy commodity futures a valid tail risk… read more here.
Keywords: leverage; volatility jumps; stochastic volatility; energy ... See more keywords
Does export intensity affect corporate leverage? Evidence from Portuguese SMEs
Sign Up to like & getrecommendations! Published in 2021 at "Finance Research Letters"
DOI: 10.1016/j.frl.2019.101418
Abstract: Abstract This paper examines the effect of export intensity on a firm's capital structure using a sample of 7,676 Portuguese SMEs. Results obtained from a system GMM estimation method show that the leverage ratio is… read more here.
Keywords: affect corporate; portuguese smes; intensity; intensity affect ... See more keywords
Economic policy uncertainty and leverage dynamics: Evidence from an emerging economy
Sign Up to like & getrecommendations! Published in 2021 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2021.101836
Abstract: Abstract We test capital structure adjustments under dynamic trade-off theory using the standard partial adjustment framework, in light of long- and short-run economic policy uncertainties (EPU). Analysing a sample of Indian firms listed on the… read more here.
Keywords: leverage; association epu; epu leverage; association ... See more keywords
Procyclical leverage: Evidence from banks’ lending and financing decisions
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Banking and Finance"
DOI: 10.1016/j.jbankfin.2020.105756
Abstract: Abstract Middle-aged people have a higher demand for bank loans compared to other age groups and banks that are active in regions with more middle-aged residents are exposed to higher loan demand. This generates a… read more here.
Keywords: financing decisions; lending financing; banks lending; finance ... See more keywords