Public versus private wage differential in Brazilian public firms
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DOI: 10.1016/j.econ.2019.09.005
Abstract: Abstract This work explores that Brazilian public firms were allowed to hire workers either as statutory ("civil servants") as well as under private market labor regime ("CLT"). We use RAIS that matches employer-employee data for… read more here.
Keywords: public firms; wage differential; wage; brazilian public ... See more keywords
Mining semantic features in current reports for financial distress prediction: Empirical evidence from unlisted public firms in China
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DOI: 10.1016/j.ijforecast.2021.06.011
Abstract: Abstract It is difficult to predict the financial distress of unlisted public firms due to their longer disclosure cycle of accounting information and more inadequate continuity of market trading information compared to listed firms. In… read more here.
Keywords: unlisted public; public firms; financial distress; current reports ... See more keywords
Misallocation and financial frictions: The role of long-term financing
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DOI: 10.1016/j.red.2020.09.002
Abstract: Abstract We analyze misallocation of capital in a model where firms face different types of financial constraints. Private firms borrow subject to a collateral constraint while public firms issue long-term bonds subject to default risk.… read more here.
Keywords: misallocation financial; financial frictions; public firms; long term ... See more keywords
Determinants of bankruptcy regime choice for Canadian public firms
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DOI: 10.1016/j.ribaf.2017.04.043
Abstract: Distressed Canadian public firms usually file for bankruptcy protection under either the Bankruptcy and Insolvency Act (BIA) or the more flexible Companies Creditors Arrangement Act (CCAA). The latter targets reorganization while the BIA focuses on… read more here.
Keywords: public firms; determinants bankruptcy; bankruptcy; canadian public ... See more keywords
Does Local Capital Supply Matter for Public Firms’ Capital Structures?
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DOI: 10.1017/s0022109020000423
Abstract: Abstract Publicly listed firms respond to capital supply conditions shaped by local investing preferences. Public firms headquartered in areas with higher proportions of senior citizens and women use more debt financing. These demographics are associated… read more here.
Keywords: supply matter; public firms; capital supply; capital ... See more keywords