26617 research outputs found
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How does distance to default shape the choice between public and private debt for European firms
No full textHOW DOES DISTANCE TO DEFAULT SHAPE THE CHOICE BETWEEN PUBLIC AND PRIVATE DEBT FOR EUROPEAN FIRMS
How does distance to default shape the choice between public and private debt for European firms (1)
Introduction (3)
Main motivation (3)
Research question (4)
Structure and organisation (6)
Literature review (7)
Corporate debt structure theory (7)
Relationship lending in the European scope (11)
Debt structure adjustments (12)
Debt dynamics in crisis (13)
Fragmentation of European markets & supply-side factors (14)
Other perspectives for private debt preferences (15)
Data & Methodology (16)
Data sources (16)
Sample construction (18)
Data processing (20)
Derivation of the Distance to Default (22)
Empirical strategy (23)
Stylized facts (24)
Descriptive statistics (34)
Correlation matrix & plot (36)
Empirical analysis & Results (38)
Baseline results (38)
Discussion (48)
Economic mechanism (51)
The substitution effect (54)
Broader channels (56)
Contributions (57)
Limitations (59)
Conclusion (60
Sustainable sourcing strategies for rare resources in luxury fashion focusing on leather sourcing in leading brands and sustainable producers
No full textSUSTAINABLE SOURCING STRATEGIES FOR RARE RESOURCES IN LUXURY FASHION FOCUSING ON LEATHER SOURCING IN LEADING BRANDS AND SUSTAINABLE PRODUCERS
Sustainable sourcing strategies for rare resources in luxury fashion focusing on leather sourcing in leading brands and sustainable producers (1
The role of digitalisation in enhancing circular procurement in the luxury industry
No full textTHE ROLE OF DIGITALISATION IN ENHANCING CIRCULAR PROCUREMENT IN THE LUXURY INDUSTRY
The role of digitalisation in enhancing circular procurement in the luxury industry (1
Media communication strategies and public perception
No full textMEDIA COMMUNICATION STRATEGIES AND PUBLIC PERCEPTION
Media communication strategies and public perception (1
Population aging and residential loan growth
No full textPOPULATION AGING AND RESIDENTIAL LOAN GROWTH
Population aging and residential loan growth (1)
Introduction (4)
Research Hypotheses (4)
Conceptual Framework (5)
Data and Variable Construction (6)
Residential Loan Growth (RL_Growthit) (6)
Aging Share (Agingit) (7)
Old-Age Dependency Ratio (OADRit) (7)
GDP Growth (GDP_Growthit) (7)
Disposable Income Growth (DI_Growthit) (8)
Loans-to-Income Ratio (LTIit) (8)
Debt-to-Income Ratio (DTIit) (9)
Interest Rate (IRit) (10)
Housing Price Index (HPIit) (10)
Unemployment Rate (Unempit) (10)
Inflation Rate (Inflit) (10)
Descriptive Statistics (11)
Empirical Methodology (12)
Baseline Regression Models (12)
Baseline Results (13)
Baseline Diagnostics (15)
Outlier Exclusion (17)
Interaction Models (19)
Instrumental Variable (IV) Strategy (25)
LTI and DTI Robustness Swap (28)
Lagged Effects of Aging (28)
Regional Heterogeneity (32)
Diagnostics and Model Fit (36)
Instrumental Variable (IV) Validity (36)
Diagnostics of the Non-Linear Models (37)
Heteroskedasticity (Breusch-Pagan) (37)
Residual Diagnostics (38)
Baseline Model Comparison (38)
Conclusion (38)
Limitations and Future Research (39
Public-Private-Partnerships und ihre Auswirkung auf die Risikofaktoren der Internationalisierung in Entwicklungs- und Schwellenländern
No full textPUBLIC-PRIVATE-PARTNERSHIPS UND IHRE AUSWIRKUNG AUF DIE RISIKOFAKTOREN DER INTERNATIONALISIERUNG IN ENTWICKLUNGS- UND SCHWELLENLÄNDERN
Public-Private-Partnerships und ihre Auswirkung auf die Risikofaktoren der Internationalisierung in Entwicklungs- und Schwellenländern (1)
Chapter (5)
Abbildungsverzeichnis (6)
Chapter (6)
Abkürzungsverzeichnis (7)
Chapter (7)
Introduction (8)
Theorie (11)
Begriffsdefinitionen und Grundlagen (11)
Public-Private Partnerships (PPPs) (11)
Korruption (14)
Überblick über relevante theoretische Perspektiven (16)
Transaktionskostentheorie (17)
Principal-Agent Theorie (20)
Theoretische Schlussfolgerung (24)
Methodik (24)
Analyse (28)
Odebrecht S.A. (28)
Siemens AG (34)
Telefonaktiebolaget LM Ericsson (Ericsson) (40)
Cross-Case Analyse (46)
Projektkomplexität in PPPs (46)
Analytische Schlussfolgerung (Proposition 1): (49)
Eigentümerstruktur und Governance (49)
Analytische Schlussfolgerung (Proposition 2): (51)
Marktstellung und Machtasymmetrie (52)
Analytische Schlussfolgerung (Proposition 3): (54)
PPP-Fokus und institutionelle Klarheit dieser (54)
Analytische Schlussfolgerung (Proposition 4): (57)
Internationale Erfahrung in Entwicklungs- und Schwellenländern (57)
Analytische Schlussfolgerung (Proposition 5): (60)
Makroökonomische Rahmenbedingungen. (60)
Analytische Schlussfolgerung (Proposition 6): (63)
Ergebnisse und Diskussion (63)
Fazit (72)
Quellenverzeichnis (76
The expected economic implications of IFRS 18
No full textTHE EXPECTED ECONOMIC IMPLICATIONS OF IFRS 18
The expected economic implications of IFRS 18 (1
Beyond the numbers
No full textBEYOND THE NUMBERS
Beyond the numbers (1)
Abstract (4)
1 (6)
1 Introduction (7)
2 Conceptual principles and definitions (9)
2.1 Conceptual principles and basic concepts (9)
2.2 Management Performance Measures (MPMs) and differentiation from Alternative Performance Measure (APMs) (10)
2.3 Development and motives of Alternative Performance Measures (APMs) (10)
3 Classification of Alternative Performance Measures (APMs) (11)
3.1 Classification of APMs according to area of application (11)
3.2 Classification of APMs according to the reporter (12)
3.3 Classification of APMs by type of KPI (12)
3.4 Industry-related observations and challenges of APMs (13)
4 Benefits and risks of Alternative Performance Measures (APMs) (14)
4.1 Benefits of Alternative Performance Measures (APMs) (14)
4.2 Risks of Alternative Performance Measures (APMs) (17)
5 Stakeholder perspectives of Alternative Performance Measures (APMs) (20)
5.1 Investors (20)
5.2 Supervisory authorities and regulators (21)
5.3 Corporate management (22)
5.4 Other stakeholders (23)
6 Regulatory framework for Alternative Performance Measures (APMs) (23)
6.1 IFRS Conceptual Framework as a starting point for international regulation (23)
6.2 IAS 1: Presentation of Financial Statements and Permissible Amendments (24)
6.3 The ESMA-Guidelines on Alternative Performance Measures (APMs) (25)
6.4 The role of IOSCO and international harmonization (26)
6.5 US regulation: SEC and non-GAAP financial measures (27)
6.6 IFRS 18: Management Performance Measures (MPMs) (28)
7 Methodology and research design (30)
7.1 Selection of study units and data sources (30)
7.2 Structure and process of the empirical analysis (31)
7.3 Quality criteria, limitations and reflection (32)
8 Empirical results: Use and disclosure of APMs and MPMs (33)
9 Conclusion (43)
10 References (46)
10.1 Scientific literature (46)
10.2 Annual Reports (48
Does running your mouth entail a premium/penalty?
No full textDOES RUNNING YOUR MOUTH ENTAIL A PREMIUM/PENALTY?
Does running your mouth entail a premium/penalty? (1)
Introduction (1)
Literature Review (5)
Introduction and Purpose of the Literature Review (5)
Theoretical Models of Corporate Disclosure (5)
Frameworks and Effects of Climate-Related Disclosure on Financial Performance (9)
Frameworks of Climate-Related Disclosure (9)
Empirical Links between Climate Disclosure and Financial Performance (12)
ESG Factors and Limitations of these Metrics (15)
Impact of ESG Factors on Financial Performance (15)
Criticism of external ESG Scores (17)
Types of Greenwashing and its Financial Consequences (18)
Definition and Forms of Greenwashing (18)
Drivers and Financial Consequences of Greenwashing (20)
New Approaches to Detecting Greenwashing (23)
Development of Hypotheses (24)
Research Gap and Contribution of the Study (25)
Methodology (27)
Cheap Talk Index (27)
Portfolio Approach (33)
Construction of the LMQ-Factor (34)
Regression Analysis (35)
Robustness Checks (36)
Data (37)
Results (41)
CTI Buckets (41)
Portfolio Analysis (44)
LMQ-Factor (49)
Existing Literature and Theoretical Implications (54)
Conclusion (55)
References (58
Verfassungsrechtliche Aspekte des Einsatzes von LLMs im AVG-Verfahren
No full textVERFASSUNGSRECHTLICHE ASPEKTE DES EINSATZES VON LLMS IM AVG-VERFAHREN
Verfassungsrechtliche Aspekte des Einsatzes von LLMs im AVG-Verfahren (1