This paper examines the relation between bankruptcy probability and cost of debt using a sample of over 10,000 firms. This study assumes a positive relation between bankruptcy costs are significant and therefore influence ...

For the past 3 decades in interest in Corporate Social Responsibility (CSR) has grown tremendously. The research on this topic has focused in many directions but always ended up with contradictory results. The purpose ...

This paper gives a comprehensive analysis of the difference in financial exposure towards the Euro Area and towards the US of global investors. It finds that, although the US is by far the number 1 destination of foreign ...

This study provides an analysis on the cross-firm social tie effect on acquirer cumulative abnormal returns (CAR) and the influence of acquirer board type on this effect. Using a sample of 90 European within border merger ...

The objective of this paper is to analyse the effects of the European Short Selling Disclosure Regulation on informational efficiency, asset pricing, and herding. The analyses are based on the UK financial market during ...

This study examines excess return on equities and the effect of financial crises and recessions on excess equity returns. Excess equity returns are observed in three northern European countries: The Netherlands, Germany, ...

This research investigated whether CSR performance influences shareholder wealth at the announcement period using a worldwide sample of mergers and acquisitions. This was investigated by using a short-term event study. ...

This paper examines investors’ reference point and satisfaction. We demonstrate that investors’ reference point and satisfaction are heavily affected by stock and market returns. Using an experimental design, we analyze ...

In this research, I study the relationship between cryptocurrency’s (Bitcoin, Ethereum and Litecoin) return, exchange volume and volatility on one side, and investor’s attention and investor sentiment on the other. Together ...

This thesis attempts to bring more realism to capital structure theory by incorporating the moderating effect of creditworthiness into the current body of literature. Three operationalizations of creditworthiness are taken ...