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The paper address the issues surrounding financing trade in Islamic law.
We apply theories of capital market failure to analyze optimal financing of risky higher education. In the market solution, students can only finance their education through debt. There ...
The main thrust of this valuable paper written by two highly qualified and respected scholars is that “the stakeholder theory of corporate governance finds strong roots in the ...
The aim of this paper is to investigate the effect of the Chinese B share market reform on the correlation and information transmission between A and B Shares issued in the Shanghai and Shenzen stock ...
This paper builds on recent empirical work by Mayer (1988,1990), Corbettand Jenkinson (1996,1997), Schmidt (2001), and Hackethal andSchmidt (2003) to investigate the sources of finance for physical ...
In this study firms are examined to determine the relationship between the current valuation of future growth opportunities and the firms' hedging behaviors. The results suggest that firms mostly ...
We study thee ffect of asset liquidity ("tangibility") on firm policies in the presence of financing constraints. We do so in areal options framework that allows for the simultaneous determination of ...
We examine whether discretionary accruals of firms obtaining substantial external financing can be explained by managerial manipulation or managerial overoptimism. Consistent with Teoh, Welch, and ...




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