Now showing items 112-131 of 853

    • Concentrated Capital Losses and the Pricing of Corporate Credit Risk 

      Siriwardane, Emil Nuwan (2015-07-21)
      Using proprietary credit default swap (CDS) data from 2010 to 2014, I show that capital fluctuations for sellers of CDS protection are an important determinant of CDS spread movements. I first establish that markets are ...
    • Concentrated Capital Losses and the Pricing of Corporate Credit Risk - Online Appendix 

      Siriwardane, Emil Nuwan (2015-07-21)
      This is the online appendix to "Concentrated Capital Losses and the Pricing of Corporate Credit Risk". In this appendix, I provide additional stylized facts about the CDS market regarding: (i) the size of the market, (ii) ...
    • Conflicting Interests and the Effect of Fiduciary Duty: Evidence from Variable Annuities 

      Egan, Mark; Ge, Shan; Tang, Johnny (Oxford University Press (OUP), 2022-08-24)
      We examine the variable annuity market to study conflicts of interest and the effect of fiduciary duty in brokerage markets. Insurers typically pay brokers higher commissions for selling more expensive annuities. Our results ...
    • Consequences of Debt Forgiveness: Strategic Default Contagion and Lender Learning 

      Perez Cavazos, Gerardo (Wiley, 2019-02-20)
      I use a unique data set of loans to small business owners to examine whether lenders face adverse consequences when they grant debt forgiveness to borrowers. I provide evidence consistent with borrowers communicating their ...
    • Consequences of Financial Reporting Failure for Outside Directors: Evidence from Accounting Restatements and Audit Committee Members 

      Srinivasan, Suraj (2005)
      I use a sample of 409 companies that restated their earnings from 1997 to 2001 to examine penalties for outside directors, particularly audit committee members, when their companies experience accounting restatements. ...
    • Consequences to Directors of Shareholder Activism 

      Gow, Ian D; Shin, Sa-Pyung Sean; Srinivasan, Suraj (2014)
      We examine how shareholder activist campaigns affect the careers of directors of the targeted firms. Using a comprehensive sample of shareholder activism between 2004 and 2011, we find that directors are almost twice as ...
    • Constraints and triggers: Situational mechanics of gender in negotiation. 

      Bowles, Hannah Riley; Babcock, Linda C.; McGinn, Kathleen (American Psychological Association (APA), 2005)
      The authors propose two categories of situational moderators of gender in negotiation: situational ambiguity and gender triggers. Reducing the degree of situational ambiguity constrains the influence of gender on negotiation. ...
    • Consumer Disclosure 

      Kim, Tami; Barasz, Kate; John, Leslie (Wiley, 2020-12-12)
      As technological advances enable consumers to share more information in unprecedented ways, today’s disclosure takes on a variety of new forms, triggering a paradigm shift in what “disclosure” entails. This review introduces ...
    • The Contaminating Effects of Building Instrumental Ties: How Networking Can Make Us Feel Dirty 

      Casciaro, Tiziana; Gino, Francesca; Kouchaki, Maryam (Cornell University, The Johnson School, 2014-10-28)
      To create social ties to support their professional or personal goals, people actively engage in instrumental networking. Drawing from moral psychology research, we posit that this intentional behavior has unintended ...
    • Contingent Match Incentives Increase Donations 

      Anik, Lalin; Norton, Michael Irwin; Ariely, Dan (2014-07-23)
      We propose a new means by which non-profits can induce donors to give today and commit to giving in the future: contingent match incentives, in which matching is made contingent on the percentage of others who give (e.g., ...
    • Conveniently Upset: Avoiding Altruism by Distorting Beliefs about Others' Altruism 

      Di Tella, Rafael; Perez-Truglia, Ricardo; Babino, Andres; Sigman, Mariano (American Economic Association, 2015)
      We present results from a "corruption game" (a dictator game modified so that recipients can take a side payment in exchange for accepting a reduction in the overall size of the pie). Dictators (silently) treated to be ...
    • The Cooperative Solution of Stochastic Games 

      Kohlberg, Elon; Neyman, Abraham (2015-04-06)
      Building on the work of Nash, Harsanyi, and Shapley, we define a cooperative solution for strategic games that takes account of both the competitive and the cooperative aspects of such games. We prove existence in the ...
    • Cooperative Strategic Games 

      Kohlberg, Elon; Neyman, Abraham (2017-03-21)
      We examine a solution concept, called the “value," for n-person strategic games. In applications, the value provides an a-priori assessment of the monetary worth of a player's position in a strategic game, comprising not ...
    • Core Earnings: New Data and Evidence 

      Rouen, Ethan; So, Eric C.; Wang, Charles (Elsevier BV, 2021-12)
      Using a novel dataset, we show that components of firms' GAAP earnings stemming from ancillary business activities or transitory shocks are significant in frequency and magnitude. These components have grown over time and ...
    • A 'Core Periphery' Framework to Navigate Emerging Market Governments—Qualitative Evidence from a Biotechnology Multinational 

      Choudhury, Prithwiraj; Geraghty, James; Khanna, Tarun (2012)
      We build on the emerging literature of influence-based models to study how multinational firms can navigate host governments. Our "core-periphery" framework posits that the actions that an MNC takes with actors in what we ...
    • Corporate Debt, Firm Size and Financial Fragility in Emerging Markets 

      Alfaro, Laura; Asis, Gonzalo; Chari, Anusha; Panizza, Ugo (Elsevier BV, 2019-05)
      The post-Global Financial Crisis period shows a surge in corporate leverage in emerging markets and a number of countries with deteriorated corporate financial fragility indicators (Altman’s Z-score). Firm size plays a ...
    • Corporate Governance and Executive Compensation for Corporate Social Responsibility 

      Hong, Bryan; Zhichuan (Frank), Li; Minor, Dylan Blu (2015-08-17)
      We link the corporate governance literature in financial economics to the agency cost perspective of Corporate Social Responsibility (CSR) to derive theoretical predictions about the relationship between corporate governance ...
    • Corporate Governance When Founders Are Directors 

      Li, Feng; Srinivasan, Suraj (Elsevier, 2011)
      We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix ...
    • The Corporate Headquarters in the Contemporary Corporation: Advancing a Multimarket Firm Perspective 

      Menz, Markus; Kunisch, Sven; Collis, David J. (2015-09-29)
      The corporate headquarters (CHQ) is the central organizational unit in the contemporary corporation, and is critical for value creation in the overall firm. Since the early 1960s, a significant body of research on the CHQ ...
    • Corporate Headquarters in the Twenty-first Century: An Organization Design Perspective 

      Kunisch, Sven; Menz, Markus; Collis, David (Springer Science and Business Media LLC, 2020-11-05)
      The corporate headquarters (CHQ) of the multi-business enterprise, which emerged as the dominant organizational form for the conduct of business in the twentieth century, has attracted considerable scholarly attention. As ...