Listar por tema "Leverage"
Mostrando ítems 1-4 de 4
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Disentangling the transmission channel NPLs-cost of capital-lending supply
Chiesa, Gabriella; Mansilla Fernández, José Manuel
(Routledge, 2018)
Artículo / Artikulua 
This paper analyses the effects of non-performing loans (NPLs) on the cost of capital, and on lending and liquidity supply, for a sample of 225 Eurozone banks over the period 2002Q1-2016Q4. Our results demonstrate that ... -
Estimating the elasticity of intertemporal substitution with leverage
González Urteaga, Ana ; Rubio Irigoyen, Gonzalo (Elsevier, 2017)
Artículo / Artikulua
Following the recent literature on intermediary asset pricing models, this paper argues that the marginal utility of wealth of financial intermediaries can be used to generate enough volatility and counter-cyclicality on ... -
Leverage in family firms: the moderating role of female directors and board quality
Poletti Hughes, Jannine; Martínez García, Beatriz (Wiley, 2020)
Artículo / Artikulua
Grounded in the agency, socioemotional wealth and resource dependence theories, we study how debt decisions are influenced by family control and how such relationship is moderated by an internal corporate governance ... -
Pricing levered warrants with dilution using observable variables
Abinzano Guillén, María Isabel ; Navas, Javier F. (Taylor & Francis, 2013)
Artículo / Artikulua
We propose a valuation framework for pricing European call warrants on the issuer's own stock that allows for debt in the issuer firm. In contrast to other works which also price warrants with dilution issued by levered ...
