... This evidence suggests that different disclosures are complements
rather than substitutes. Prior research also documents that different types
of disclosures are associated with firm size (e.g., see ... Ease Listing of
Foreign Companies,” Wall Street Journal, February 18, 2000, p. A3.
IAS VERSUS US. GAAP 449
remain and that U. S. GAAP are still superior because IAS are less rigorous,...
... savings deposits,
and savings certificates of domestic non-banks (without domestic public authorities); Source: Deutsche
Bundesbank (2006e), Statistisches Bundesamt (2008), own calculations ... of those of savings banks. Thus, the branching policy of savings
banks is less dependent on regional economic factors, due to their public mission. The
univariate regression results are shown ... a...
... investors is greater. This is the case when λ is greater and when R
1
is smaller so that the damage caused by withdra wals to the fund s assets is more severe. This
discussion leads to our first ... This assumption is reasonable
given that typically there is less urgency in buying new securities in response to inflows than in selling securities in
response to outflows.
11
Define R
1
suc h that...
... capsules,
suggesting not only that sex changes had occurred since
the time of copulation but also that some of these
individuals had subsequently reproduced as a female.
Another surprising result ... multiple paternity
within a stack, reproductive success of young mobile
males and the relation between mating success and sex
reversal could not be assessed in this species.
A second interest ......
... country s banking system relative to total banking assets held by
all countries in the group.
The results from the first-stage regressions of foreign bank share on these
group characteristics ... are country results so different from the U. S. results? Our model
suggests that integration heightens the impact of firm collateral shocks on
spending. Perhaps foreign banks respond more elas...
... 3
a
Includes U. S based and non-asset-backed corporate issues.
b
Includes only GNMA, FNMA, and FHLMC mortgage-backed securities.
c
Rough estimates by Moodys’ Investor Services.
Sources: Public Securities ... Financial Studies/v11n21998
Table 1
Relative size and components of the U. S. bond market (1995)
Par Value Daily Volume Number of
Security Type (billions) (billions) Outstanding Is...
... possible states that the system can adopt. Further,
in his system, rules determine how past states will influence future states.
Kauffman asserts that, as a result of these rules, the system will, ... necessary specialized functions. Susumu Ohno (1996) has noted
that Cambrian animals would have required complex proteins such as
lysyl oxidase in order to support their stout body structures. Lys...
... 4.68).
16
For robustness purposes, we also examined the event study results for hypotheses H1 and
H2 using five other CAR measures: (a) unadjusted, (b) mean-adjusted, (c) market- adjusted,
(d) Fama-French ... default dates. To address this issue, we examine next whether we find
similar results around events that are more exogenous to bank lenders, such as bond default
dates.
These results are...
... 96/8.
Aukutsionek S. (1996), « Bank Loans to Russian Industry », Russian Economic Barometer, 4.
Aukutsionek S. (1997a), « Surveys of Industrial Enterprises in 1996: Results and Forecasts »,
Russian Economic ... différenciations significatives.
Seules les entreprises dans une situation tr s mauvaise licencient massivement, mais sans
parvenir à maintenir la productivité. Les meilleures perfo...