Emerging Markets Review最新文献_第2页

CEO early-life experience and corporate accounting conservatism: Insights from the socio-political context 首席执行官的早年经历与企业会计保守主义：社会政治背景的启示

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-10-14 DOI: 10.1016/j.ememar.2024.101215

Xutang Liu , Martin Young , Jing Liao

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引用次数: 0

Can value-added tax refund policy inhibit corporate financial fraud? Evidence from China 增值税退税政策能否抑制企业财务造假？来自中国的证据

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-10-05 DOI: 10.1016/j.ememar.2024.101212

Wei Yu , Yueyun Yan , Keying Zhu , Peijue Zhang

引用次数: 0

Heterogeneous uncertainty matters! Evidence based on firms' cost management decisions 异质性不确定性很重要！基于企业成本管理决策的证据

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-10-03 DOI: 10.1016/j.ememar.2024.101210

Lu Li , Xi Yuan , Shuang Wei , Guochao Yang

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引用次数: 0

The imprint effect of initial institutional environments and bank financing in family businesses 家族企业初始制度环境和银行融资的印记效应

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-10-03 DOI: 10.1016/j.ememar.2024.101213

Chen Cheng, Ke Qiu, Yufan Yang

{"title":"The imprint effect of initial institutional environments and bank financing in family businesses","authors":"Chen Cheng, Ke Qiu, Yufan Yang","doi":"10.1016/j.ememar.2024.101213","DOIUrl":"10.1016/j.ememar.2024.101213","url":null,"abstract":"<div><div>The initial imprint embedded in family business origin provides us with favorable support for identifying how past institutional environments and then current governance characteristics influence financing. This study investigates the influence of family business origin on loan borrowing, and finds that restructured family firms (RFFs), which are formed through the restructuring of collective-ownership enterprises, are likely to obtain more loans compared to entrepreneurial counterparts (EFFs). The effect varies with local marketization, family control rights, and intergenerational succession. Our findings suggest that restructured family firms have a sounder modern enterprise system, less information asymmetry, and consequently pose less credit risk, which allows them to access loans more easily. In addition, institutional differences stemming from the origin of the firms affect the composition and cost of bank financing. RFFs outperform EFFs in terms of the size of non-local bank loans and the cost of loans. Overall, this study shows that the institutional environment of family firms at the founding stage has a long-term impact on future financing.</div></div>","PeriodicalId":47886,"journal":{"name":"Emerging Markets Review","volume":"63 ","pages":"Article 101213"},"PeriodicalIF":5.6,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142422773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Fintech competencies in emerging markets: Cognitive hybrid decision-making approach 新兴市场的金融科技能力：认知混合决策方法

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-10-02 DOI: 10.1016/j.ememar.2024.101211

Dadan Rahadian , Anisah Firli , Serhat Yüksel , Hasan Dinçer

引用次数: 0

Evaluation of the space-time effects of Covid-19 on household loans and savings in Romania - A spatial panel data approach at county level 评估 Covid-19 对罗马尼亚家庭贷款和储蓄的时空影响--县级空间面板数据方法

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-09-30 DOI: 10.1016/j.ememar.2024.101209

Ștefana Belbe , Darie Moldovan , Alin Marius Andrieș , Philipp Otto , Codruța Mare

引用次数: 0

How does Russia's economy affect the region? Transmission channels and policy options 俄罗斯经济如何影响本地区？传播渠道和政策选择

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-09-29 DOI: 10.1016/j.ememar.2024.101205

Shant Arzoumanian

引用次数: 0

Local official turnover and bank risk-taking: Evidence from China 地方官员更替与银行风险承担：来自中国的证据

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-09-27 DOI: 10.1016/j.ememar.2024.101208

Siyu Zhang , Rongli Yuan , Yukun Li , Li Chen , Danglun Luo

引用次数: 0

Impact of asymmetry on exchange rate determination: The role of fundamentals 不对称对汇率决定的影响：基本面的作用

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-09-21 DOI: 10.1016/j.ememar.2024.101206

Levent Korap

引用次数: 0

How do stock markets in emerging economies respond to World Bank loan approvals? 新兴经济体的股票市场如何应对世界银行的贷款审批？

IF 5.6 2区经济学

Emerging Markets Review Pub Date : 2024-09-15 DOI: 10.1016/j.ememar.2024.101207

Erasmus Kersting, Christopher Kilby

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引用次数: 0