This dissertation studies the effects of informational asymmetries on corporate finance. Two distinct settings are considered, one empirical and one theoretical. In the first chapter, I show that strong creditor rights facilitate the financing of innovation, using a novel dataset of patent collateral portfolios. Using the random timing of court decisions as a source of exogenous variation in cr...

Based on the Lasso algorithm and a bidirectional fixed multiple linear regression model, this study comprehensively investigates impact of macro micro factors credit spread ESG bonds in China. Research has shown that is negatively correlated with such as regional per capita GDP, local fiscal revenue, money supply, stock market returns, well total issuance amount, entity rating, debt guaranteed ...

Employing the event study methodology, this research probes response of share prices to announcements rights issues and debenture within Colombo Stock Exchange. The market model, a quintessential tool for estimating abnormal returns, was harnessed scrutinize samples encompassing issue (n=85) (n=106). These events transpired period spanning 2012 2019, providing context post-Global Financial Cris...

We find that green bond issuers are more financially constrained. use three measures of financial constraint, which the FCP index, SA and Altman’s Z score. test link between issuance constraints using difference in means, regression analyses a matching procedure. finally document these increase after first issuance.

making a negotiable instrument on behalf is one of the most important issues in negotiable instruments law. under general rules, the principle has the obligations arising from making negotiable instrument on behalf and agent is not in charge. if the maker wasn’t an agent or he violated the representation area, his act wouldn’t be valid. now the question is if the agent doesn’t manifest his posi...

Patient blood management is now high on national and international health-system agendas. Serious supply challenges as a result of changing population dynamics, escalating cost of blood, ongoing safety challenges and questions about transfusion efficacy and outcomes are necessitating change in transfusion practice. Numerous initiatives are underway to bring about change, including the instituti...

Issuance effects are regarded as one of the most important aspects referring to regulatory guidelines green corporate bond ratings. This paper developed a new incentive difference Hotelling model, considering four major factors, i.e., direct effect issuance, indirect reputation rating agencies and penalties. In this how impact dual mechanism integrated was discussed. Numerical experiments were ...