The present study examines the impact of Net Stable Funding Ratio (NSFR) on performance Indian commercial banks from 2010 to 2021. further investigates how relationship between liquidity and varies under influence bank-specific factors such as ownership structure (Promoter vs. Institutional investors). Bank is evaluated using a two-fold approach—Profitability measures (NIMs ROA) NPA levels bank...

We provide evidence that the financing decisions of companies that are audited by a Big Six auditor are less affected by information asymmetry. Specifically, these companies enjoy greater financial flexibility and depend less on favorable market conditions for their equity issuance decisions than those not audited by a Big Six firm. As a consequence, their debt ratios are less affected either b...

This paper investigates the impact of asset liquidity on the valuation of corporate securities and the firm’s financing decisions. I show that asset liquidity increases debt capacity only when bond covenants restrict the disposition of assets. By contrast, I demonstrate that, with unsecured debt, greater liquidity increases credit spreads on corporate debt and reduces optimal leverage. The mode...

This paper analyzes the interaction between financial leverage and takeover activity. We develop a dynamic model of takeovers in which the financing strategies of bidding firms and the timing and terms of takeovers are jointly determined. In the paper, capital structure plays the role of a commitment device, and determines the outcome of the acquisition contest. We demonstrate that there exists...

BACKGROUND In the financing of a national health system, where pharmaceutical spending is one of the main cost containment targets, predicting pharmacy costs for individuals and populations is essential for budget planning and care management. Although most efforts have focused on risk adjustment applying diagnostic data, the reliability of this information source has been questioned in the pri...

BACKGROUND The effects of clinical-trial funding on the interpretation of trial results are poorly understood. We examined how such support affects physicians' reactions to trials with a high, medium, or low level of methodologic rigor. METHODS We presented 503 board-certified internists with abstracts that we designed describing clinical trials of three hypothetical drugs. The trials had hig...

Direct GME funding from Medicare is calculated by a ratio of the total number of inpatient days spent by Medicare patients divided by the total number of inpatient days by all patients in a specific hospital. Residents in primary care specialties (ie, family medicine, general internal medicine, general osteopathic medicine, general pediatrics, geriatric medicine, obstetrics and gynecology, and ...

This study examines whether liquidity, as measured by net stable funding ratio (NSFR), impacts bank performance and risk. Based on an annual panel data set consisting of 2,909 banks from 127 countries, we find that NSFR reduces both These results are uniquely different in the robustness analysis under various settings (non-linear relationships, high versus low NSFR, conventional Islamicbanks). ...

and commentary also appear in ACP Journal Club. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . For correspondence: Dr B R Celli, St. Elizabeth’s Medical Center, Tufts University School of Medicine, Boston, MA, USA. [email protected] Source of funding: no external funding. BODE index for predicting death in chronic obstr...

OBJECTIVES To assess the extent to which funding and study design are associated with high reprint orders. DESIGN Case-control study. SETTING Top articles by size of reprint orders in seven journals, 2002-09. PARTICIPANTS Lancet, Lancet Neurology, Lancet Oncology (Lancet Group), BMJ, Gut, Heart, and Journal of Neurology, Neurosurgery & Psychiatry (BMJ Group) matched to contemporaneous art...