We estimate empirically the impact of the insolvency and bankruptcy code (IBC) on corporate leverage in India. The analysis builds on the Prowess database. For the estimations we use the difference in differences approach, where listed firms are used as the control group. We find that the IBC...

We examine the effect of regional favoritism on firms’ access to credit. Using firm-level data on a large sample of 29,000 firms covering 48 countries, we investigate the hypothesis that access to credit of firms is higher in the birth regions of national political leaders. We find evidence...

With organisations increasingly operating in ambiguous, volatile and complex environments, understanding effective governance within the institutional context – via board monitoring, managerial incentives, risk management and other systems – is crucial and challenging. We invite the...

The conference will take place digitally. Topics: - Applied Macroeconomics - Behavioral Economics - Behavioral Finance - Corporate Finance and Governance - Financial Accounting - Financial Institutions and Services - General Financial Markets - Macoeconometrics - Managerial Accounting -...

The conference theme is "Management Accounting: Recent Themes and Directions for a Digital Future." Today, technology is reshaping the digital landscape of the organization and the associated business models. We have observed the automation and robotization of routine procedures, the...

Topics: - Market Liquidity and Funding Liquidity - Liquidity Aspects of Corporate Finance - Liquidity Aspects of Systemic Risk - Game Theoretic Aspects of Liquidity and Financial Markets - Global Liquidity (both Public and Private) and Regulations - Leverage and Macroeconomic Determinants -...

This year’s conference will focus on ways of overcoming a pandemic crisis and the role of governments and central banks in the post-pandemic economy. Second general topic of the conference relates to financial management in oil and gas industry in the light of energy transformation. Other...

We estimate empirically the debt limits and debt capacity of listed manufacturing firms in Nigeria over the period 2005-2019. The analysis contributes to our understanding of the financial constraints of the firms, and their scope to absorb shocks and finance growth using the debt market. The...

The symposium consists of high quality papers in the broad area of corporate finance theory. The Cambridge - Corporate Finance Theory Symposium 2022 will take place in a hybrid format (unless otherwise notified).