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Journal Article
Issues in corporate governance
McDonough, William J.
(2002-09)
On September 29, 2002, William J. McDonough, President of the Federal Reserve Bank of New York, delivered the William Taylor Memorial Lecture in Washington, D.C., at an event cosponsored by the William Taylor Memorial Fund and the Group of Thirty, a private, international consultative group on economic and monetary affairs. In his lecture, Mr. McDonough describes the actions already taken by private and public sector groups to strengthen corporate governance and accounting standards and identifies areas where reforms are still needed.
Current Issues in Economics and Finance
, Volume 8
, Issue Sep
Journal Article
Another view of the underpricing of initial public offerings
Ruud, Judith S.
(1991-04)
How should high average initial returns on new public offerings of common stocks be interpreted? The usual view is that such offerings are intentionally underpriced. This study draws on previously neglected information about return distributions and market practice to advance a different explanation for the high average returns.
Quarterly Review
, Volume 16
, Issue Spr
, Pages 83-85
Journal Article
Equity shares and the financial markets
Runyon, Herbert
(1976-07)
Economic Review
, Issue Sum
, Pages 25-33
Report
Explaining international differences in the cost of capital: the United States and United Kingdom versus Japan and Germany
Zimmer, Steven A.; McCauley, Robert N.
(1989)
Research Paper
, Paper 8913
Journal Article
Will higher corporate debt worsen future recessions?
Faust, Jon
(1990-03)
Economic Review
, Volume 75
, Issue Mar
, Pages 19-34
Journal Article
The high-yield debt market: 1980-1990
Jefferis, Richard H.
(1990-04)
A review of the growth of the junk bond market, the trends that contributed to its expansion, and the impact of recent events on its viability.
Economic Commentary
, Issue Apr
Journal Article
Financial developments among large manufacturing corporations, 1945
Warner, Doris P.; Koch, Albert R.
(1946-10)
Federal Reserve Bulletin
, Issue Oct
, Pages 1106-1114
Report
Firms and flexibility
Sahin, Aysegul; Hobijn, Bart
(2007)
We study the effects of labor market rigidities and frictions on firm-size distributions and dynamics. We introduce a model of endogenous entrepreneurship, labor market frictions, and firm-size dynamics with many types of rigidities, such as hiring and firing costs, search frictions with vacancy costs, unemployment benefits, firm entry costs, and a tax wedge between wages and labor costs. We use the model to analyze how each rigidity explains firm-size differentials between the United States and France. We find that when we include all rigidities and frictions except hiring costs and search ...
Staff Reports
, Paper 311
Working Paper
Debt covenants and renegotiation
Mester, Loretta J.; Berlin, Mitchell
(1992)
Working Papers
, Paper 92-9
Working Paper
Debt maturity and the back-to-the-wall theory of corporate finance
Sharpe, Steven A.; Fenn, George W.
(1991)
Finance and Economics Discussion Series
, Paper 171
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