Endogeneity

  1. BNDES FINANCING AND LABOR PRODUCTIVITY IN BRAZIL: AN ANALYSIS BY COMPANY SIZE
    Analysis of how BNDES financing affects labor productivity in Brazilian firms, showing micro and small enterprises gain more than larger companies.
  2. Political donations are linked to lower cash holdings and investment efficiency
    Study of 300 Australian firms reveals political donations correlate with lower cash holdings, higher leverage, and reduced investment efficiency, pointing to agency costs.
  3. FinTech and board characteristics are linked to higher cash holdings in Jordanian banks
    Study of 14 Jordanian banks (2009–2024) reveals significant positive associations between FinTech adoption, board characteristics, and cash holdings, supporting agency and consumer theory.
  4. Local air pollution reduces expatriate deployment
    Study reveals that local air pollution significantly reduces expatriate deployment in multinational subsidiaries, with effects contingent on organizational experience and labor supply.
  5. GVC participation is linked to higher firm innovation in Vietnam
    Microeconomic evidence on global value chain participation and firm innovation in Vietnam, 2005-2023, examining effects across firm heterogeneity using probit regression with instrumental variables.
  6. Credit risk is linked to liquidity hoarding in African banks
    Panel analysis of credit risk-driven liquidity hoarding in African banks, examining institutional quality and global uncertainty effects across 474 institutions, 2013-2022.
  7. Financial reporting quality linked to wins in competitive Japanese tenders
    Study examines how financial reporting quality and quantity affect Japanese government procurement success, revealing transparency benefits in competitive tenders and political connections as.