In this article, we introduce the community-contributed command estudy and illustrate how it
can be used to perform an event study customizing the statistical framework, from the …

We provide a comprehensive assessment of the relationship between Corporate
Sustainability Performance (CSP) and the cost of debt (CoD) by employing both score-and …

The outbreak of COVID-19 creates serious distress for the world economy due to an
increasing economic, financial and health related response to the pandemic. The purpose of …

We study the impact of stronger shareholder control on bondholders. We find that the
passage of shareholder-sponsored governance proposals causes a decline in credit default …

The European Union introduced Regulation 236/2012 in 2012 to address short selling and
certain aspects of credit default swaps (CDS). Consequently, a uniform short position …

This paper proposes the Stata command estudy and illustrates how it can be used to
perform an event study customizing the statistical framework, from the estimates of abnormal …

We evaluate the size and power of different statistical tests and adjustment methods for
matching-portfolio models to detect abnormal changes in credit default swap (CDS) spreads …

We use hikes in the countercyclical capital buffer [CCyB] to measure how markets react to
tighter bank capital requirements. Our identification strategy relies on two unique features of …

Monitoring the default risk of banks is highly relevant for companies when they enter into
derivative contracts with banks to hedge risks. These contracts are subject to the …

En este artículo se explora el impacto de la pandemia del COVID-19 en el riesgo de crédito
de grandes compañías europeas. Se seleccionan las empresas incluidas en el índice …