Does digital transformation matter for corporate risk-taking?

G Tian, B Li, Y Cheng - Finance Research Letters, 2022 - Elsevier
This paper investigates how the digital transformation of firms affects their risk-taking in
China. By using a panel of Chinese listed companies from 2007 to 2020, we find that digital …

[HTML][HTML] Firm biodiversity risk, climate vulnerabilities, and bankruptcy risk

G Adamolekun - Journal of International Financial Markets, Institutions …, 2024 - Elsevier
This study examines the relationship between firms' biodiversity risk, climate susceptibility,
and bankruptcy risk. The findings indicate that firm exposure to biodiversity risk increases …

Does an effective bankruptcy reform increases collateralized borrowing? Evidence from a quasi-natural experiment in India

R Singh, Y Chauhan, N Jadiyappa - Journal of Regulatory Economics, 2023 - Springer
This article analyses whether a credit ecosystem that enhances the recovery rate of default
debt by providing a time-bound method to address insolvency impacts collateralized …

Bankruptcy court establishment and corporate risk-taking

Y Zhang, K Wu - Finance Research Letters, 2023 - Elsevier
This study examines the influence of bankruptcy courts on the risk-taking behavior of listed
firms in China between 2002 and 2019. The establishment of bankruptcy courts discourages …

Creditor rights and investment sensitivity: evidence from an emerging market

P Tripathi, AK Sharma - Managerial Finance, 2025 - emerald.com
Purpose Creditor rights reduce or increase agency problems in corporations, affecting
financial decisions. This study examines the impact of India's Insolvency and Bankruptcy …

Balancing Techniques for Advanced Financial Distress Detection Using Artificial Intelligence

D Kuizinienė, T Krilavičius - Electronics, 2024 - mdpi.com
Imbalanced datasets are one of the main issues encountered by artificial intelligence
researchers, as machine learning (ML) algorithms can become biased toward the majority …

Bankruptcy spillovers and stock price crash risk of non-bankrupt firms

MVK Jagannath, RM Ladkani - Finance Research Letters, 2024 - Elsevier
This paper examines whether corporate bankruptcies affect non-bankrupt firms' stock price
crash risk. We observe that an upsurge in corporate bankruptcies adversely affects the crash …

Does bankruptcy reforms enhance firm performances for politically connected firms? Evidence from India

K Ganguly, AK Mishra - Journal of Emerging Market Finance, 2024 - journals.sagepub.com
Using a sample of 1,953 listed firms on the National Stock Exchange from 2009 to 2021, we
investigate whether politically connected firms alter their cash holding patterns following the …

Does an effective bankruptcy reform impact the selling cost behavior of firms? Evidence from India

A Srivastava - Journal of Public Affairs, 2024 - Wiley Online Library
This study examined whether strengthening of creditors' rights impacts the selling cost
behavior of firms or not? To investigate this question, the author exploited implementation of …

Does geopolitical risk alleviate the “sticky” cost behavior of firms? Evidence from India

S Srivastava, T Guruprasath, S Das - International Journal of System …, 2024 - Springer
This study explores how geopolitical risk (GPR) affects the “sticky” cost behavior of firms.
Using a piecewise linear regression analysis on 11,180 firm-year observations from India for …