Hasil untuk "Finance"

R. Musgrave

E. Eberlein, Ulrich F. Keller

E. Fama, Merton H. Miller

M. Robinson

S. Marlow, D. Patton

A. Shleifer, Robert W. Vishny

Fire sales are forced sales of assets in which high-valuation bidders are sidelined, typically due to debt overhang problems afflicting many specialist bidders simultaneously. We overview theoretical and empirical research on asset fire sales, which shows how they can arise, how they can lead to asset under-valuations, how contracts and bankruptcy regimes adjust to the risk of fire sales, how fire sales can lead to downward spirals or cascades in asset prices, how arbitrage fails in the presence of fire sales, and how fire sales can reduce productive investment. We conclude by showing how asset fire sales shed light on several aspects of the recent financial crisis, and can account for the success of the liquidity provision and asset purchase policies of the Federal Reserve.

Zamir Iqbal, A. Mirakhor

B. LeBaron

T. Beck, A. Demirguc-Kunt, L. Laeven et al.

T. Beck, A. Demirguc-Kunt, R. Levine

Victor Stango, Jonathan Zinman

Raghuram G Rajan

M. Ayub

P. Langley

Philip Brown, Philip Brown, Wendy Beekes et al.

G. Davis

Thomas Philippon, Ariell Reshef

Dwi Siti Syarifah Usriani, Selmita Paranoan, Muhammad Din et al.

Purpose:  This study aims to assess the level of compliance of political parties in Palu in reporting their 2024 election campaign funds, with a focus on the transparency and accountability of reports in accordance with applicable regulations. Methodology/approach: The method used is quantitative descriptive research with a descriptive statistical approach. Data was obtained through documentation, which involved campaign finance reports from 18 political parties. The research sample used a saturated sampling technique. Findings: Most political parties were compliant in reporting campaign finances, with high compliance rates of 96,3% for RKDK, 95,8% for LADK, 100% for LPSDK, and 97,9% for LPPDK. Despite this progress, stricter supervision by the KPU and Bawaslu and more rigorous enforcement of sanctions are needed to ensure that campaign funds are clearly and transparently accounted for. Practical  and Theoretical Contribution/Originality: This study assists the KPU and Bawaslu of Palu City by demonstrating the effectiveness of existing regulations and increasing public political awareness of the importance of transparency in campaign finance reporting. Research   Limitation: This study is limited to the city of Palu and uses secondary data from audited reports, so it does not describe compliance dynamics throughout Indonesia.

R. Greenwood, D. Scharfstein