WebPeer effects literature uses a variety of terminologies for representing this phenomenon like herd behavior, mimicking, social interaction, and information cascade. Theoretically, peer... WebDownloadable! We examine how a firms' investment behavior affects the investment of a neighboring firm. Economic theory yields ambiguous predictions regarding the direction of firm peer effects and consistent with earlier work, we find that firms display similar investment behavior within an area using OLS analysis. Exploiting time-variation in the rise …
Do Peer Firms Affect Corporate Financial Policy? - Finance …
WebJul 25, 2024 · Using employee works for superior peer firm as a mediator reduces the mediation effect. While the variable mediates roughly 23% (0.024/0.108) of the effect of number of peers on an employee's personal success, it mediates 58% (1.074/1.861) of the effect of superiority of peers on an employee's personal success. WebPasini (2014)). With increasing intra- and inter-industry firm interactions, peer effects have been found to be one of the most import determinants of corporate behavior. For example, according to Leary and Roberts (2014), peer effects are more important for capital structure decision than most previously identified determinants. now time with seconds
Keeping up with the CSR Joneses: The impact of industry peers on …
WebJul 17, 2024 · This paper investigates if and how a peer’s bankruptcy affects financial reporting by other firms within the industry. Prior research documents that the bankruptcy … WebOct 9, 2024 · Peer effects are stronger in concentrated markets, featuring more heterogeneous firms, and for smaller firms with less precise information. Our findings are … WebAug 22, 2013 · These peer effects are more important for capital structure determination than most previously identified determinants. Furthermore, smaller, less successful firms … ni employers online