This paper finds that banks generally view #AIexposure as a #credit positive, assigning lower default risk to firms in AI-exposed industries. But the effect is much weaker for labor-intensive firms, where lenders appear more concerned about disruption. https://t.co/o0Alzmx5Lr
This paper finds that banks generally view #AIexposure as a #credit positive, assigning lower default risk to firms in AI-exposed industries. But the effect is much weaker for labor-intensive firms, where lenders appear more concerned about disruption. https://t.co/o0Alzmx5Lr
My latest publication on the Journal of Corporate Finance shows that newly public firms still often need to commit to performance sensitive debt to convince new lenders for future financing even though the IPO serves as an information-releasing event.
https://t.co/zDMrZsBigG
Happy to be in Parma for the weekend again. Two years in a row I've been able to make it to a @ParmaCalcio_en game, thanks to visiting positions in Italian universities.
I travel for work a lot so I often have dinner alone at restaurants. The only two times that I ever felt a bit awkward were both in Italy. "One person? No problem. Don't worry, be happy" 😂 In cozy small town Parma and romantic Venice. I guess I have myself to blame.