The Reputation of Underwriters: A Test of the Bonding Hypothesis

2010 ◽  
Author(s):  
Gilberto R. Loureiro
Keyword(s):  
Bonding Hypothesis

Clarifying the link between music and social bonding by measuring prosociality in context

2021 ◽  
Vol 44 ◽  
Author(s):  
Matthew E. Sachs ◽  
Oriel FeldmanHall ◽  
Diana I. Tamir
Keyword(s):  
Social Psychology ◽  
Social Bonding ◽  
Bonding Hypothesis

Abstract To corroborate the music and social bonding hypothesis, we propose that future investigations isolate specific components of social bonding and consider the influence of context. We deconstruct and operationalize social bonding through the lens of social psychology and provide examples of specific measures that can be used to assess how the link between music and sociality varies by context.

scholarly journals Regulatory Competition and the Market for Corporate Law

2020 ◽  
Vol 12 (2) ◽  
pp. 60-98 ◽  
Author(s):  
Ofer Eldar ◽  
Lorenzo Magnolfi
Keyword(s):  
Market Share ◽  
Empirical Model ◽  
Small Firms ◽  
Corporate Law ◽  
Regulatory Competition ◽  
Bonding Hypothesis

This article develops an empirical model of firms’ choice of corporate laws under inertia. Delaware dominates the incorporation market, though recently Nevada, a state whose laws are highly protective of managers, has acquired a sizable market share. Using a database of firm incorporation decisions from 1995 to 2013, we show that most firms dislike protectionist laws, such as anti-takeover statutes and liability protections for officers, and that Nevada’s rise is due to the preferences of small firms. Consistent with the bonding hypothesis, our estimates indicate that despite inertia, Delaware would lose significant market share and revenues if it adopted protectionist laws. (JEL G34, G38, K21, K22, L25, L51)

scholarly journals Relative Governance and the Global Cross-Listing Decision: Extending the Bonding Hypothesis

2017 ◽  
Vol 7 (1) ◽  
pp. 82
Author(s):  
Stephen Paul Ferris ◽  
Min Yu Liao
Keyword(s):  
Host Country ◽  
Home Country ◽  
Private Benefits ◽  
Private Benefits Of Control ◽  
Cross Listing ◽  
Bonding Hypothesis ◽  
Investor Protections ◽  
The U.S ◽  
Better Than

Using a comprehensive set of cross-listings, we extend the bonding hypothesis by developing what we term as the  relative bonding hypothesis. We hypothesize that firms seek the advantages of stronger investor protections by listing in countries whose governance is relatively better than its own. This means that firms can achieve bonding without listing in the U.S and that the governance advantages of bonding are not only for ADRs. We find that firms are more likely to choose a cross-listing destination if the host country has better governance than the home country, except those firms from countries whose managers enjoy greater private benefits of control. We also find that there is valuation premium even when cross-listing occurs  outside of the U.S. The premia are even stronger if the host country has better governance than that of the home country. We conclude that although bonding might explain the existence of ADRs, relative bonding helps to explain the extensive cross-listing which occurs outside of the U.S. 

scholarly journals Author’s response: Toward inclusive theories of the evolution of musicality

2021 ◽  
Author(s):  
Patrick E. Savage ◽  
Psyche Loui ◽  
Bronwyn Tarr ◽  
Adena Schachner ◽  
Luke Glowacki ◽  
...  
Keyword(s):  
Sexual Selection ◽  
Social Bonding ◽  
Cross Cultural ◽  
Signaling Mechanisms ◽  
Bonding Hypothesis ◽  
Definition Of ◽  
Compare And Contrast ◽  
Species Cross

We compare and contrast the 60 commentaries by 109 authors on the pair of target articles by Mehr et al. and ourselves. The commentators largely reject Mehr et al.’s fundamental definition of music and their attempts to refute 1) our social bonding hypothesis, 2) byproduct hypotheses, and 3) sexual selection hypotheses for the evolution of musicality. Instead, the commentators generally support our more inclusive proposal that social bonding and credible signaling mechanisms complement one another in explaining cooperation within and competition between groups in a coevolutionary framework (albeit with some confusion regarding terminology such as “byproduct” and “exaptation”). We discuss proposed criticisms and extensions, with a focus on moving beyond adaptation/byproduct dichotomies and toward testing of cross-species, cross-cultural, and other empirical predictions.

The bonding hypothesis revisited: evidence from US class action lawsuits

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jeffrey M. Coy ◽  
Kien D. Cao ◽  
Thuy T. Nguyen
Keyword(s):  
Spillover Effect ◽  
Abnormal Returns ◽  
Class Action ◽  
Content Type ◽  
Listed Firms ◽  
Class Action Lawsuits ◽  
Bonding Hypothesis ◽  
The Impact ◽  
Industry Peers ◽  
Negative Spillover

PurposeConsistent with an “absolute bonding hypothesis,” the benefits of listing on US exchanges experienced by cross-listed firms are accompanied by an increased risk of experiencing a spillover effect due to negative news within their industry. The purpose of this study is to test this form of the bonding hypothesis by analyzing the spillover effect to cross-listed firms when class action lawsuits are filed against their industry peers.Design/methodology/approachThe bonding hypothesis is tested by analyzing the spillover effect to non-sued cross-listed firms of class action lawsuits brought against US domestic firms in the same industry. The spillover effect is identified using cumulative abnormal returns around lawsuit filing dates from 1996 to 2020. A sample of matched non-sued cross-listed and domestic peer firms is evaluated in a cross-sectional analysis to identify country and firm-level characteristics that mitigate the negative spillover effect to cross-listed firms.FindingsWhile US firms realize significantly negative abnormal returns when class action suits are filed against their industry peers, the impact to cross-listed peers is statistically insignificant. In multivariate analyses, we show that the ability of cross-listed firms to avoid this negative spillover effect is stronger for firms with greater profitability that are headquartered in countries with better shareholder protections and governance characteristics.Originality/valueResults suggest that cross-listed firms may have a level of immunization from the negative industry spillover effect of class action lawsuits and, thus, exhibit only “partial bonding” to the US market.

Reassessment of the electron density in Cu2O using γ-ray diffraction

2014 ◽  
Vol 70 (6) ◽  
pp. 983-988
Author(s):  
Wolfgang Jauch ◽  
Manfred Reehuis
Keyword(s):  
Electron Density ◽  
Room Temperature ◽  
Covalent Bonding ◽  
Order Structure ◽  
Theoretical Studies ◽  
Single Crystal Diffraction ◽  
Structure Factors ◽  
Bonding Hypothesis ◽  
Multipole Refinement ◽  
Experimental And Theoretical Studies

The electron-density distribution in Cu2O has been critically reexamined to test controversial conclusions from earlier experimental and theoretical studies. The electron density is derivedviamultipole refinement of high-quality single-crystal diffraction data, collected at room temperature with 316.5 keV gamma radiation. Four γ-lines in the energy range 200–600 keV have been used to extrapolate extinction-free low-order structure factors. The remaining extinction corrections refine to a crystal mosaicity identical to the observed one. There is no support for anharmonic contributions to the thermal parameters. Important features of the derived electron density are (i) a partially filled d_{z^2} orbital, (ii) an incomplete ionization of Cu and O, and (iii) no interstitial Cu–Cu charge pileup, thereby refuting the covalent bonding hypothesis.

Cross-Listing, Bonding Hypothesis and Corporate Governance

2007 ◽  
Vol 34 (7-8) ◽  
pp. 1281-1306 ◽  
Author(s):  
Andreas Charitou ◽  
Christodoulos Louca ◽  
Stelios Panayides
Keyword(s):  
Corporate Governance ◽  
Cross Listing ◽  
Bonding Hypothesis
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