{"id":"https://openalex.org/W2016607939","doi":"https://doi.org/10.1016/j.jimonfin.2005.11.012","title":"Creditor moral hazard in stock markets: Empirical evidence from Indonesia and Korea","display_name":"Creditor moral hazard in stock markets: Empirical evidence from Indonesia and Korea","publication_year":2006,"publication_date":"2006-01-31","ids":{"openalex":"https://openalex.org/W2016607939","doi":"https://doi.org/10.1016/j.jimonfin.2005.11.012","mag":"2016607939"},"language":"en","primary_location":{"id":"doi:10.1016/j.jimonfin.2005.11.012","doi":"https://doi.org/10.1016/j.jimonfin.2005.11.012","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2005.11.012","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5055492594","display_name":"Ay\u015fe Y. Evrensel","orcid":"https://orcid.org/0000-0003-0767-6831","observed_orcids":["https://orcid.org/0000-0003-0767-6831"]},"institutions":[{"id":"https://openalex.org/I87547150","display_name":"Southern Illinois University Edwardsville","ror":"https://ror.org/04cqs5j56","country_code":"US","type":"education","lineage":["https://openalex.org/I2801502357","https://openalex.org/I87547150"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Ay\u015fe Y. Evrensel","raw_affiliation_strings":["Southern Illinois University Edwardsville, Edwardsville, IL 62026, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Southern Illinois University Edwardsville, Edwardsville, IL 62026, USA","institution_ids":["https://openalex.org/I87547150"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038754372","display_name":"Ali M. Kutan","orcid":"https://orcid.org/0000-0003-4446-4627","observed_orcids":["https://orcid.org/0000-0003-4446-4627"]},"institutions":[{"id":"https://openalex.org/I135140700","display_name":"University of Bonn","ror":"https://ror.org/041nas322","country_code":"DE","type":"education","lineage":["https://openalex.org/I135140700"]},{"id":"https://openalex.org/I87547150","display_name":"Southern Illinois University Edwardsville","ror":"https://ror.org/04cqs5j56","country_code":"US","type":"education","lineage":["https://openalex.org/I2801502357","https://openalex.org/I87547150"]}],"countries":["DE","US"],"is_corresponding":false,"raw_author_name":"Ali M. Kutan","raw_affiliation_strings":["Center for European Integration Studies, Bonn, Germany","Emerging Markets Group, London, UK","Southern Illinois University Edwardsville, Edwardsville, IL 62026, USA","William Davidson Institute, Michigan, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Center for European Integration Studies, Bonn, Germany","institution_ids":["https://openalex.org/I135140700"]},{"raw_affiliation_string":"Emerging Markets Group, London, UK","institution_ids":[]},{"raw_affiliation_string":"Southern Illinois University Edwardsville, Edwardsville, IL 62026, USA","institution_ids":["https://openalex.org/I87547150"]},{"raw_affiliation_string":"William Davidson Institute, Michigan, USA","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5055492594"],"corresponding_institution_ids":["https://openalex.org/I87547150"],"apc_list":{"value":3130,"currency":"USD","value_usd":3130},"apc_paid":null,"fwci":3.9699,"has_fulltext":false,"cited_by_count":18,"citation_normalized_percentile":{"value":0.9370792,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"25","issue":"4","first_page":"640","last_page":"654"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0020000000949949026,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/imf-lending","display_name":"IMF lending","score":0.5460000038146973},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.6200000047683716},{"id":"https://openalex.org/keywords/asset-bubbles","display_name":"asset price bubbles","score":0.9279999732971191},{"id":"https://openalex.org/keywords/implicit-guarantees","display_name":"implicit guarantees","score":0.8989999890327454},{"id":"https://openalex.org/keywords/asian-financial-crisis","display_name":"Asian financial crisis","score":0.8209999799728394},{"id":"https://openalex.org/keywords/capital-flows","display_name":"capital flows","score":0.7239999771118164},{"id":"https://openalex.org/keywords/indonesia","display_name":"Indonesia","score":0.7089999914169312},{"id":"https://openalex.org/keywords/south-korea","display_name":"South Korea","score":0.7889999747276306}],"concepts":[{"id":"https://openalex.org/C2780202544","wikidata":"https://www.wikidata.org/wiki/Q44454","display_name":"Moral hazard","level":3,"score":0.8197373747825623},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7240418195724487},{"id":"https://openalex.org/C159091798","wikidata":"https://www.wikidata.org/wiki/Q157165","display_name":"Creditor","level":3,"score":0.6954723596572876},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5579723119735718},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5155296325683594},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.43347108364105225},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.42574232816696167},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.421177476644516},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.4184871017932892},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23312649130821228},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.1124495267868042},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.08120360970497131},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.07851433753967285},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.jimonfin.2005.11.012","doi":"https://doi.org/10.1016/j.jimonfin.2005.11.012","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2005.11.012","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jimfin:v:25:y:2006:i:4:p:640-654","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0261-5606(05)00120-8","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.5473999977111816}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":21,"referenced_works":["https://openalex.org/W1530709275","https://openalex.org/W1565872089","https://openalex.org/W1916870193","https://openalex.org/W1966268097","https://openalex.org/W1966916709","https://openalex.org/W2007636382","https://openalex.org/W2010806633","https://openalex.org/W2012129974","https://openalex.org/W2015194666","https://openalex.org/W2048996359","https://openalex.org/W2050643653","https://openalex.org/W2065443832","https://openalex.org/W2068281652","https://openalex.org/W2083137650","https://openalex.org/W2089429200","https://openalex.org/W2131449086","https://openalex.org/W2144606454","https://openalex.org/W2319554241","https://openalex.org/W2955515484","https://openalex.org/W3121208297","https://openalex.org/W3121306662"],"related_works":["https://openalex.org/W7099743111","https://openalex.org/W1608776378","https://openalex.org/W7095541307","https://openalex.org/W1575990802","https://openalex.org/W1523303161","https://openalex.org/W1982440863","https://openalex.org/W7096050795","https://openalex.org/W1482179245","https://openalex.org/W7100347625","https://openalex.org/W3124999447"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}