Managerial Finance: Volume 37 Issue 1

The effect of analyst coverage on accounting conservatism

Jerry Sun, Guoping Liu

The purpose of this paper is to examine whether high analyst coverage increases or decreases accounting conservatism.

Distance, information asymmetry, and mergers: evidence from Canadian firms

Nilanjan Basu, Mathieu Chevrier

The purpose of this paper is to examine the impact of the distance between the acquiror and the target on merger outcomes.

Inflation and the dividend policy of US firms

Tobias Basse, Sebastian Reddemann

The purpose of this paper is to analyse the dividend policy of firms from a macroeconomic perspective. In order to do so inflation and real growth are also considered.

Lead‐lag relationship, volatility asymmetry, and overreaction phenomenon

Chih‐Hsiang Chang, Hsin‐I Cheng, I‐Hsiang Huang, Hsu‐Huei Huang

The purpose of the paper is to investigate the price interrelationship between the Taiwanese and US financial markets.

Pricing interest rate derivatives under stochastic volatility

Nabil Tahani, Xiaofei Li

The purpose of this paper is to derive semi‐closed‐form solutions to a wide variety of interest rate derivatives prices under stochastic volatility in affine‐term structure models.

A new company descriptor takes us into a new era

Rebecca Marsh