Managerial Finance: Volume 37 Issue 10

The long‐run equity performance of zero‐leverage firms

Hongbok Lee, Gisung Moon

This paper aims to contribute to the existing finance literature on capital structure by examining the long‐run equity performance of the firms that employ extremely conservative…

Ex ante variables and carve‐out parent returns

Thomas H. Thompson

The purpose of this paper is to provide a comprehensive initial evaluation of the changing issuer objective and partial price adjustment hypotheses as applied to carve‐out parent…

Does experience matter? CEO successions by former CEOs

Eahab Elsaid, Xiaoxin Wang, Wallace N. Davidson

This paper aims to investigate an interesting yet mostly ignored distinction within external CEO successions: outside successors who have previous CEO experience and those who do…

A comparison of developed and emerging equity market return volatility at different time scales

Elizabeth A. Maharaj, Don U.A. Galagedera, Jonathan Dark

The purpose of this paper is to examine the volatility of daily returns in a sample of developed and emerging equity markets at different time scales through wavelet…

Managerial views about dividend policy in Pakistan

N.U. Khan, B.M. Burton, D.M. Power

Very little is known about the influences on dividend decisions in Pakistan, despite the importance of the market in the region and the nation's non‐standard tax system. This…