Managerial Finance: Volume 45 Issue 5

Capital structure and firm performance in European SMEs: Does credit risk make a difference?

Kang Li, Jyrki Niskanen, Mervi Niskanen

The purpose of this paper is to investigate whether the relationship between capital structure and firm performance in small- and medium-sized enterprises (SMEs) is moderated by…

Family involvement, corporate governance and dividends in Turkey

Pinar Sener, Elif Akben Selcuk

The purpose of this paper is to investigate the relationship between dividends and family involvement as well as corporate governance characteristics among Turkish public firms.

A five-year retrospective on an undergraduate SMIF program

Michael G. Mullen, Debra Salvucci

For undergraduate-only, AACSB-accredited business programs, establishing a student managed investment fund (SMIF) can be an enormous, but potentially worthwhile, undertaking…

A closer look at politically connected corporations: evidence from Citizens United

Ashley N. Newton, Vahap B. Uysal

The purpose of this paper is to examine the effects of political connections surrounding an exogenous Supreme Court decision (Citizens United) that lifted long-standing…

The impact of politics and economic policy uncertainty on anomaly-based investment strategies

Cedric Mbanga, Jeffrey Scott Jones, Seth A. Hoelscher

The purpose of this paper is to explore the overlooked relationship between politics and the performance of anomaly-based investment strategies.

Seeing or believing? Cross-listing and the earnings response

Madhurima Bhattacharyay, Feng Jiao

The purpose of this paper is to identify and examine two contrasting mechanisms of information asymmetry for cross-listed firms with respect to the information environment and its…

Lease vs buy: clarifying the impact of tax and borrowing rates

Jim Musumeci, Thomas O’Brien

The purpose of this paper is to survey the lease vs buy coverage in leading managerial finance textbooks and to clarify the impact of tax rates and borrowing rates.