Managerial Finance: Volume 47 Issue 2

Foreign currency borrowing and firm financing constraints in emerging markets: evidence from India

Sanket Mohapatra, Jay Prakash Nagar

First, the purpose of this study is to examine the relationship between foreign-currency debt and firms' financing constraints for India, the second-largest emerging market…

Corporate innovation in a world of common ownership

Cheng-Huei Chiao, Bin Qiu, Bin Wang

The purpose of this paper is to examine the impact of common ownership on corporate innovation, including innovation input, innovation output and postgrant patents.

The relationship between home bias and globalization – an international comparison

Sivan Riff, Yossi Yagil

The authors aim to examine the relationship between home bias and globalization while specifically examining the effects of the different dimensions of globalization (social…

Capital budgeting practices: evidence from Korea

Taeyeon Kim, Hongbok Lee, Kwangwoo Park, Doug Waggle

The authors present the results of a survey on how Korean firms evaluate new projects and estimate their capital costs. The authors report how Korean firms’ capital budgeting…

Trick or treat? The Halloween effect in stock markets revisited

Gylfi Magnusson

The subject of this paper is seasonal variation in the return on stocks. The phenomenon we analyze here is known as the “Halloween effect” or the trading strategy “sell in May and…

The effect of superstar gig workers on shareholder value: evidence from professional wrestling

Kelly Carter

The purpose of this paper is to measure the effect of superstar gig workers, defined as independent contractors who are the most successful in their field, on shareholder value…

Corporate risk: CEO overconfidence and incentive compensation

Tom Aabo, Nicholai Theodor Hvistendahl, Jacob Kring

The purpose of this study is to investigate the association between corporate risk and the interaction between CEO incentive compensation and CEO overconfidence.

Measuring financial literacy: a literature review

Sonia Ouachani, Olfa Belhassine, Aïda Kammoun

The purpose of this paper is to review the main methods used in the literature to measure financial literacy (FL) of individuals.