Review of Accounting and Finance: Volume 17 Issue 3

Analysts’ forecasts and uncertainty about firm value

Angela Andrews, Pradyot Sen, Jens Stephan

The purpose of this study is to use implied volatilities from exchange traded options to examine the interaction between analysts’ forecast revisions and the market’s perception…

Predicting credit risk on the basis of financial and non-financial variables and data mining

Sihem Khemakhem, Younes Boujelbene

Data mining for predicting credit risk is a beneficial tool for financial institutions to evaluate the financial health of companies. However, the ubiquity of selecting parameters…

Managerial equity incentives and anti-dilutive convertible debt decisions

Henri Akono

This paper aims to examine whether high equity incentives motivate executives to avoid issuing convertible debt and/or to design convertible debt issues as anti-dilutive to…

Executive compensation and firm risk: an examination across industries

Stephen Abrokwah, Justin Hanig, Marc Schaffer

This paper aims to examine the impact of executive compensation on firm risk-taking behavior, measured by the volatility of stock price returns. Specifically, this analysis…

Investor sentiment and timely loss recognition

Hong Kim Duong, Michael Schuldt, Giorgio Gotti

The purpose of this paper is to investigate the impact of investor sentiment on timely loss recognition by examining a sample of firms for the period 1988-2015.

Corporate diversification: Can the observed diversification discount shed light on management’s choice to diversify or re-focus?

Garrett C.C. Smith, Jeffrey M. Coy

The purpose of this study is to compare two theories that relate the proportion of diversified firms in the economy and the implied discount for diversified firms: the first is a…