International Journal of Managerial Finance
Issue(s) available: 77 – From Volume: 1 Issue: 1, to Volume: 18 Issue: 4
A multi-country study of factors and threshold values affecting sovereign debt-taking behavior
Reza Tahmoorespour, Mohamed Ariff, Kian Tek Lee, Sharon Dharsini Anthony, Yaasmin Farzana Abdul KarimThis manuscript reports evidence on how debt-taking decisions of top management in a multi-country setting do affect credit rating scores assigned by credit rating…
Stock price crash risk and the adoption of poison pills: evidence from Brazil
Yuri Gomes Paiva Azevedo, Lucas Allan Diniz Schwarz, Hellen Bomfim Gomes, Marcelo Augusto AmbroziniThe purpose of this paper is to examine the effect of stock price crash risk on the adoption of poison pills.
IFRS experience and earnings quality in the GCC region
Nasser S. Kh. Al-Enzy, Reza Monem, Shamsun NaharThis paper aims to examine the association between the adoption experience of the International Financial Reporting Standards (IFRS) and the quality of reported earnings…
Impact of financial distress on investment-cash flow sensitivity: evidence from emerging economy
Gaurav Gupta, Jitendra MahakudThe purpose of this study is to examine the impact of financial distress (FD) on investment-cash flow sensitivity (ICFS) of Indian firms.
Debt dynamic, debt dispersion and corporate governance
Daniel TutThis paper addresses the following questions: Why do some firms employ multiple debt types? What explains debt heterogeneity? Is the choice of the source of debt a…
Portfolio weights concentration: optimal strategies and equilibrium implications
Paskalis GlabadanidisThe purpose of this article is to help investors build less-concentrated portfolios as well as to construct optimal return-concentration portfolios.
The influence of corporate governance on the performance of family-controlled firms: exploring the effects of legal jurisdiction
Ella Guangxin Xu, Joey W. Yang, Yuan George Shan, Chris GravesThis study investigates effects of corporate governance on the financial performance of family-controlled firms and how these effects differ between common law and civil…
Robust market timing tests of Canadian hybrid mutual funds
Mohamed A. Ayadi, Anis Chaibi, Lawrence KryzanowskiPrior research has documented inconclusive and/or mixed empirical evidence on the timing performance of hybrid funds. Their performance inferences generally do not…
CFO credentials, stock market signaling, and firm performance
Sudip Datta, Trang Doan, Abhijit Guha, Mai Iskandar-Datta, Min-Jeong KwonThis paper examines how “strategic” chief financial officers (CFOs) with an elite MBA (i.e. elite CFOs) influence (1) stock market reaction to CFO hiring announcements (ex…
Firm-level political risk and corporate innovation: evidence from US listed firms
Huson Ali Ahmed, Mohammad Badrul Muttakin, Arifur KhanThe study examines the association between firm-level political risk and corporate innovation and also this study explores how financial constraint and growth level of a…
Does organizational form really matter to investment firms?
XiaoXiao Han, Skander Lazrak, Samir TrabelsiThe purpose of this study is to investigate whether the organizational form of an investment management firm affects the performance of the mutual funds under its…
Powerful political corporate appointments and firm bribery channels
Hamish D. Anderson, Jing Liao, Jingjing Yang, Martin YoungThe authors examine the influence of powerful political corporate appointments on the usage of firm bribery channels. Party Secretaries within Chinese state-owned…
Stock return synchronicity in a weak information environment: evidence from African markets
Anthony Kyiu, Edward Jones, Hao LiThis study investigates the level of stock return synchronicity in African markets with the aim of establishing whether, contrary to conventional wisdom, stock return…
Corporate risk-taking after changes in credit rating
Hardjo KoerniadiThe paper aims to investigate corporate risk-taking following changes in firms' credit ratings (CR) and the mechanisms the firms use in implementing the risk-taking.
Does corporate social responsibility transparency mitigate corporate cash holdings?
Mohammad Hendijani Zadeh, Michel Magnan, Denis Cormier, Ahmad HammamiThis article aims to explore whether a firm's corporate social responsibility (CSR) transparency alleviates a firm's cash holdings.
The effect of investor sentiment and the structure of shareholder ownership on corporate investment
Hui Li, Bruce GrundyThis paper aims to investigate the relations amongst investor sentiment, the structure of shareholder ownership and corporate investment.
Do analysts cater to investor information demand?
Benjamin Jansen, Md Miran Hossain, Jon TaylorThe purpose of the study is to examine whether analyst coverage responds to changes in investor information demand for a firm and to test whether certain investor or firm…
The impact of hiring local managers on foreign venture capital performance: evidence from China
Wanyi Chen, Qingchuan Hou, Gary Tian, Lanfang WangThis study examines whether recruitment of local managers helps foreign venture capital (VC) firms mitigate the liability of foreignness measured by cultural differences…
Executive compensation linked to corporate social responsibility and firm risk
Lucia Gao, Shahbaz Sheikh, Hong ZhouThe purpose of this study is to empirically examine the relationship between executive compensation linked to corporate social responsibility (CSR) and firm risk. It also…
Responses in divergence of opinion to earnings announcements: evidence from American depository receipts
Fanglin Shen, Quantong Guo, Hongyan Liang, Zilong LiuThe purpose of this paper is to investigate the relationship between investors' divergence of opinions and the asset prices of foreign stocks and also examine the effect…
Stock derivatives and seasoned equity offerings
Robert Martin Hull, Sungkyu Kwak, Rosemary WalkerThe article aims to explore if stock derivative types (stock options and stock warrants) are associated with stock returns for firms undergoing seasoned equity offerings (SEOs).
Effect of debt structure concentration on the investment–cash flow sensitivity of Brazilian companies
João Paulo Augusto Eça, Wilson Tarantin Júnior, Maurício Ribeiro do ValleThis paper aims to analyze whether a relationship exists between the debt structure concentration and investment–cash flow sensitivity of Brazilian companies.
The impact of institutional factors on corporate mechanism of cash adjustment – New evidence from emerging Asia
Santanu Das, Ashish Kumar, Asit BhattacharyyaThe purpose of this study is to understand how the business environment of a country has an impact on cash management policies of the firms and also to investigate if…
Bank stock valuation theories: do they explain prices based on theories?
Ken-Yien Leong, Mohamed Ariff, Zarei Alireza, M. Ishaq BhattiThe objective of this paper is to investigate the validity of stock valuation theories and their forecasting ability by conducting an empirical study. It employs four most…
Does gold–platinum price ratio predict stock returns? International evidence
Dezhong Xu, Bin Li, Tarlok SinghThe purpose of this study is to investigate the relationship between gold–platinum price ratio (GP) and stock returns in international stock markets. The study addresses…
Debt structure: a solution to the puzzle of capital structure
Ehsan Poursoleyman, Gholamreza Mansourfar, Sazali AbidinThe purpose of this paper is to investigate the relation between debt structure and future external financing and investment. Furthermore, it aims to analyze the…
The impact of natural disasters on the performance and solvency of US banks
Thomas Walker, Yixin Xu, Dieter Gramlich, Yunfei ZhaoThis paper explores the effect of natural disasters on the profitability and solvency of US banks.
Options trading prior to takeover rumors
Hamed Khadivar, Frederick Davis, Thomas WalkerIn this paper, the authors examine options trading in firms that soon become rumored takeover targets. This study also examines whether measures of informed trading can…
Investors' responses to macroeconomic news: the role of mandatory derivatives and hedging activities disclosure
Abiot Tessema, Ghulame RubbaniyThe purpose of this study is to investigate how changes in the firm's information disclosure practices impact the way investors process macroeconomic news. Specifically…
Testing factor models in an emerging market: evidence from India
Kewal Singh, Anoop Singh, Puneet PrakashThis paper aims to investigate the explanatory power of the Fama-French five-factor model and compares it to the other asset pricing models. In addition, the paper…
Manager see manager do: the impact of geographic herding on corporate social responsibility
John Nofsinger, Fernando M. Patterson, Corey ShankThe authors examine how local firms, regardless of industry, influence each other's corporate policies. The authors argue that there are two motives for why local firms…
Mutual fund manager turnover: an empirical investigation of performance
Avinash Ghalke, Shripad KulkarniWhen a fund manager leaves, the investment strategy of the fund changes or remains the same. The departing fund manager's resignation is either forced or voluntary. The…
Did the STOCK Act impact the performance, risk and flow of hedge funds?
Laleh Samarbakhsh, Meet ShahThis research aims to examine hedge funds’ performance, risk and flow before and after the implementation of the Stop Trading on Congressional Knowledge (STOCK) Act.
Are social connections of independent directors all the same? Evidence from corporate monitoring
Zhe Li, Emre Unlu, Julie WuStudies on corporate boards examine how social ties between the CEO and independent board members affect the effectiveness of board monitoring. Much evidence suggests that…
Corporate governance and innovation investment in publicly listed firms: the moderating effect of ownership type and legal jurisdiction
Ella Guangxin Xu, Chris Graves, Yuan George Shan, Joey W. YangThe paper aims to examine the effect of corporate governance (CG) on innovation investment, with consideration of ownership types and legal jurisdictions.
Role of educational, regional and religious attributes of CEOs in performance of Indian family firms
Ranjan DasGupta, Rajesh PathakThe authors investigate whether community-based CEO's attributes, particularly educational attainment, regional and religious affiliation, are direct antecedents of…
CEO pay slice and acquisitions in Australia: the role of tournament incentives
Hoa Luong, Abeyratna Gunasekarage, Syed ShamsThis paper investigates the influence of tournament incentives, measured by Chief Executive Officer (CEO) pay slice (CPS), on the acquisition decisions of Australian firms.
Bank stability, credit information sharing and a shift toward households' lending: international evidence
Tu D.Q. Le, Dat T. NguyenThe study aims to investigate the relationship between a shift in lending activities toward households, credit information sharing and bank stability.
Valuation of short-lived firms following waves of new listings
Yoshie SaitoThe survival rate of newly listed firms is low, and there is evidence of a surge of poorly performing new listed firms leading up to the crash of the dot.com bubble. The…
Stock returns, oil prices and leverage: evidence from US firms
Md Ruhul Amin, Andre Varella MollickThis paper aims to investigate how the relation between stock returns of US firms and West Texas Intermediate (WTI) oil prices is affected by leverage from 1990 to 2020.
Employee mistreatment and information asymmetry
Omer UnsalIn this paper, the author utilizes a unique hand-collected dataset of workplace lawsuits, violations and allegations to test the relation between employee mistreatment and…
ISSN:
1743-9132Online date, start – end:
2005Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Dr Alfred Yawson
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