Purpose: Previous research on the relationship between a firm’s distress risk and future stock returns produces inconsistent results. This study attempts to explain the conflicting results of earlier studies by showing that systematic distress risk leads to positive rewards, while unsystematic...

Regulatory sentiment refers to the market's subjective evaluation of regulatory reform and is one of the most widely adopted indicators to those charged with implementing and diagnosing regulatory policies. The use of regulatory sentiment in advanced analysis has become universal, albeit it is...

Purpose: The purpose of this study is to examine marketing self-efficacy as a mediator in the resilience and start-up intention relationship. Design/methodology/approach: Questionnaires were employed to collect data from potential entrepreneurs in Korea. A total of 280 completed questionnaires...