Purpose: The purpose of this study is to investigate safe-haven properties of environmental, social and governance (ESG) stocks in global and emerging ESG stock markets during the times of COVID-19 so that portfolio managers and equity market investors could decide to use ESG stocks in their...

Purpose: This study aims to examine how corporate financial flexibility, financial sector development and the regulatory environment influence corporate investment decisions in an emerging economy after controlling for several macroeconomic factors. Design/methodology/approach: The authors...

Value of Bank has been estimated using Tobin's Q formula while total accruals have been measured through income statement approach i.e. difference between net income and net cash flows from operating activities. In this study, Cross Sectional Modified Jones Model [1995] has been used to...