Showing 1 - 10 of 58
Using data of Chinese A-share non-financial listed companies spanning years 2003–2018, we examine whether a firm’s business strategy that deviates from industry conventions influences corporate governance mechanisms, particularly the probability of choosing high-quality external auditors. We...
Persistent link: https://www.econbiz.de/10012799034
Persistent link: https://www.econbiz.de/10015071372
We examine the association between CEO severance pay (i.e., payment a CEO would receive if s/he is involuntarily terminated) and corporate tax planning activities. We find that CEO severance pay is positively associated with corporate tax planning, consistent with CEO severance pay providing...
Persistent link: https://www.econbiz.de/10012903181
We conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998-2003. Specifically, we focused on the solicited versus unsolicited ratings and sample-selection bias in the analysis. Unlike the literature, we...
Persistent link: https://www.econbiz.de/10010286082
We conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998-2003. Specifically, we focused on the solicited versus unsolicited ratings and sample-selection bias in the analysis. Unlike the literature, we...
Persistent link: https://www.econbiz.de/10008732335
The authors conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998–2003. Specifically, they focused on the solicited versus unsolicited ratings and sample-selection bias in the analysis. Unlike the...
Persistent link: https://www.econbiz.de/10013138521
We examine networking effects on financial research based on a rich database of citations for all articles and editorial board membership information from a set of 23 finance journals during 1990-2010. Our findings show that a common characteristic amongst the premier journals (JF, JFE, and RFS)...
Persistent link: https://www.econbiz.de/10013086372
The Merton-type structural model, when extended to sovereign issuers, suggests a negative relationship between sovereign credit default swap (CDS) spreads and stock prices. Capital structure arbitrage strategy that exploits such relationships should foster the integration of CDS and the stock...
Persistent link: https://www.econbiz.de/10013155172
This study examines the impact of internal control on firm innovation using a sample of Chinese firms. The impact of the internal control system as a whole, as well as the impact of the five components of internal control individually (i.e., control environment, risk assessment, control...
Persistent link: https://www.econbiz.de/10012833546
This paper provides an account of the contributors in financial education research during 1991-2002. We present the top institutions and individuals in financial education research that were published in quot;Financial Practice and Educationquot; and quot;Journal of Financial Educationquot;. In...
Persistent link: https://www.econbiz.de/10012735533