Showing 1 - 10 of 143
This study investigates the determinants for the use of derivatives by firms in the Indian market. Using a sample of 433 firms listed in the National Stock Exchange (NSE) in India for the period 2013-2018, we find that firm size, debt to equity, turnover, price-earnings ratio and the magnitude...
Persistent link: https://www.econbiz.de/10012309158
This study investigates the relationship between various attributes of boards of directors on bank performance in light … board size has a significant positive influence only on operational bank performance (ROA). For board composition, the … results show that while board independence has a significant negative impact on accounting-based performance (ROA and ROE), it …
Persistent link: https://www.econbiz.de/10013471442
This study seeks to disentangle the human capital and the social capital of directors to improve our understanding of the value that directors bring to their boardroom. Employing social network analysis (SNA) to measure the social capital of directors and using a unique and comprehensive sample...
Persistent link: https://www.econbiz.de/10013375233
We study the financial determinants of cash holdings and discuss the importance of firm size in the post-crisis period. We employ panel data regression analysis on a sample of 6629 non-financial and non-utility listed companies in the United Kingdom from 2010 to 2018. We focus on the comparative...
Persistent link: https://www.econbiz.de/10012322361
This study examines the managerial power-hypothesis of selective hedging, which holds that selective hedging is observed more frequently in companies where managers have greater latitude to execute hedging proposals without serious scrutiny or questioning. The hypothesis is tested using...
Persistent link: https://www.econbiz.de/10012022141
In this study, we explored the association of bank-level governance and state-level governance with the likelihood of banks' financial distress in developing economies. Using a panel data sample of 954 bank-year observations of 106 conventional banks across 14 Middle Eastern and North African...
Persistent link: https://www.econbiz.de/10014284346
This article investigates the causal factors underlying cornerstone investor (CI) participation in initial public offerings in China's offshore Hong Kong market. Prospectus-based declarations on such allocations suggest that CI undertakings offer strong certification effects. Entrepreneurs...
Persistent link: https://www.econbiz.de/10012025302
This paper examines the effect of board characteristics, especially board independence, on firm performance from a …
Persistent link: https://www.econbiz.de/10012389856
The study aimed to investigate the role of non-financial measures in predicting corporate financial distress in the Indian industrial sector. The proportion of independent directors on the board and the proportion of the promoters’ share in the ownership structure of the business were the...
Persistent link: https://www.econbiz.de/10012626240
the misalignment of CEO risk tolerance and governance structures is associated with company performance. Using a two …) misalignment of these structures with risk tolerance is negatively associated with financial performance. Based on a sample of 8208 …
Persistent link: https://www.econbiz.de/10012626780