We investigate whether or not a firm's corporate social responsibility (CSR) activities influence analysts' behavior. CSR is concerned with the impact of corporations' present actions on the ecosystems, societies, and environments of the future and includes both positive and negative attributes....

We investigate the association of related party transactions (RPTs) with the sensitivity of firm-level capital allocations. We examine whether opportunistic RPTs are associated with investment and external financing sensitivities to both Tobin’s Q and internally generated cash flows. We expect...

We investigate the association of a firm’s related party transactions (RPTs) with the firm’s credit ratings. Consistent with the agency theory view, we argue that RPTs, because of financial reporting risks, rent extraction, consumption of private benefits, and entrenchment, are associated...