Showing 1 - 10 of 68
investigates the effect of such governance reforms in ID requirement on the long-run performance of IPOs. Our results, based on 494 … better than those before 2002. Moreover, firms with IDs also experience less negative stock performance than those without …-listing stock performance for IPOs after 2002. -- corporate governance ; independent directors ; initial public offerings …
Persistent link: https://www.econbiz.de/10010009098
This study was conducted to investigate the influence of firm-specific characteristics which include firm size, profitability, debt equity ratio, liquidity and audit firm size on voluntary disclosure level of rural banks in the Ashanti region of Ghana. The research was conducted through detailed...
Persistent link: https://www.econbiz.de/10010009111
This paper theoretically examines the impact of conservatism on the asset price in an asset market allowing for strategic interactions among traders. Due to the trades coming from conservatism traders contain less informational content, the asset price is shown to be less informative in the...
Persistent link: https://www.econbiz.de/10010148065
Commercial banks are typical hierarchical organizations, in which the multipleprincipal-agent problem exists and induces serious internal collusive corruption. This article analyzes the collusive corruption between credit supervisors and credit managers in bank credit activities, through three...
Persistent link: https://www.econbiz.de/10010009110
Disclosure of private medical information allows insurance companies to better predict medical expenditures. The … disclose their medical information. I find that healthier employees prefer to disclose medical information that results in a … and the employee turnover rate is high, it makes the incentive to disclose (or conceal) information stronger and the …
Persistent link: https://www.econbiz.de/10010097676
external funding.We find that information is only valuable if enough quality of it is disclosed. Otherwise, the entrepreneur …
Persistent link: https://www.econbiz.de/10010148154
In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77–99, 2007) show that information sharing … case and show that, when the economy suffers from strong adverse selection, information sharing still increases banks …
Persistent link: https://www.econbiz.de/10010148159
, more transparency does indeed make sense. However, this is not necessarily the case when it comes to product information … information could in fact restrict the effective functioning of the markets. -- certification ; bribery ; reputation …
Persistent link: https://www.econbiz.de/10010148248
, the focus is on empirical test of signaling theory. This theory says that the payment of dividends provides information … operating characteristics (return, performance and earning). Therefore, linear regression models were fitted. Results showed … dividend and earning. It means that dividend has information content about return and earning and so, signaling theory was …
Persistent link: https://www.econbiz.de/10010058681
The issue of effective management accounting systems, and especially the resource allocation procedures, have attracted considerable interest among higher education institutions in recent years. Relevant previous research indicates that several universities adopt different approaches to the...
Persistent link: https://www.econbiz.de/10009958030