Purpose: This study examines the long-term link between fair valuation uncertainty and discounts/premia in closed-end funds. This study argues that, in exploring the close-end funds puzzle, prior research generally omits to consider the uncertainty surrounding the measurement of funds'...

Purpose: This article aims to explore whether a firm's corporate social responsibility (CSR) transparency alleviates a firm's cash holdings. Design/methodology/approach: CSR transparency ratings encompass both the quantity and...

Purpose: This paper investigates the effects of layoff announcement by customers on the valuation and operating performance of their supply chain partners. Design/methodology/approach: The authors collect corporate layoff announcements from 8-K filings submitted by US publicly-traded firms from...

Purpose: Focusing on a sample of firms from environmentally sensitive industries over several years, this study aims to reexamine the association between environmental disclosure and environmental performance. Design/methodology/approach: The authors use a panel data analysis to examine how the...