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We investigate the association between CEOs’ social capital and stock price informativeness in a sample of US firms. After accounting for the fact that larger networks attract more analysts following, we find that firms with larger CEO social capital exhibit higher private information...
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The purpose of this paper is to study whether speculative activities are ethically justified. The importance of this topic derives from the fact that many of the activities which configure a modern economy contain a speculative component. The analysis is based on the premise that the ethical...
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We examine the shareholder wealth effects of the adoption of the UK Modern Slavery Act (MSA) in 2015. The MSA … outlining their actions to tackle modern slavery in their business and supply chains. An event study of stock price reactions of … the MSA provides a competitive advantage to firms with a demonstrated track record of addressing slavery risk. By contrast …
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