The high sensitivity of management compensation to accounting performance could be an important driver of financial restatement, due to strong management incentives to manipulate earnings. This paper examines whether restating firms rearrange management's annual compensation following...

Geographic diversification of listed companies expands the distance between parent and subsidiary in space geographically; thus, it is urgent to clarify whether the geographic distance between parent and subsidiary companies inhibits or promotes corporate innovation performance. This paper...

This paper studies the impact of M&A of Canadian firms by emerging market firms on the stock performance of the acquired firms from 2000 to 2016, using the short-term window event study. We find that the abnormal return of target firms on the event day is 10.3 percent and the cumulative abnormal...