We investigate the relation between corporate performance and overall economic growth in the United States. In particular, we focus on the impact of the U.S. corporate tax regime on this relation. Exploiting time-series variation and a tax shock, we document that the relatively higher corporate...

The management of a country's finances is crucial for economic stability and growth. The Finance Minister plays a pivotal role in shaping fiscal policies, mobilizing revenue, and ensuring effective resource allocation. This commentary argues that the Minister should focus on key areas for...

Using data from China, we examine whether and how the incentive to boost GDP growth at the government level affects earnings management at the firm level. We find that firms in provinces with GDP growth lower than the national level or the average of the adjacent provinces are more likely to...

This paper examines the effects of accounting-based thresholds in regulation on growth decisionsin the banking industry. To investigate this relation we study changes in growth around the $10billion asset threshold specified in the Dodd-Frank Act. We first document that in the yearsafter the new...

We use a proprietary dataset of financial statements collected by banks to examine whether economic growth is related to the use of financial statement verification in debt financing. Exploiting the distinct economic growth and contraction patterns of the construction industry over the years...

We use a proprietary data set of financial statements collected by banks to examine whether economic growth is related to the use of financial statement verification in debt financing. Exploiting the distinct economic growth and contraction patterns of the construction industry over the years...

We formulate a generalised constant growth valuation model incorporating inflation and capital maintenance. We find that in general there are two sources of growth: growth due to capital maintenance and growth due to net new investments. The generalised version of the constant growth model...

Considering the various variables affecting the relationship between information and communication technology and GDP growth and the interaction and non-linear effects of these variables on each other, it is necessary to provide a model to predict the favorable or unfavorable effects of ICT...

This study provides an integrated analysis of the interrelations among (1) environmental disclosure, (2) environmental performance, and (3) economic performance. Based on the argument that management's (unobservable) overall strategy affects each of these corporate responsibilities, we...

The public sector clothed in federalism plays a central role in influencing macroeconomic environment. Therefore, this study aims at exploring Nigerian fiscal federalism to ascertain the impact of Nigerian public debt management paradigm on economic growth. Relevant data were obtained from CBN...