Showing 1 - 10 of 22,596
Background: The wealth effect of limiting shareholder rights via anti-takeover provisions(ATPs) is a contentious issue. By taking the differential effect hypothesis perspective, our study aims to provide additional evidence about the relation between ATPs and acquisition performance. Methods: We...
Persistent link: https://www.econbiz.de/10011541234
This paper examines the causality between fraud and bank performance in Nigeria over the period 2000-2016 for quarterly financial data using Johansen’s Multivariate Cointegration Model and Vector Autoregressive (VAR) Granger Causality analysis. The results show a long-run relationship between...
Persistent link: https://www.econbiz.de/10012197211
In this paper, we investigate if dividend policy is influenced by ownership type. Within the dividend literature, dividends have a signaling role regarding agency costs, such that dividends may diminish insider conflicts (reduce free cash flow) or may be used to extract cash from firms...
Persistent link: https://www.econbiz.de/10011825675
This paper offers in-depth analysis of the determinants and features of voluntary disclosure based on information in the annual reports of 1066 Chinese firms listed on the Shanghai and Shenzhen Stock Exchanges. This extensive sample represents about 80% of all public companies in China. Our...
Persistent link: https://www.econbiz.de/10011825892
Prior literature on corporate governance and performance provides mixed evidence on the impact of various corporate governance measures on performance indicators. However, most of literatures adopt the Ordinary Least Square (OLS). This method is based on the central tendency, which may not...
Persistent link: https://www.econbiz.de/10011875189
The present study sheds light on the comparative experiences of the two countries originating from differing legal systems and describes how their codes and practices affect the publicly listed firms’ performance. It investigates the linkages between Research and Development (R&D)...
Persistent link: https://www.econbiz.de/10011878394
The present study sheds light on the comparative experiences of the two countries originating from differing legal systems and describes how their codes and practices affect the publicly listed firms’ performance. It investigates the linkages between Research and Development (R&D)...
Persistent link: https://www.econbiz.de/10011880631
This paper investigates the effect of the human capital of directors on the financial performance of Vietnamese-listed companies. The dynamic system generalised method of moments (system GMM) estimator is used to examine a panel data-set consisting of 315 firm-year observations over a four-year...
Persistent link: https://www.econbiz.de/10011886680
Persistent link: https://www.econbiz.de/10009231963
-opted directors influence managers’ attitudes about earnings management. We find robust evidence that co-option mitigates both real … activities and accrual-based earnings management. Our findings support the view that higher co-option reduces managerial short …. Our results are robust to different measures of both co-option and earnings management, and they continue to hold after …
Persistent link: https://www.econbiz.de/10014331535