This study examines the inferential bias due to the failure to control for self-selection when studying the market's reaction to management earnings forecasts. The analysis is conducted by controlling for self-selection and comparing the results to those obtained when self-selection is not...

This paper examines the association between CEO reputation and corporate capital investments. The efficient contracting hypothesis predicts a positive association between CEO reputation and wealth effects of corporate capital investments. In contrast, the rent extraction hypothesis predicts that...

Purpose This paper examines contextual factors that affect the association between board gender diversity and firm performance. Design/methodology/approach The authors use a global sample of listed firms in the tourism industry in 30 countries from 2015 to 2020. Findings First, firm performance...