Using manually compiled cost of equity (COE) estimates disclosed in takeover regulatory filings, this paper provides novel evidence on how investment banks estimate discount rates. Bank COE estimates have a positive but relatively low correlation with rates implied from the CAPM or Fama-French...

This paper examines the impact of financial reporting practices on corruption obstacles for about 150,000 firms across 143 mostly developing countries from 2006–2019. We document a strong positive relationship between the production of audited financial statements (AFS) and corruption...

The high cost and low carrier separation efficiency of g-C3N4/Ag2O photocatalysts affect its application in the degradation of organic pollutants. In this study, the CA-β-CD/g-C3N4/Ag2O 2D/0D heterojunction photocatalysts were successfully prepared to enhance the visible light response and...

Agriculture has the potential to supply considerable amounts of biomass for renewable energy production from dedicated energy crops as well as from crop residues of existing production. Bioenergy production can contribute to the reduction of greenhouse gas (GHG) emissions by using ethanol and...

Purpose Cities are facing challenges with their smart city agenda due to tighter budget constraints, varied interests of different stakeholders and increasing needs of technological innovation. Therefore, cities are partnering with private organisations to advance smart city projects. This...

Purpose: The purpose of this paper is to improve the understanding of what clients value from contractors’ services. Understanding client values and the way by which clients perceive value will contribute to client-perceived value within contracting services. Design/methodology/approach: A...