This paper explores whether Chinese capital providers can benefit from the integrated reporting (IR) approach. Using a sample of 7168 observations selected from 1169 firms listed in China between 2006 and 2019, we examine the relation between the integration level of ESG disclosures and firm...

This paper explores the effect of financial instruments for exchange rate hedging on a firm's value in the presence of non-operating profit or loss from foreign exchange transactions. This study uses Tobin's Q ratio as a proxy for firm value and a two-step generalized method of moments (GMM)...

This study aims to identify & analyze the impact of tax planning, dividend policy & corporate ownership on the business cost of manufacturing companies in the food and beverage sub-sector traded on the Indonesian Stock Exchange for 2017-2020. The data collection uses secondary data from...

This study investigates whether and how equity investors value the accounting expertise of chief financial officers (CFOs) in managing cash assets. Using hand-collected CFO data of S&P 1500 firms from 1999 to 2015, we find that the stock market places a higher value on cash assets when firms...

There is a rich literature that examines the impact of customer satisfaction on market value. Surprisingly, the short-run market impact of customer satisfaction has been found to be either insignificant or limited in scope. To address this shortcoming, we introduce the notion that investors form...

This paper uses a multiple regression model to investigate whether three Corporate Social Responsibility (CRS) variables – Community Social Responsibility, Human Resource Management and charitable contribution have significant impact on quoted conglomerates’ market value as measured by...