This paper contributes to the literature by examining whether the age and gender of the firm's top executives influence market-based measures of firm risk. Using data on the S&P 1500 firms, we document that CEO and CFO age and gender have a direct effect on market-based firm risk measures in...

This paper contributes to the literature by examining whether LGBTQ-friendly employee policies foster corporate innovation. Using data on U.S. firms from 2003 to 2017, we document that LGBTQ friendliness has a positive influence on innovation intensity and quality. Specifically, our results...

<section xml:id="fut21596-sec-0001"> This paper examines the association between option‐implied interest rate distributions and macroeconomic expectations in the context of a forward‐looking monetary policy rule. We presume that market participants view the policy rule as a guide to the path of future policy rates and price...</section>

This paper examines the influence of CEO and CFO age on bank risk-taking. Using data on large U.S. banks between 2006 and 2018, we document a negative association between CEO age and the bank’s insolvency risk and market-based measures of risk-taking after controlling for bank size, asset...

Purpose: The purpose of this paper is to organize and connect past research from different servitization-related scholarly communities. Design/methodology/approach: This study reviews more than 1,000 articles by combining author co-citation and qualitative content analyses. Findings: The...

There is strong evidence that on-the-run U.S. Treasury securities trade much more liquidly and at significantly higher prices than their off-the-run counterparts. We examine if the same phenomenon is present in the German government bond market whose market structure differ markedly from that of...

This paper uses textual analysis to examine how European corporations assess sanctions in their annual reports. Using observations from a panel of almost 11,500 corporate annual reports from 2014-2017, we document significant cross-country variation in how firms perceive Russia-related...

Purpose: This paper aims to update the cybersecurity-related accounting literature by synthesizing 39 recent theoretical and empirical studies on the topic. Furthermore, the paper provides a set of categories into which the studies fit. Design/methodology/approach: This is a synthesis paper...

We use a novel, household opinions-based measure – Public Confidence in a Bank – to explore the role of bank-level and system-wide determinants of customers' trust in banks. Our study covers a panel of approximately 260 large Russian commercial banks publicly monitored during 2010–2017. We...