In this study, we examine firms’ commitment to stock repurchase announcements as a proxy for trust within the investing community. Using a commitment-trust theory perspective, we show that firms with higher repurchase (share buyback) completion rates have higher financial reporting quality. We...

This study draws insights from the imprinting theory to investigate the impact of ideologically imprinted board chairs on corporate innovation. By examining a sample of Chinese listed manufacturing firms from 2003 to 2016, we find that firms with board chairs who get socialized during the...

Purpose The purpose of this study is to examine the impact of goodwill impairment losses on bond credit ratings. Design/methodology/approach The authors use regression analysis to examine the relationship between goodwill impairment losses and bond credit ratings. Findings The empirical results...