Risk-taking is a topic that has been studied for many years in finance under the famous slogan in the financial industry "Higher risk, higher return". Nevertheless, empirical results have shown different scenarios. Using a sample of 56 researches with 406 studies covering millions of companies...

Our study investigates the interlink between liquidity, corporate governance and firm value with the adoption of meta-analysis. The final sample consists of 428 studies extracted from 55 papers, covering 632,196 firm-year observations in a worldwide scope. The diversity in data is believed to...