This paper analyzes the co-movements and integration of some select Asian foreign exchange markets using both time series and time-frequency approaches. The correlation structure between forex markets, and the time domain information on varying correlations, is captured using the multivariate...

We investigate the relationship between corporate social responsibility (CSR) and firm-level capital allocation efficiency. Using seminal investment-Q framework, we provide evidence that CSR distorts investment sensitivity to Q. We further determine that this effect of CSR is moderated by the...

We investigate whether or not a firm's corporate social responsibility (CSR) activities influence analysts' behavior. CSR is concerned with the impact of corporations' present actions on the ecosystems, societies, and environments of the future and includes both positive and negative attributes....

The estimation and the analysis of long memory parameters have mainly focused on the analysis of long-range dependence in stock return volatility using traditional time and spectral domain estimators of long memory. The definitive ubiquity and existence of long memory in the volatility of stock...

This paper examines the relationship between Indian equity prices and other developed markets, in the time-scale domain, using wavelets based multiscale analysis and cross wavelet analysis. Stock markets are analyzed at different levels of resolution which makes it possible to perform a scale by...

This study examines the role of financial misconduct of institutional investors on aggressive financial reporting practices of investee firms. We find that firms held by institutional investors with disciplinary history (IDH) are more likely to engage in aggressive financial reporting practices....