Purpose Extant research has paid considerable attention to the effects of enterprise social media (ESM) on employees' work attitudes and outcomes, yet the authors know little about the influence of job demands arising from the implementation of ESM. Drawing on resource allocation theory, the...

This paper reexamines the controversy over capital structure adjustment speed. We show that firms move leverage towards target much faster than generally understood. To do this we use reduced rank regressions to extract 4 common factors for corporate leverage using 146 variables, including value...