managers' and debtholders' interests leading to favorable debt terms that motivate firms to raise debt to meet their capital …

deviation reduces CSR investments by about 8.22%. Further analysis shows that managers raised CSR investments during the crisis …, consistent with the risk-mitigation view, where managers invest in CSR to reduce their risk exposure. However, managers appear to … of the CSR investments during the crisis is motivated by managers' own risk preference. Additional robustness checks …

entrenchment of managers. This study examines whether or not this is consistent in the context of Nepal. The data were taken from …

, then investors rely less on costly unbiased research. Managers are tempted to manipulate the firm stock price more, as a …, firm owners grant investors more access to managers that manipulate more strongly. An implication is that the firm cost of …

This paper studies CEO re-appointment and succession events in listed family firms with an incumbent family CEO in … France, Germany and the UK over 2001-2016. The paper explores whether family firms with a founder CEO are more likely to … engage in earnings management pre-event than other family firms and non-family firms. Compared to non-family firms, family …