This research investigates the association between debt overhang and carbon emissions. We employ a sample of 2,043 U.S. firm-year observations over a period of 14 years from 2007 to 2020. Our findings reveal that the debt overhang problem increases carbon emissions. This finding holds when we...

This research investigates whether higher educational attainment (i.e., doctorate degrees) of Shariah supervisory board (SSB) members matters in funding liquidity in Islamic banks. Using a firm fixed effects regression framework with data from 63 Islamic banks from 10 countries, we document that...

Using the Ordinary Least Square (OLS) estimation technique based on a sample of 180 listed firms from 2008 to 2018, this study investigates the impact of institutional ownership on firm performance in the Bangladeshi setting. Consistent with the "active monitoring" view, the results indicate...