This paper examines how product market competition and strategic interactions among peer firms influence analyst coverage. First, we hypothesize that product market competition increases both the demand and supply of analyst coverage. Using three variations of industry concentration ratios and a...

We show that suppliers cut back on trade credit extensions as they learn about future growth opportunities from their stock prices. We further explore how suppliers’ financial strength, relationship specific investments (RSI), product characteristics, and market power moderate the effect of...

We examine the changes in the board’s dual roles of monitoring and advising in times of fluctuating economic policy uncertainty (EPU). We find that a rise in EPU leads boards to reduce the size and increase independence and the proportion of female directors. They also decrease the involvement...

AlxCoCrFeNiCu (x=0.5, 1.0, 1.5, 2.0) high entropy alloy was prepared by powder metallurgy method.The effect of Al content x on microstructure and corrosion properties of high entropy alloy was systematically studied. The results show that the high entropy alloy has simple crystal structure and...

Purpose – The purpose of this paper is to test static tradeoff against pecking order models of capital structure in Japanese firms. Design/methodology/approach – The static tradeoff and pecking order models are tested on a sample of 1,325 non‐financial Japanese firms between 2002 and 2006....

Purpose – The purpose of this paper is to test static tradeoff against pecking order models of capital structure in Japanese firms. Design/methodology/approach – The static tradeoff and pecking order models are tested on a sample of 1,325 non-financial Japanese firms between 2002 and 2006....

Purpose – The purpose of this paper is to test static tradeoff against pecking order models of capital structure in Japanese firms. Design/methodology/approach – The static tradeoff and pecking order models are tested on a sample of 1,325 non-financial Japanese firms between 2002 and 2006....

China’s CO2 emissions have sharply increased in recent years with soaring economic development and urbanization. Consumption-based accounting of CO2 emissions could provide new insights for allocating regional mitigation responsibility and curbing the emissions. A multi-regional input–output...