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-collected information of succession plans, we exploit two regulatory changes and show that better corporate governance instigates firms to … incumbent CEOs, and the chances of hiring less-qualified successors. Firms with better governance earn positive abnormal returns …
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Climate change carries risks that need to be mitigated by all parties, including companies because it affects company value. Many studies find that voluntary disclosure positively affects firm value in developing countries. This study aims to examine the effect of voluntary disclosure (CSR and...
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