Research suggests that firms with better corporate governance outperform others. However, the literature provides no consensus about the direction or magnitude of the relationship. This paper seeks to clarify the relationship between corporate governance and firm performance by conducting a...

The paper investigates the impact of merger and acquisition (M&A) on local labor market. We find a positive spillover effect of bank merger events on local bank wage. The positive effectincreases for in-market or high synergy mergers, and strengthens when a local market is competitive, dominated...

This paper tests whether CEO inside debt incentive has any relation with the performance of the real sector firms during crisis. Agency theory predicts that a relatively high proportion of inside debt compensation aligns CEO interest with debt holders, who prefer less risky investment. Research...

This paper aims to determine the impact of capital structure of microfinance institutes (MFIs) in Bangladesh on its’ performance by using a panel data of 187 microfinance institutes from year 2011 to 2014. Return on Asset (ROA) and return on equity (ROE) have been used as the measures of firm...

This paper investigates the impact of media coverage on the nonpracticing entity (NPE) patent litigation to the defendant firms. Using a sample of high-tech and patent intensive firms from the U.S. market between 2000 and 2019, we find that the highly visible firms are vastly targeted by the...