Results 141 to 150 of about 796 (267)

Do Banks Learn From Natural Disasters? Evidence From the U.S. Financial Sector

European Financial Management, EarlyView.
ABSTRACT This paper examines whether U.S. banks learn from natural disasters. We explore several potential channels of adjustment and find that exposed banks primarily respond by adopting precautionary capital measures. This behaviour is evident both in the long run, when assessing divergent trends in the evolution of equity over time, and in the short
Dennis Dreusch, Gunnar Niemann, Peter Reichling   +2 more
wiley   +1 more source

KoTaP: A Panel Dataset for Corporate Tax Avoidance, Performance, and Governance in Korea. [PDF]

Sci Data
Na H, Song W, Han S, Jo D, Myung S, Kim H.   +5 more
europepmc   +1 more source

The Influence of COVID-19 Pandemic on Management Earnings Forecasts. [PDF]

Front Psychol, 2022
Fu X, Xu Y, Zhou F, Zhao L.
europepmc   +1 more source

Revisiting Asset Pricing Models: The Case for an Intangibles Factor

Financial Management, EarlyView.
ABSTRACT In an increasingly knowledge‐based economy, intangible assets may be an important driver of firm performance and stock returns. We introduce an intangibles intensity factor (INT), distinct from the organization capital factor, and show that exposure to this factor strongly predicts stock returns, outperforming traditional factors.
Dion Bongaerts, Xiaowei Kang, Mathijs van Dijk   +2 more
wiley   +1 more source

Busy independent directors and IPO company earnings management: Evidence from China. [PDF]

Heliyon
He Y, Hamdan SL, Faizal SM.
europepmc   +1 more source

Financial Statement Information and Equity Value: The Role of Real Options Characteristics

Financial Management, EarlyView.
ABSTRACT This paper examines whether firm‐specific real options characteristics are equity value‐relevant beyond valuation estimates anchored in financial statements. Using extensive historical data for the United Kingdom, we assess and compare the forecast accuracy and explanatory power for stock prices of equity valuation models based on residual ...
Mingyu (Chandler) Chen, Colin Clubb, Tarik Driouchi   +2 more
wiley   +1 more source

The moral masking behavior of management after real earnings management: An analysis of management's integrity commitment. [PDF]

Heliyon
Liu F, Liang C.
europepmc   +1 more source

Do fair value measurements affect accounting-based earnings quality? A literature review with a focus on corporate governance as moderator. [PDF]

J Bus Econ, 2021
Thesing J, Velte P.
europepmc   +1 more source

Share Repurchases and Investment Policies

Financial Review, EarlyView.
ABSTRACT Our study examines the claim that share repurchases lead to reductions in real investments. Repurchase opponents argue that managers forego valuable investments to conduct opportunistic repurchases, while proponents argue that repurchases return excess cash to shareholders.
Paul Brockman, Hye Seung (Grace) Lee, Jesus M. Salas   +2 more
wiley   +1 more source

Idiosyncratic Political Risk and Bad News Hoarding

Financial Review, EarlyView.
ABSTRACT Managers may respond to greater political risk by suppressing unfavorable news from outsiders to manage investors’ perceptions about firm risk and protect their careers. However, they may also avoid engaging in bad news hoarding activities because exposure to political risk increases firm visibility and attracts greater scrutiny. Using a novel
Gonul Colak, Georgios Loukopoulos, Panagiotis Loukopoulos   +2 more
wiley   +1 more source