Results 31 to 40 of about 518 (152)
ABSTRACT We examine whether and how mandatory non‐financial disclosure affects corporate cash holdings. Using a panel data set of Chinese A‐share listed firms from 2005 to 2012 and exploiting the introduction of mandatory corporate social responsibility (CSR) disclosure for a subset of firms as a quasi‐natural experiment, we find that firms subject to ...
Adrian Cheung, Tianpei Luo, Siwen Song
wiley +1 more source
Information sharing among banks about borrowers: What type would they support? [PDF]
I address the following issue in this paper: how does information sharing among banks about borrowers affect banks' competition, and ultimately, the interest rate borrowers pay for the loan they take?
Major, Iván
core
National Tax Service Connection and Stock Price Crash Risk: Evidence from Korea [PDF]
This article uses a unique institutional setting in Korea to investigate effects of managers' connections with the financial regulator on the managers' bad news hoarding behavior, proxied by stock price crash risk measures.
Choi, Sanghak, Jung, Hail
core
ABSTRACT The cultures and governance of security markets in the United Kingdom are often characterised through a paradoxical narrative of simultaneous state retreat and progressive advance. In the face of repeated recent high‐profile security failures, and global changes in material political economy, we argue that UK security governance is adapting to
Ben Collier, Jamie Buchan
wiley +1 more source
Short selling and politically motivated negative information hoarding [PDF]
Extant literature documents that managers have an incentive to hoard bad news due to political concerns. In this paper, we test the proposition that short selling has an attenuating effect on the politically motivated suppression of bad news.
Jiang, C (15624485) +2 more
core
Distracted shareholders, information asymmetry, and capital markets: Evidence from the REIT industry
Abstract We examine the impact of institutional monitoring on capital markets in an asset class with inherently low opportunity for agency risk. Despite the REIT industry's transparency, insufficient institutional oversight can produce adverse market outcomes. To capture shareholder distraction, we adapt the Kempf et al.
Collin Gilstrap +3 more
wiley +1 more source
Do external labour market incentives constrain bad news hoarding? The CEO\u27s industry tournament and crash risk reduction [PDF]
\ua9 2020 Elsevier B.V. We find that a CEO\u27s industry tournament incentives (CITI) induce a CEO to undertake strategies that reduce the propensity of a firm to incur future stock price crash risk.
Chowdhury H, Hodgson A, Pathan S
core
Stakeholder orientation and stock price crash risk [PDF]
© 2019 Elsevier Inc. This paper examines the asset pricing implication of stakeholder orientation. We exploit the staggered adoption of constituency statues across U.S. states as an exogenous source of variation in stakeholder orientation.
Zhang, Jian, Li, You
core +1 more source
“Hold on, I'm comin'”: Copyright, political campaigns, and the limits of songwriter control
Abstract This article examines how songwriters in the United States object to the unwanted performance of their musical works at live political events, and the legal options available to challenge such uses. Prompted by the repeated use of ‘Hold On, I'm Comin'’ as outro music at Donald Trump's campaign events between 2020 and 2024, and the recent ...
Joel Cooper, Marie Hadley
wiley +1 more source
Knocking Off the Street: The Subversive Writings of Hong Kong's Grassroots Kings
ABSTRACT This article examines how two grassroots street artists in Hong Kong, the King of Kowloon (Tsang Tsou‐choi) and the Plumber King (Yim Chiu‐tong), intervene in the city's everyday visual order. Moving beyond celebratory collective memory narratives and easy analogies to graffiti, it frames their works as subversive urban practices that rework ...
Shizheng Liang, Zihong Zhang
wiley +1 more source

