Results 121 to 130 of about 4,289,089 (208)
The relationship between sovereign credit rating changes and firm risk. [PDF]
Heliyon, 2023 Chang CC, Wong WK, Lo ST, Liao YH.
europepmc +1 more source
Review of Financial Economics, Volume 44, Issue 4, October 2026.Abstract This study examines whether dual‐class governance affects how investors and firms respond to major capital allocation decisions. Using U.S.‐listed firms from 2014 to 2025, we analyze share repurchases and M&A transactions in which dual‐class firms act as acquirers or targets.
Bruno Fiesenig +2 more
wiley +1 more source
Twin Defaults and Bank Capital Requirements
The Journal of Finance, Volume 81, Issue 5, Page 2887-2932, October 2026.ABSTRACT We examine optimal capital requirements in a quantitative general equilibrium model with banks exposed to nondiversifiable borrower default risk. Contrary to standard models of bank default risk, our framework captures the limited upside, but significant downside risk of loan portfolio returns.
CATERINA MENDICINO +4 more
wiley +1 more source
Consistency of Dividend Signalling and Future Maturity Level:Evidence from UK Data [PDF]
This paper analyses the relation between dividends and the mature level of a firm, by using market-to-book ratio as a proxy for Tobin’s Q, and Tobin’s Q as a indicator of either existence of new positive NPV projects or maturity level reached.
Carlos Martins
core
Board Tenure, Sustainability Committees and CEO Duality: Evidence on ESG Performance
Business Strategy &Development, Volume 9, Issue 3, September 2026.ABSTRACT This study examines the association between board tenure, sustainability committees, CEO duality and environmental, social and governance (ESG) performance among Hong Kong‐listed firms from 2007 to 2024. Drawing on stakeholder–agency and resource dependence theories, we argue that board experience, formal sustainability governance structures ...
Yeuthong Tham, Zhiyue Sun
wiley +1 more source
Takeover Vulnerability and the Discipline of ESG Overinvestment
Business Strategy and the Environment, Volume 35, Issue 6, Page 9048-9081, September 2026.ABSTRACT While takeovers serve a disciplinary role by replacing inefficient managers, the threat of takeovers may compel firms to divert attention from Environmental, Social and Governance (ESG) efforts as a strategic response to external pressure, especially when such firms are already overinvesting in ESG.
Abongeh Tunyi +2 more
wiley +1 more source
A Litner Model of Payout and Managerial Rents [PDF]
We develop a dynamic agency model where payout, investment and financing decisions are made by managers who attempt to maximize the rents they take from the firm, subject to a capital market constraint.
Bart M. Lambrecht, Stewart C. Myers
core
Dividend policy and behaviour, and security price reaction to the announcement of dividends in an emergency market : a study of companies listed on the Dhaka stock exchange [PDF]
, 2001 'The harder we look at the dividend picture, the more it seems like a puzzle, with pieces that just don't fit together'(Black 1976, p. 5). A number of researchers provide insights, theoretical as well as empirical, into the dividend policy puzzle ...
Mollah, A.Sabur
core +1 more source
Corporate Social Responsibility and Environmental Management, Volume 33, Issue 5, Page 6095-6119, September 2026.ABSTRACT Large companies have a long track record of environmental, social, and governance (ESG) initiatives, whereas many small and medium‐sized enterprises (SMEs) lag in adopting sustainability‐related practices, often acting voluntarily or in response to stakeholder pressures and incentives.
Vivien Csapi +4 more
wiley +1 more source
The dividend strategy of Indian companies: An empirical assessment [PDF]
The paper uses firms across different ownership categories to examine the factors influencing dividend policy. The results suggest that bigger, mature and low-leveraged firms tend to pay more dividends.
Ghosh, Saibal
core