Results 261 to 270 of about 1,858,734 (311)

CEO Tenure and Firm Value

The Accounting Review, 2021
ABSTRACT Our study is the first to provide systematic evidence of a hump-shaped CEO tenure-firm value relation. Cross-sectionally, firm value starts to decline after fewer years of CEO tenure in more dynamic industries, if CEOs are less adaptable to changes, and in the presence of greater labor market frictions.
Brochet, Francois   +3 more
openaire   +4 more sources

THE VALUE OF THE FIRM UNDER REGULATION

The Journal of Finance, 1976
show that, with taxes, an increase in leverage should increase the value of the firm. Since MM examine an unregulated firm, their implicit assumption that earnings before interest and taxes (EBIT) are not affected by a change in the capital structure is correct.
Jaffe, Jeffrey F, Mandelker, Gershon
openaire   +1 more source

Pricing of Warrants and the Value of the Firm

The Journal of Finance, 1978
issues warrants. In order to focus on the potential dilution effect of warrants on the current value of the firm, we assume throughout the analysis that the investment policy of the firm is given and is not being affected by its financial decisions.3 Under this assumption and the assumption of perfect capital markets, the issuance of warrants will not ...
Galai, Dan, Schneller, Meir I
openaire   +1 more source

CEO Activism and Firm Value

SSRN Electronic Journal, 2020
We investigate the increasingly common practice of chief executive officers (CEOs) taking public stances on social and political issues (CEO activism). We find that CEO activism stems from a CEO’s personal ideology and its alignment with investor, employee, and customer ideologies.
Anahit Mkrtchyan   +2 more
openaire   +1 more source

Brand capital and firm value

Review of Economic Dynamics, 2012
Abstract We study the role of brand capital – a primary form of intangible capital – for firm valuation and risk in the cross section of publicly traded firms. Using an empirical measure of brand capital stock constructed from advertising expenditures accounting data, we show that: (i) firms with low brand capital investment rates have higher average
Frederico Belo   +2 more
openaire   +1 more source

Insider Trading and the Value of the Firm

The Journal of Industrial Economics, 1991
Previous studies of insider trading have examined the profitability to executives of their stock trading with a view to evaluating the informational efficiency of securities markets. The authors examine empirically whether insider trading raises or lowers firm value.
Masson, Robert T, Madhavan, Ananth
openaire   +1 more source

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