ABSTRACT In this study, we explore how the personal traits of CEOs and corporate governance mechanisms moderate the link between say‐on‐pay (SOP) votes and various aspects of firm efficiency. Our sample consists of 1931 firms listed in four Anglo‐Saxon economies (i.e., USA, UK, Canada and Australia) during a period of notable regulatory changes.
Essam Joura +3 more
wiley +1 more source
Exploring the relationship between macroeconomic indicators and sectoral indices of Indian stock market. [PDF]
Chauhan SS +4 more
europepmc +1 more source
Exchange Rate Risk and Deviations From Purchasing Power Parity
ABSTRACT This paper proposes a new solution to the purchasing power parity (PPP) puzzles, arguing that investors' higher‐order risk attitudes, combined with higher‐order uncertainty about nominal exchange rates, as reflected by skewness and kurtosis, drive a risk premium that leads to deviations from PPP.
Michael G. Arghyrou +2 more
wiley +1 more source
Official Intervention in the Foreign Exchange Market: Is it Effective, and, If so, How Does it Work?
Mark P. Taylor, Lucio Sarno
semanticscholar +1 more source
ABSTRACT This paper studies herding and anti‐herding behaviour in three European stock markets before and during the Covid‐19 pandemic by employing both static and dynamic analysis. We examine four different questions related to herding behaviour: (i) Did herding behaviour increase during the pandemic? (ii) Does herding behaviour respond differently in
Dimitrios Asteriou +3 more
wiley +1 more source
Investment attractiveness in BRICS+ economies: Evaluating business environment reforms, institutional quality, and macroeconomic factors. [PDF]
Tachega MA +6 more
europepmc +1 more source
Meteor Showers or Heat Waves? Heteroskedastic Intra-Daily Volatility in the Foreign Exchange Market
R. Engle, Takatoshi Ito, Wenling Lin
semanticscholar +1 more source
Mergers and Acquisitions and Brexit: A Natural Experiment
ABSTRACT We study the impact of Brexit uncertainty on one of the most important forms of corporate investment: mergers and acquisitions (M&As). Brexit provides us with an ideal natural experiment to explore the real effects of economic uncertainty and understand the underlying transmission mechanism. We document a significant decline in the number of M&
Di Luo +3 more
wiley +1 more source
Professionalization trajectory of healthcare interpreter certification in the context of the language industry: a comparative study of industry-led and government-led models, with implications for China. [PDF]
Hu W, Jiang J.
europepmc +1 more source

