Results 71 to 80 of about 3,749 (275)
Eyes on the Ground: Can Institutional Investor Site Visits Discipline Corporate ESG Hypocrisy?
Business Strategy and the Environment, EarlyView.ABSTRACT This paper investigates whether institutional investor site visits serve as an effective external governance mechanism for curbing environmental, social and governance (ESG) hypocrisy. Using panel data on Chinese A‐share listed firms from 2012 to 2021, we find that site visits significantly reduce ESG hypocrisy by improving internal control ...
Lichun Zheng +4 more
wiley +1 more source
Are financially sophisticated CEO’s more efficient when it comes to investing?
Revista Contabilidade & FinançasThis study aims to examine the relationship between the financial sophistication (FS) of the Chief Executive Officer (CEO) and the efficiency of corporate investments using empirical analysis in a sample of 189 companies listed on the B3 S.A.
Márcio Fernando da Silva +1 more
doaj +2 more sources
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how climate change exposure affects corporate financing behaviour through the lens of managerial leverage distortion (MLD), defined as the absolute deviation of observed leverage from a benchmark implied by firm fundamentals.
Post Raj Pokharel
wiley +1 more source
The Analysis of the Executive Overconfidence in Fraudulent Companies [PDF]
بررسیهای حسابداری و حسابرسی, 2017 Executive overconfidence is one of the consequences of positive expectations about future performance, therefore failure to reach the specified goals may increase managers tendency to fraudulent financial reports.
kawa Qaderi, Kaveh Ghaderi
doaj +1 more source
Financial Market Imperfection, Overinvestment and Speculative Precaution [PDF]
, 2004 This paper uses panel data to assess the investment-cash flow sensitivity of non financial firms, as a function of their degree of financial health. The splitting criterion used to categorize firms is a financial stress indicator, the Z-score, which is a contemporaneous indicator inversely related to their probability of financial failure.
openaire +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines whether ESG‐related profitability differences arise from observable firm characteristics or from structural differences in how firms convert those characteristics into performance outcomes. Using an unbalanced panel data design, the final sample comprises 727 firm‐year observations from 178 publicly listed non‐financial ...
Yara Ibrahim +2 more
wiley +1 more source
Do prospector firms pay more dividends in times of high policy uncertainty?
Cogent Business & ManagementThis research aims to explore the nexus between business strategy and dividend payments. Utilizing a dataset encompassing U.S.-listed firms spanning the period from 1995 to 2018, our analysis reveals that firms employing prospector strategies exhibit a ...
Viet Anh Hoang +3 more
doaj +1 more source
The Study of Accruals and Conservatism Effect on Investment Efficiency [PDF]
پژوهشهای تجربی حسابداری, 2013 ،This paper by using adjusted model of biddle et al (2009), conditional relationship between conservatism and accrual quality on investment efficiency has been tested in Tehran stock exchange (TSE) during 2006-2009.
Hossien Fakhari, Shadi Rasooli
doaj +1 more source
Overinvestment and the Operating Performance of SEO Firms [PDF]
, 2010 "Prior studies have documented that firms' operating performance deteriorates following seasoned equity offerings (SEOs). This paper proposes and empirically tests the hypothesis that this poor performance is the result of managers' overinvestment.
FU, Fangjian, Fangjian Fu
core +1 more source
Beyond the Board: Does CEO‐CFO Tenure Staggering Curb ESG Greenwashing?
Business Strategy and the Environment, EarlyView.ABSTRACT Greenwashing threatens the credibility of corporate environmental strategies and ESG disclosure by creating a disconnect between symbolic claims and substantive action. Existing research mainly focuses on external pressures and formal governance mechanisms, with limited attention to the relational structure of the top management team ...
Zhe Sun +4 more
wiley +1 more source