Revisiting the Governance-Dividend Nexus: The Mediating Role of Corporate Social Responsibility. [PDF]
Shaheen R +6 more
europepmc +1 more source
Incentive and Signaling Effects of Bonus Payments: An Experiment in a Company
ABSTRACT Economists and management scholars have argued that the scope of incentives to increase cooperation in organizations is limited as their use may signal the prevalence of free‐riding among employees. This paper tests this hypothesis with an artefactual field experiment that assigns managers and employees from a large company to stylized roles ...
Marvin Deversi, Lisa Spantig
wiley +1 more source
TARFA: A Novel Approach to Targeted Accounting Range Factor Analysis for Asset Allocation. [PDF]
de Leon JJ, Medda F.
europepmc +1 more source
Import competition and stock price crash risk
Abstract We investigate how globalization‐induced import competition affects stock price crash risk. Import competition increases price pressure and reduces profit margins, prompting managers to withhold negative information, resulting in higher crash risk. Based on a sample of US manufacturing firms from 1974 to 2019, we find that firms whose products
Mansoor Afzali +2 more
wiley +1 more source
Reforming pensions in Africa: Addressing coverage, payout disparities, and dementia outcomes for sustainable aging. [PDF]
Mostert CM, Ajalo C, Andai D.
europepmc +1 more source
Daily entry and exit triggers for open market repurchases
Abstract Using publicly available daily data, we analyse the daily decision repurchasing firms make to enter or exit the market during open market repurchase programs. Firms enter the market to repurchase after a stock price downturn and maintain their presence in the market while stock returns remain negative. The lower the preceding overnight return,
Christine Brown, Sean Pinder
wiley +1 more source
The Repeal of Noneconomic Damage Caps and Medical Malpractice Insurance Premiums. [PDF]
Mizushima Y, Whaley C, Yu H.
europepmc +1 more source
CEO‐employee pay ratio disclosure and dividend policy
Abstract We examine whether and how the magnitude of the CEO pay ratio affects dividend policy in the context of inequality‐averse investors. Our results demonstrate a positive association between the two and remain robust to endogeneity concerns. We find that the CEO pay ratios positively affect dividends irrespective of whether CEO compensation ...
Rajib Chowdhury, John A. Doukas
wiley +1 more source
The power of ESG in shaping dividend policy: Illuminating the role of financial sustainability in an emerging market. [PDF]
Almulhim AA +4 more
europepmc +1 more source
When attentive insider trading matters: Evidence from government investment
Abstract We examine whether insiders can exploit public information to increase their trading profitability. By exploiting, as a quasi‐natural experiment, the Bipartisan Infrastructure Law (BIL), announced in the U.S. in March 2021 and implemented in November 2021, we provide evidence that insiders earn higher profits when government investment plans ...
Dimitris Petmezas +3 more
wiley +1 more source

