Results 51 to 60 of about 2,315,880 (217)
International evidence of tax smoothing in a panel of industrial countries
, 2014 A panel of industrial countries is examined for evidence of `tax smoothing’. Tax smoothing results when governments minimize tax distortions over time. The model provides a positive theory of government debt and is due primarily to Barro. Unit root tests
Mark C. Strazicich (22021451)
core +1 more source
The Impact of Monetary Policy Shocks on Stock Price Crash Risk
International Journal of Finance &Economics, EarlyView.ABSTRACT This study examines the impact of monetary policy shocks (MPS) on future stock price crash risk (SPCR), using a sample of US firms from 1995 to 2019. We find that expansionary MPS significantly reduce the likelihood of SPCR, while contractionary MPS show no statistically significant effect on SPCR. These results remain robust after controlling
Shunshun Xu, Haifeng Guo, Yeqin Zeng
wiley +1 more source
Performance Measures, Discretionary Accruals, and CEO Cash Compensation
Journal of Corporate Accounting &Finance, EarlyView.ABSTRACT This paper examines the relative weights assigned to three performance measures—stock returns, accounting earnings, and operating cash flows—in determining executive cash compensation. We find that returns receive the highest weight, followed by earnings, while cash flows carry the least weight.
Ya Dai, Harrison Liu, Jennifer Yin
wiley +1 more source
Land Degradation &Development, EarlyView.ABSTRACT Forest fires have escalated alarmingly, now consuming more than double the tree cover compared to two decades ago, signaling a growing and urgent environmental crisis. This study addresses the ever increasing global concern of forest fires, focusing on sustainable economic recovery while minimizing the ecological footprint amid mounting ...
Laxita Soontha +2 more
wiley +1 more source
Heterogeneous Information and Appraisal Smoothing [PDF]
This study examines the heterogeneous appraiser behavior and its implication on the traditional appraisal smoothing theory. We show that the partial adjustment model is consistent with the traditional appraisal smoothing argument only when all the ...
Yingchun Liu, Zhenguo Lin, Ping Cheng
core
Effects of Corporate Greenwashing on Firm Value in China
Managerial and Decision Economics, EarlyView.ABSTRACT In response to rising public expectations for corporate environmental sustainability, instances of greenwashing have emerged as firms seek to alleviate regulatory pressure and mitigate reputational risks. This study examines the nonlinear economic consequences of corporate greenwashing by analyzing panel data from A‐share listed firms in China
Run Kong, Byungkwon Lim, Hyang Mi Choi
wiley +1 more source
Managerial and Decision Economics, EarlyView.ABSTRACT Trade‐policy shocks raise visible operating pressure on firms through sourcing costs, supplier exposure, and market‐serving choices. A direct operating‐margin interpretation points to production reconfiguration, pricing changes, or supply‐chain adjustment.
Garros Gong, Stanko Dimitrov
wiley +1 more source
Tax Salience, Voting, and Deliberation [PDF]
Tax incentives can be more or less salient, i.e. noticeable or cognitively easy to process. Our hypothesis is that taxes on consumers are more salient to consumers than equivalent taxes on sellers because consumers underestimate the extent of tax ...
Rupert Sausgruber, Jean-Robert Tyran
core +2 more sources
A Note on Testing ¡°Tax-and-Spend, Spend-and-Tax or Fiscal Synchronization¡±: The Case of China [PDF]
The hypothesis of tax-and-spend, spend-and-tax, or fiscal synchronization was tested using annual time series data for China over the period 1977 to 1999.
Yuan-Hong Ho, Tsangyao Chang
core
Carbon VIX, Climate Risk and Financial Stability New Evidence From Developing Countries
Sustainable Development, EarlyView.ABSTRACT This study investigates the effects of the carbon VIX and climate risk on financial stability through the banking Z‐score in developing economies. Using the Dynamic Panel Threshold Model of 106 developing countries from 2012 to 2022, the results reveal that both carbon VIX and climate risk exert a significant negative influence on banking ...
Alanoud Al‐Maadid +3 more
wiley +1 more source