Results 141 to 150 of about 12,543 (285)
Characteristics of Hostile and Friendly Takeover Targets [PDF]
Compared to an average Fortune 500 firm, a target of a hostile takeover is smaller, older, has a lower Tobin's Q, invests less of its income, and is growing more slowly. The low Q seems to be an industry-specific rather than a firm-specific effect.
Andrei Shleifer +2 more
core
Thunderbird International Business Review, EarlyView.ABSTRACT This study investigates the relationship between Corporate Social Responsibility (CSR) and firm performance using panel data from 716 Chinese firms listed on the Shanghai and Shenzhen Stock from 2013 to 2019. It further examines the role of management innovation, specifically marketing intensity, in moderating the CSR–financial performance ...
Freeman Brobbey Owusu +4 more
wiley +1 more source
Disclosure of gender policies: do they affect business performance? [PDF]
Heliyon, 2022 Escamilla-Solano S +2 more
europepmc +1 more source
Investment, Tobin's Q, and Multiple Capital Inputs [PDF]
Despite their solid theoretical basis, models of business investment based on Tobin's Q theory have recorded a generally disappointing empirical performance. This paper examines one possible source of misspecification.
Robert S. Chirinko
core
Journal of Accounting Research, EarlyView.ABSTRACT In this paper, we develop novel measures of managerial labor market classification and competition by constructing networks of compensation benchmarking peers disclosed in proxy statements. These networks represent firms’ relative positions within the managerial labor market.
RAY RUI GAO, YIFEI LU
wiley +1 more source
Foreign Ownership and Firm Value in Japan [PDF]
I examine the relation between Tobin's Q and the structure of foreign equity ownership for a sample of 945 industrial firms listed in the 1st Section of the Tokyo Stock Exchange.
Park, Kwangwoo
core
Downside risk similarity and M&As
Contemporary Accounting Research, EarlyView.Abstract Downside risks are ubiquitous and can profoundly impact firm operations and valuation. Failure to adequately assess and manage target firms' downside risks hinders acquirers' ability to integrate and manage these businesses. This article introduces a novel measure of firms' downside risk similarity (DRS) based on risk factor descriptions and ...
Lei Chen +3 more
wiley +1 more source
Top Executives with Academic Work Experience, Stakeholder‐friendly Engagement, and Firm Value
Abacus, EarlyView.We study the role of top executives’ prior academic work experience in stakeholder‐oriented activities and related capital market benefits. Analyzing data from China, we demonstrate that firms managed by top executives with academic work experience have higher stakeholder‐friendly engagement scores than those without.
Zhe Li, Xinrui Liu
wiley +1 more source
The impact of analyst attention on the firms' innovation paths from a life cycle perspective: Evidence from China. [PDF]
Heliyon, 2023 Yao J, Wang D.
europepmc +1 more source
Co‐opted Boards and the Obfuscation of Financial Reports
Abacus, EarlyView.This study investigates the relationship between board co‐option and the obfuscation of financial disclosures in a comprehensive sample of 9,620 10‐K filings by 1,076 US‐listed firms between 1996 and 2018. Our empirical results are consistent with our hypotheses that board co‐option partly explains the obfuscation of financial reports.
Abongeh A. Tunyi +3 more
wiley +1 more source