Accounting &Finance, EarlyView.ABSTRACT This study examines how board expertise diversity influences firm performance using a novel machine learning approach to classify directors' professional backgrounds. Drawing on data from Spanish listed firms, we develop multidimensional expertise profiles that capture multiple skills held by each director.
Fernando Hernández‐Atienza +4 more
wiley +1 more source
'Survival-driven' or 'policy-driven'-research on the motivation and economic consequences of the mixed-ownership reform of state-owned enterprises. [PDF]
PLoS OneWang X.
europepmc +1 more source
Theories of Interest and Their Relation to the Gesell–Keynes Theory
The American Journal of Economics and Sociology, EarlyView.ABSTRACT We consider theories of interest as they relate to what we will call the Gesell‐Keynes (GK) theory which is essentially a real theory of capital accumulation with a monetary constraint that arises because of a liquidity return on holding money.
Ahmed Anwar
wiley +1 more source
Asia-Pacific Journal of Financial Studies, EarlyView.Abstract This paper examines whether Korea's COVID‐19 credit support programs generated spillover effects on bank lending to riskier firms. While banks extended relatively more credit to riskier eligible SMEs during the policy period (2020), lending to riskier non‐eligible firms also increased in the post‐policy period (2021–2022), indicating a ...
Munbak Choe, Joon Chae
wiley +1 more source
Examining how fiscal policies influence innovation in TCM enterprises: the role of R&D investment and executives with pharmaceutical backgrounds. [PDF]
Front Public HealthGuo D, Qi L, Song X.
europepmc +1 more source
Mitigating policy uncertainty: What financial markets reveal about firm‐level lobbying
American Journal of Political Science, EarlyView.Abstract Elections can lead to substantial policy changes and, thus, are a significant source of risk. Firms can respond to such policy uncertainty by lobbying, but it is hard to quantify whether they do so and, if so, how much lobbying benefits them. We construct a new dataset and leverage investors’ expectations of variability in stock returns in the
Kristy Buzard +2 more
wiley +1 more source
KoTaP: A Panel Dataset for Corporate Tax Avoidance, Performance, and Governance in Korea. [PDF]
Sci DataNa H +5 more
europepmc +1 more source
The Effect of CEO Risk Tolerance on Pay Adjustment Decisions: Evidence From a Natural Experiment
Corporate Governance: An International Review, EarlyView.ABSTRACT Research Question/Issue This study investigates how boards' preferences for CEO risk taking evolve over time. We examine how boards recalibrate CEO equity incentives in response to external shocks, using the recognition of the inevitable disclosure doctrine (IDD) as a natural experiment.
Shuhui Wang +2 more
wiley +1 more source
Can digital transformation promote the green innovation quality of enterprises? Empirical evidence from China. [PDF]
PLoS OneHuang Y, Lau CW.
europepmc +1 more source