Recent research has found that the cost response to an equivalent activity change is
asymmetric. This study systematically reviews 80 research articles published in 36 journals …

Abstract We examine how Corporate Social Responsibility (CSR), jointly with influential
institutional ownership (IO), affects firm value around the 2008 global financial crisis. We find …

This study tests two opposing views of institutional investors—monitoring versus short-
termism. We present evidence that institutional investor stability is negatively associated with …

This study investigates the impact of investment efficiency on firm value with a moderating
role of institutional ownership and board independence for companies listed on the Tehran …

We examine the relationship between digital transformation and corporate financialization
using Chinese-listed firms from 2007 to 2021. Results show that digital transformation …

Research background: The rapid development of digital economy has set off a new wave of
enterprise reform. Developing the digital economy is not only an urgent requirement of the …

This article examines the nexus between corporate social responsibility disclosures (CSRD)
and dividend payout decisions in the context of emerging markets. Using hand-collected …

This paper examines the relevance of institutional investors' investment horizon, as reflected
in the response of firm investment to internal cash flows. We argue that institutional investors …

Monitoring by long-term investors should reduce agency conflicts in firms' labor investment
choices. Consistent with this argument, we find that abnormal net hiring, measured as the …

We examine the relationship between institutional ownership stability and real earnings
management. Our findings indicate that firms held by more stable institutional owners …