This study explores the link between corporate biodiversity management and the risk of
sudden declines in future stock prices, an area largely overlooked in empirical research …

This study examines whether greater discourse on environment-specific political risk (EPR)
in earnings conference calls (ECCs) has a favourable effect on firms' information …

In this study, we examine whether and how managers' intentions to raise equity are
associated with future stock price crash risk. Therefore, we apply modern information …

We examine the effect of nonfamily leadership in family firms, whereby family members do
not act as either a board chair or a CEO, on corporate earnings management. We find that …

We investigate whether share pledging by controlling shareholders affects firms' use of
derivatives. Our findings suggest that share-pledging firms are more likely to use derivatives …

In our study, we investigate the impact of shareholders' political hierarchy on regulatory
enforcement within the context of a Chinese local state-owned enterprise where multiple …

Managers have substantial discretion over qualitative disclosures. At the same time,
disclosure tone is an important source of information to investors. In this study, I examine the …

This study demonstrates that using derivatives can significantly improve stock liquidity. We
conduct several tests to check for robustness of our findings and control for potential …

Foreign exchange volatility challenges auditors for not only demanding more audit efforts
but also imposing heightened audit risk. We first show foreign exchange risks increase cash …

The role of derivatives on firm valuation has recently become a subject of intense debate for
emerging markets where there is greater asset price volatility, illiquidity, and the absence of …