Abstract The 26th UN Climate Change Conference of the Parties (COP26) reached a
package of agreements, announcing the start of a new journey in the global response to …

Employing a panel sample of 61,532 cross-border mergers between 2000 and 2020, we
investigate the impact of market misvaluation on corporate cross-border mergers and …

The chief executive officer (CEO) is the executive at the top of the firm's hierarchy and plays
a significant role in the firm's investment in innovation and whose decision-making …

This study employs data from Chinese firms between 2017 and 2019 to explore how
government–business relations affect corporate cash holdings. We find that healthy …

This paper investigates whether female board participation improves a firm's efforts to
manage its cash holdings in Korea. We find that firms with female directors quickly adjust …

This study investigates whether firms make efficient labor investment decisions in response
to media attention. The results show that media attention lowers labor investment …

In the context of technological innovation promoting the long‐term sustainable development
of enterprises, how to better motivate senior executives to create greater value for an …

This paper examines how negative publicity influences firms' capital structure decision. We
find that firms exhibit faster adjustment of capital structure toward the target level after more …

Based on big data analysis, this paper takes the empirical data of listed companies in China
from 2019 to 2021 as samples, and draws lessons from the idea of classical enterprise value …

要旨現金保有の調整速度に注目した研究が多く報告されている. 先行研究は現金保有の調整速度
の定量化方法を提示したうえで, それに影響を及ぼす様々な要因を明らかにしている. ただし …