This paper investigates how social capital, defined by the strength of civic norms and the
density of social networks, affects firms' trade credit risk. The results show that social capital …

This study investigates the impact of real earnings smoothing on labour investment
efficiency. Our results show that real earnings smoothing is significantly associated with …

We assemble data of non-financial stocks on the Shenzhen small and medium-sized
enterprise (SME) board over the 2005–2019 sample period to explore the liquidity drivers of …

This study aims to examine and analyze the mediating effect of firm performance on
ownership structure on firm value. The independent variables are ownership concentration …

Recent studies have revealed the bright side and dark side of managerial ability, while its
effect on firm value remains unclear. We find that managerial ability is positively associated …

We explore the impact of Socially Responsible Investment (SRI) on firm value by examining
the role of institutions, an important factor neglected in many studies. Using data for 13,718 …

Purpose This study aims to examine the extent to which information asymmetry affects
investment efficiency and whether the presence of blockholders moderate this relationship …

In this paper, we first review the finance literature on managerial risk-taking incentives that is
based on various fixed effect models (FEs). Second, we discuss the differences between …

Enforcing a firm's patents is crucial for defending its competitive advantage. CEOs are
central for making these strategic decisions but we know little about how their individual …

Penelitian ini memiliki tujuan untuk melihat pengaruh dari corporate social responsibility
(CSR) terhadap nilai perusahaan dengan kepemilikan manajerial sebagai variabel …