International Journal of Managerial Finance: Volume 12 Issue 5

Guest editorial

Lynnette Purda

Why does bank screening matter? Private information and publicly traded securities

Edwin Harold Neave

The purpose of this paper is to use an equilibrium model to identify the public and private informational requirements for equilibrium pricing and shows that unless these…

Does a firm’s bond IPO influence monitoring by private lenders?

Tashfeen Hussain

The purpose of this paper is to investigate whether a firm’s undertaking of a bond IPO influences the monitoring of the private loans granted to the firm by private lenders. If it…

Market effects of SEC regulation of short-term borrowing disclosure

Trevor C. Chamberlain, Abdul-Rahman Khokhar, Sudipto Sarkar

The purpose of this paper is to offer an alternative approach to measure the cost-benefit tradeoff, by analyzing stockholders’ reactions to the announcement and vote on the…

Social capital of non-resident family members and small business financing: Evidence from an Indian state

Amarjit Gill, Min Thu Maung, Reza H. Chowdhury

The purpose of this paper is to investigate the impact of social capital of non-resident family members on small business debt financing. Recent literature in entrepreneurship…

Corporate governance and dividend strategy: lessons from Australia

Hussein Abedi Shamsabadi, Byung-Seong Min, Richard Chung

The purpose of this paper is to empirically investigate the effects of corporate governance on the dividend payout (DP) in Australia where DP remains high and corporate governance…

CEO power, corporate social responsibility, and firm value: a test of agency theory

Frank Li, Tao Li, Dylan Minor

The purpose of this paper is to explore whether firms with powerful chief executive officers (CEOs) tend to invest (more) in corporate social responsibility (CSR) activities as…

Volatility, trading volume and open interest in futures markets

Christos Floros, Enrique Salvador

The purpose of this paper is to examine the effect of trading volume and open interest on volatility of futures markets. The authors capture the size and change in speculative…

Influence of family ownership on company performance

Ilse Maria Beuren, Leandro Politelo, José Augusto Sousa Martins

The purpose of this paper is to investigate the relationship between family ownership and the performance of Brazilian companies listed on BM&FBovespa. It also provides a…

Regulatory overkill? Short-sales ban in Korea

Jaemin Kim, Joon-Seok Kim, Sean Sehyun Yoo

The authors investigate the 2008-2009 short-sales ban in Korea, one of the most comprehensive and restrictive short-selling bans worldwide. The purpose of this paper is to…

The effect of short-sale restrictions: another perspective

Van Le

The purpose of this paper is to examine the effect of short-sale restrictions (SSR) with particular emphasis on their impact on the liquidity and informed trading in the stock and…