Managerial Finance: Volume 44 Issue 11

Corporate finance approaches of Icelandic private firms after the financial crisis

Twahir Khalfan, Jón Þór Sturluson

The purpose of this paper is to provide insights about corporate finance decision-making of Icelandic private firms that have experienced a dramatic financial crisis in 2008–2010…

Technical efficiency: the pathway to credit union cost efficiency in Ghana

Benjamin Amoah, Kwaku Ohene-Asare, Godfred Alufar Bokpin, Anthony Q.Q. Aboagye

The purpose of this paper is to investigate the factors that tend to influence credit union efficiency, specifically examining cost efficiency (CE) and technical efficiency.

Cross-sectional variation in revenue-expense relation and cost of equity

Sangwan Kim

The purpose of this paper is to investigate whether revenue-expense matching is inversely associated with cost of capital and information asymmetry, respectively, in the equity…

Information asymmetry and equity issue decision of low-leverage firms: Evidence from an emerging market, India

Bipin Sony, Saumitra Bhaduri

The purpose of this paper is to investigate the role of information asymmetry in the equity issue decision of two categories of Indian firms with distinct levels of information…

The impact of oil price shocks on capital spending in the oil and gas industry: A VAR analysis at the firm level

Zahid Iqbal, Shekar Shetty

The purpose of this paper is to examine the impact of oil price shocks on capital spending in relation to the following firm characteristics: firm size, debt ratio, growth…

The cash flow sensitivity of cash in family firms: does the board of directors matter?

Assil Guizani, Faten Lakhal, Nadia Lakhal

The purpose of this paper is to shed light on the effect of French family control on the cash flow sensitivity of cash (CFSC). It also investigates the moderating effect of board…