International Journal of Managerial Finance: Volume 16 Issue 1

Mutual fund trading around mergers and fund performance

Margarita Kaprielyan, Md Miran Hossain, Charles Armah Danso

The purpose of this paper is to investigate whether mutual funds (MFs) take positions in companies that subsequently engage in M&As and whether fund managers adjust portfolio…

Agency costs of board connections and director retention: evidence from UK takeovers

Hao Li, Edward Jones, Pierre de Gioia Carabellese

The purpose of this paper is to investigate whether ex ante board connections and director retention result in agency costs to target company shareholders in the form of reduced…

Assessing the risk of the European Union carbon allowance market: Structural breaks and forecasting performance

Anupam Dutta, Naji Jalkh, Elie Bouri, Probal Dutta

The purpose of this paper is to examine the impact of structural breaks on the conditional variance of carbon emission allowance prices.

Managed earnings, prior cost of capital, and firm location

Nacasius Ujah Ujah, Collins E. Okafor

A seemingly certain commonality in the extant literature is that firms that engage in the practice of managing earnings do so to massage their performance. The purpose of this…

The role of audit quality in preventing firm misreporting: empirical evidence from China

Loan Quynh Thi Nguyen, Duong Thuy Le, Hiep Ngoc Luu, Anh Huu Nguyen, Thinh Gia Hoang

The purpose of this paper is to explore the role of external audit quality in reducing firm misreporting practices.

Bond liquidity, risk taking and corporate innovation

Ha D. Nguyen, Huong T.H. Dang

The purpose of this paper is to investigate how market liquidity condition of corporate bonds can affect firm investment policy, specifically its risk taking, via the disciplinary…

Bank diversification and performance in an emerging market

King Carl Tornam Duho, Joseph Mensah Onumah, Raymond Agbesi Owodo

The purpose of this paper is to investigate the impact of diversification on profitability, profit efficiency and financial stability of Ghanaian banks.