International Journal of Managerial Finance: Volume 17 Issue 2

Social media posts and stock returns: The Trump factor

Carl Ajjoub, Thomas Walker, Yunfei Zhao

This paper explores the effects of US President Donald Trump's Twitter messages (tweets) on the stock prices of media and non-media companies.

Managerial optimism and corporate cash holdings

Ly Thi Hai Tran, Thoa Thi Kim Tu, Thao Thi Phuong Hoang

This paper examines the effects of managerial optimism on corporate cash holdings.

Does earnings transparency affect corporate payout decisions?

Yogesh Chauhan, Rajesh Pathak

The paper examines how earnings transparency affects dividend payouts for Indian firms. The authors also explore the channels through which earnings transparency affects dividend…

Digital corporate reporting and value relevance: evidence from the US and Japan

Yuan George Shan, Indrit Troshani

The study improves current understanding concerning the implications of digital corporate reporting technology on the informativeness of accounting information.

Creditors' governance, information asymmetry and debt diversification: evidence from India

Nemiraja Jadiyappa, Garima Sisodia, Anto Joseph, Santosh Shrivastsava, Pavana Jyothi

The governing role of bank-appointed directors (BADs) on the boards of non-financial firms has a potential to reduce information asymmetry between the firm and non-bank lenders…

Too far east is west: tax risk, tax reform and investment timing

Wanyi Chen

Tax risk refers to the uncertainty of future corporate taxation. Tax reform is a key issue in major current tax system adjustments that seriously affect a firm's tax risk. In…

Returns and volatility spillovers among cryptocurrency portfolios

Ismail Olaleke Fasanya, Oluwatomisin Oyewole, Temitope Odudu

This paper examines the return and volatility spillovers among major cryptocurrency using daily data from 10/08/2015 to 15/04/2018.

Corporate payout policy: does product market competition matter? Evidence from Australia

Hai-yen Pham, Richard Chung, Ben-Hsien Bao, Byung-Seong Min

The purpose of this paper is to examine the impact of product market competition on dividend payout and share repurchases in Australia in which a full dividend imputation system…