International Journal of Managerial Finance: Volume 18 Issue 1

Tax avoidance and stock price crash risk: mitigating role of managerial ability

Mukesh Garg, Mehdi Khedmati, Fanjie Meng, Prabanga Thoradeniya

The purpose of this paper is to examine whether the quality of management can mitigate the positive association between corporate tax avoidance and firm-specific stock price crash…

Do corporate social responsibility disclosures influence investment efficiency in the emerging markets of Asia?

Farah Zamir, Greg Shailer, Abubakr Saeed

Corporate investment efficiency ultimately influences economic development but is largely at the discretion of managers. Information asymmetries are problematic in emerging…

Corporate social responsibility and corporate payout policy: the impact of product market competition

Shahbaz Sheikh

The purpose of this paper is to empirically investigate if and how firm performance in corporate social responsibility (CSR) is related to corporate payouts and how competition in…

Banking sector earnings management using loan loss provisions in the Fintech era

Peterson K. Ozili

This paper analyzes banking sector earnings management using loan loss provisions (LLPs) in the Fintech era.

Heterogeneous firm-level responses to the US 2018 tariff announcement

Yafeng Qin, Zikai Yang, Min Bai

This study examines the impact of the $60 billion tariff announcement of the US government on the Chinese exporting firms. In particular, it focuses on the firms whose revenues…

Institutional blockholders and the variability of firm performance

Peng Huang, Yue Lu

We examine the effect of institutional blockholders on the variability of firm performance.

When no news is good news: failing to increase dividends

David Michayluk, Karyn Neuhauser, Scott Walker

The study's purpose is to examine market returns around dividend announcements that contrast with a pattern of prior dividend announcements.

Threat of hostile takeover and the cost of seasoned equity offerings

Ali Sheikhbahaei, Syed Shams

This paper investigates the relationship between a firm's susceptibility to a hostile takeover and investors' reactions to a seasoned equity offering (SEO).

The flexibility of corporate payouts vis-à-vis capital investment: some UK evidence

Ioannis Chasiotis, Andreas G. Georgantopoulos

This study investigates the relative flexibility of payouts vis-à-vis investment in the UK, motivated by concerns regarding this market's distinct payout characteristics and…