... Africa and the Middle East from 2007 to 2016. Political connections Board diversity Ethnicity Value relevance Mauritius G3 G14 M14 M41 Several studies have examined the economic consequences of political connections in capital markets. Studies on political connections center...

... Geomagnetic activity Earnings information Timing of disclosure Stock price reactions Earnings response coefficient G14 M41 Geomagnetic activity (GMA) refers to geomagnetic storms (or solar storms) that are temporary disturbances of the Earth's magnetosphere caused by solar wind shockwaves...

... Capital structure Institutional environment F65 G14 G32 Different from the common prevailing view on firms as a simple “nexus of contracts” (Jensen and Meckling, 1976), a political theory of the firm has been called for by some researchers (e.g. Zingales, 2017), demonstrating that larger...

... Analyst forecast Forecast accuracy Managerial insider trading Market efficiency G14 G17 G18 K22 Whereas investors are not allowed to trade based on insider information, it has been documented that managerial insider trades convey relevant market signals consistent with the idea...

... Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Managerial ability Tone management Tone informativeness Career concerns Earnings press releases G14 G17 J50 J53 M40 Managers care about how their ability is perceived by the labor market...

... proximity to broad bond rating change and annual report reading difficulty, leading to the second hypothesis. Broad bond rating change Borderline companies Bond rating Annual report readability D23 G14 G38 M12 The purpose of this study is to examine the impact of proximity to broad...

... benchmarks. © Emerald Publishing Limited 2017 Emerald Publishing Limited Licensed re-use rights only Chinese listed companies Earnings management Earnings benchmarks Future stock performance G14 M41 Meeting or beating earnings expectations (MBE) is a signal that is closely...