...Ismail Khan; Haseeb Ur Rahman; Mustafa R. Rehman Khan; Muhammad Asim Afridi; Zhao Rui Feng Purpose This study aims to examine the moderating role of product market competition ( PMC ) in the relationship between corporate governance ( CG ) and firm value from the perspective of agency theory...

...Ikram Ben Salah; Aida Kammoun Purpose The aim of this paper was to investigate the impact of blockchain technology on firm value, using the mediating role of corporate governance. Design/methodology/approach To test the hypotheses, the authors applied linear regression with panel data using...

...Mosa Abdelgelil Amin; Ahmed Almoneef; Ahmed A. Elamer; Eman Mohamed Abdelmaged Purpose This study investigates the relationship between family control, CEO identity and cash holdings, and how these factors influence firm value in Egyptian family firms. Operating in a weak governance environment...

...Voni Tamararizki; Muhammad Rasyid Abdillah; Rizqa Anita; Nor Balkish Zakaria Purpose This study aims to examine the influence of female representation on corporate boards on firm value, with a particular focus on the mediating effects of risk management and philanthropic activities. It seeks...

... firm value. This study aims to investigate the effect of CSR on firm value. This study also examines the mediating role of enterprise risk management (ERM) and the moderating influence of corporate governance (CG) in this CSR-firm value relationship. Design/methodology/approach The sample...

...Khine Kyaw; Ishwar Khatri; Sirimon Treepongkaruna Purpose Agency theory postulates that research and development (R&D) investments are subject to managerial discretion and thus may not enhance firm value as expected. The inconclusive empirical findings in the literature is a testament...

.... They find that the value of excess cash depends on CEO characteristics such as educational background and CEO demographics. Using US non-financial firms as the study sample, Belkhir et al. (2014) provide evidence that excess cash holdings contribute less to firm value when shareholders expect...

... valuation and a multi-factor earnings quality measure based on four components (accruals, cash flows, operating efficiency and exclusions). The authors further show that stock market development is also a driver of firm value, while country-level governance is significant only in the case of a firm fixed...

... framework is then used to estimate the impact of cash-holdings and leverage policies on firm value for this sub-sample. This exercise is also performed by taking into account the level of CMF of the state where the firm operates. Findings The results show that the relationship between cash-holdings...

... and environmental concerns in their business operations and their interaction with their stakeholders on a voluntary basis.” To clarify the nature of CSR which has impacts on firms’ value, I defined CSR in this empirical study as follows:  A firm’s activities that have an impact on the society...

...Irfan Ullah; Hongxing Fang; Khalil Jebran Purpose This paper aims to examine whether and how gender diversity and CEO gender can influence firm value in the emerging market of Pakistan. The study further tests whether these relations vary across state-owned enterprises (SOE) and non-state-owned...

... Managerial ownership Agency costs Firm performance Firm value Financial crisis Endogeneity G34 G30 G01 Based on the resource dependence theory, especially after the financial crisis and the need for more connections with the external environment, large boards are expected to be associated...

... the relationship between corporate governance practices, ownership structure, cash holdings and firm value. Design/methodology/approach The study deployed the seemingly unrelated regression to reduce the problem of multicollinearity resulting from the strong relationship between cash reserves and some control...

... between CG mechanisms and firm value was also examined. Design/methodology/approach – Multiple regression models were used to examine the association between CG, analyst coverage and firm value for a large sample of UK firms listed in London Stock Exchange with financial year ends between January...

...Naveen Kumar; J.P. Singh Purpose The purpose of this paper is to examine the effect of corporate board size and promoter ownership on firm value for selected Indian companies. Design/methodology/approach The study analyses the corporate governance structure of 176 Indian firms...