... institutions are distributed into three groups: M41 M48 Q40 Q48 Adams et al. (2015) point out that boards bear responsibility for practices related to corporate legitimacy, including SP. The literature on the relationship between SPD and CG has identified the influence of board...

... Regression Least square estimation Crude oil Econometric M41 G34 O16 D53 Despite evidence of reduced earnings-management incentives during economic slowdowns, alternative research suggests otherwise. Liao et al. (2013) indicate that information asymmetry increases during periods...