... of directors Corporate governance M&A activity Corporate boards play a central role in advising management on strategic decisions and monitoring managerial actions to safeguard shareholders’ interests (Adams et al., 2010 ; Adams and Ferreira, 2007 ; Fama and Jensen, 1983). Mergers...

... 2025 20 04 2026 22 04 2026 © Emerald Publishing Limited 2026 Emerald Publishing Limited Licensed re-use rights only Busy board Busy directors Cash holdings Corporate governance Emerging market The Board of Directors is the fundamental corporate governance mechanism...

... suggest that debt as a corporate governance mechanism has two-faced effects on firm performance. The effect of leverage on firm performance tends to be positive when leverage is low, but the effect diminishes and becomes negative as leverage increases. In general, state-owned enterprises (SOEs) are less...

... financial outcomes but also enhances organizational resilience. Moreover, we find that macroeconomic policy uncertainty and micro-level corporate governance positively moderate the relationship between cost stickiness and organizational resilience. Additionally, our analysis reveals that organizational...

... to corporate governance in reducing investment inefficiency of firms. Design/methodology/approach Utilizing the residuals extracted from Biddle et al. (2009) investment model, investment inefficiency, overinvestment and underinvestment are measured for 506 non-financial Indian listed firms...

...Muhammad Farooq; Muhammad Imran Khan; Qadri Aljabri; Muhammad Tahir Khan Purpose This study aims to examine the impact of corporate governance on the speed of adjustment (SOA) of capital structure in a developing market, Pakistan. Design/methodology/approach The study's sample includes 173 non...

... Publishing Limited Licensed re-use rights only Institutions Stock price crash risk Corporate governance Global sample Stock price crash risk has been an increasingly researched area in the current literature. The concept originates from the argument that managers tend to hoard bad news...

... et al. (2019) , Benischke et al. (2019) Source(s): Authors’ own creation Chief executive officers CEO attributes Personal characteristics Upper echelons theory Corporate policies Firm performance Corporate governance Survey Literature review Investment...

...Daniel Tut Purpose This paper addresses the following questions: Why do some firms employ multiple debt types? What explains debt heterogeneity? Is the choice of the source of debt a function of corporate governance? Design/methodology/approach The author's paper is empirical and uses multiple...

...Ella Guangxin Xu; Joey W. Yang; Yuan George Shan; Chris Graves Purpose This study investigates effects of corporate governance on the financial performance of family-controlled firms and how these effects differ between common law and civil law jurisdictions. Design/methodology/approach...

...Ella Guangxin Xu; Chris Graves; Yuan George Shan; Joey W. Yang Purpose The paper aims to examine the effect of corporate governance (CG) on innovation investment, with consideration of ownership types and legal jurisdictions. Design/methodology/approach The authors' empirical analysis is based...

... asymmetry Employee relations Corporate governance G34 K40 K41 M14 If managers use employee treatment as a signaling channel to enhance relations with stakeholders, then information asymmetry will be reduced. However, if employees are badly treated and firms are facing frequent allegations...

... are associated with better monitoring quality. These findings suggest that different types of social connections of independent directors play a different role in board monitoring and help extend our understanding of the function of social connections of independent directors in corporate governance. Emre...

... and contributing to the corporate governance literature. Notably, the study highlights boardroom diversity’s importance to enhance the boards of State-controlled firms’ performance. Corporate governance Dividend payout Board performance Board composition G35 J33 N25 Ravichandran...

... and subsequent acquisition investments made in the year of SEO announcements. Another explanation of the negative reactions of investors to an SEO announcement, one that has received less attention, is the strength of the issuing firm's corporate governance. According to Jung et al.'s (1996...

... be contacted at: meganrainville@missouristate.edu 17 06 2020 30 07 2020 11 08 2020 18 08 2020 © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only Military executives CEO compensation Corporate governance G30 G34 J24...

.... The relationships are causal, significant and robust to a variety of alternative specifications and sample divisions. Originality/value Results of this paper suggest that as a mechanism for corporate governance, the threat of HFA is effective in preventing corporate policy deviations. They also demonstrate...

... compensation. The effects of accounting conservatism on the PPS of options are more significant for firms with relatively weaker corporate governance and for the period before the introduction of FAS 123R. The findings suggest that directors reward CEOs for adopting accounting conservatism, both in general...

... (Donaldson, 1963 ; Titman and Wessels, 1988). Moreover, managers may follow already developed financing patterns and may not actively seek the optimal use of debt (Myers, 1977). Corporate governance therefore may play an important role, and the implementation of effective governance can lead to an optimal...

... 04 04 2019 04 04 2019 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Corporate governance Mergers and acquisitions Board connections Agency costs Director retention Directors of target companies are subject to a conflict...