.... Lastly, we enrich the literature on perennial corporate finance topics such as dividend payout, cash flow, and firm value. We identify essential economic implications that a manager's decision to expand innovations within the firm, particularly in a better-performing country that effectively addresses...

...)- is ultimately reflected in firm value. Design/methodology/approach The study employs multiple linear regression including Weighted Least Squares (WLS) regression, economic significance test, Heckman two-step selection model, propensity score-matched (PSM), entropy balancing and two-stage least squares (2SLS...

... Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only Climate change Risk disclosure Paris agreement Event study Firm value Earnings conference calls Text mining Q54 G14 G38 Climate change is one of the most pressing issues confronting the world today...

... the firm's competitive product market position. Our further empirical analyses suggest that over-reliance on peer firms as a source of information for optimising a firm's cash holdings policies might be detrimental to firm value for two reasons. First, by closely following peer firms' liquidity...

... the association between environmental commitments and firm value, the authors use the COVID-19 crisis as an exogenous shock and create a perfect natural setting to eliminate the endogeneity bias from our estimations. Moreover, the authors use propensity score matching to choose a one-to-one match of green bond...

... extra consideration to be measured according to their vulnerability to one's choices. In this regard, utilitarianism cannot protect the rights of minorities if the goal is the greatest good for the greatest number. Sustainability Firm value Board of directors Female directors Audrey...

... of the current corporate governance frameworks in place. Originality/value This study incorporates the country-specific institutional dimension in designing a research framework that is more relevant in examining the influential effect of governance-related characteristics on the diversification-firm value...

.../methodology/approach This paper tests an alternative hypothesis that if CSR investment is indeed an agency cost like the over-investment hypothesis suggests, then those activities may destroy firm value. Findings Using CEO pay slice (Bebchuk et al., 2011), CEO tenure, and CEO duality to measure...

...Shaista Wasiuzzaman Purpose – The purpose of this paper is to examine the relationship between working capital efficiency and firm value and the influence of financing constraints on this relationship. Design/methodology/approach – Data from 192 firms spanning a period of ten years (1999...