... Climate change sentiment Stock liquidity Asymmetric information Regulatory environment G10 G40 Q54 Q58 Climate change poses a novel and complex risk to financial markets, challenging their ability to efficiently price exposures due to regulatory uncertainty, transition costs, and long...

...; Basu and Markov, 2004; Evans et al., 2017), our results regarding analysts’ cash flow forecast efficiency are unambiguous. Cash flow forecast Forecast accuracy Forecast efficiency G10 G17 G20 M41 Extant literature documents that cash flows are incrementally useful...

... these relationships manifest. Trade Spreads Price impact Information-based trading Liquidity Trade conflict G10 H11 F3 In the complex realm of global financial markets, political risks loom as potential disruptors, capable of casting a shadow over the operations, investments...

... rights only Corporate digital transformation Corporate tax avoidance Tax effort Tax management Tax haven G10 G23 G30 Along with the COVID-19 pandemic, digital technologies, such as artificial intelligence, blockchain technology, cloud computing, and big data have accelerated...

... investors Institutional investors Precautionary motive Agency motive G10 G20 G32 Research on corporate cash holdings has been one of the central topics in corporate finance literature during the last two decades. Amess et al. (2015) argue that the reason behind this increase...

... Private/public investment firms Organizational forms Mutual funds Performance Endogeneity and reverse causality G10 G20 G23 G32 More precisely, in this paper concerning investment funds, Massa and Zhang (2008) find that the internal organizational structure of asset management...

... 21 03 2022 © Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only Stock return synchronicity Information Stock returns Africa G10 G14 G15 Prior studies argue that stock returns in less-developed markets are synchronised with markets...

... be contacted at: cdanso@calstatela.edu 12 07 2017 30 07 2018 06 04 2019 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Trading Mergers and acquisitions Portfolio management Mutual fund performance G10 G11 G14 G23 G34...

... that the authors employed various ratios to measure fund performance in conjunction with CAPM model and then tested for two persistence performance measures; the repeat winner and CPR tests. C1 G10 G11 G23 This paper is motivated by Luo and Bhatti’s (2019) study who employed various copulas...

... 08 06 2016 © Emerald Publishing Limited 2017 Emerald Publishing Limited Licensed re-use rights only Earnings management Volatility G10 G32 Roll (1988) initiated a debate regarding whether “synchronicity” (high R^{2) or low idiosyncratic volatility}...

... Nov 1999 to 31 Mar 2000, respectively. © Emerald Group Publishing Limited 2015 Liquidity Transparency Broker ID Information content of trade Price impact G10 G15 G18 All stocks with more than two missing days during the investigated period from 1 May 1999 to 31 March 2000...