... propensity score matching approach) and fixed effects. Furthermore, the study incorporates the interaction effects of (a) corporate governance level and (b) information asymmetry level. Findings The novel findings of this study are twofold. First, employee stock ownership plans (ESOPs) significantly...

...-year observations of non-financial companies listed on the Stock Exchange of Thailand (2019–2023), the study employs regression models based on insights drawn from information asymmetry and agency theories to investigate the links between ESG reporting quality, debt maturity structure and investment...

... characteristics Information asymmetry G40 G41 G32 M41 Forecasting dividend policy, according to proponents of signaling theory in the context of this study, entails the sharing of private information about current and future earnings and, as such, can be used to reduce information asymmetry...

... degree of information asymmetry. Besides, the government’s regulatory reforms on corporate disclosures enhance the predictive ability of tone. Research limitations/implications The study suggests the naïve Bayesian algorithm as a cost-efficient alternative for human coding in textual analysis. Also...

... © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Brazil Board interlock Director network Economic policy uncertainty Emerging market Information asymmetry Corporate governance Stock liquidity D85 G14 G18 G34 L14 Prior studies...

... uncertainty Information asymmetry Information disclosure Investor sentiment E61 G18 G33 Our study makes several contributions. First of all, we contributed to a fierce and ongoing debate over the impact of economic policy uncertainty on various corporate outcomes such as equity issuance...