...Jingcheng Wang; Winai Wongsurawat; Chenglin Gao Purpose This study examines how internationalization speed affects firm risk in emerging market multinational enterprises (EMNEs) and investigates the moderating roles of market power and ownership concentration. Design/methodology/approach Panel...

...Changjun Yi; Yun Zhan; Jipeng Zhang; Xiaoyang Zhao Purpose This study investigates the effect of ownership structure – ownership concentration and firm ownership – on outward foreign direct investment (OFDI) by emerging market multinational enterprises (EMNEs), and further explores the moderating...

... The authors find that South African banks do not use LLPs to smooth income when they are: under-capitalised, have large non-performing loans and have a moderate ownership concentration. On the other hand, income smoothing is pronounced when South African banks are rather more profitable during economic boom...