... on capital markets. Third, this study reveals that digital transformation substitutes dividends for corporate governance by reducing information asymmetry. Fourth, this study is the first to explore how the relationship between digital transformation and dividend payouts impacts firm value. The findings show...

... to environmental and social issues. For instance, the European Union (EU) recently issued the Corporate Sustainability Reporting Directive (CSRD) in December 2022 and implemented it starting in 2024 in member states. Non-financial disclosure is relevant for various stakeholders and could affect firm value...

... firms experience a decrease in firm value following the announcement of cross-border M&As. However, this negative effect is weakened when the firm’s home region is more market-oriented, reflected by economic activity driven primarily by market mechanisms rather than government intervention...

... companies take in launching digital initiatives? How does the choice between a proactive digital orientation (Pro-DO) and a reactive digital orientation (Rea-DO) influence firm value? Design/methodology/approach The authors adopted machine learning and a quantitative research approach using observations...

... management perspective, the authors aim to investigate the relation between CSI and firm value while also examining the moderating effects of being known in social media and generalized favorability in social media on this relation. Design/methodology/approach The empirical analysis conducted...

...Seung Uk Choi; Woo Jae Lee; Nak Hwan Choi Purpose This study aims to investigate the impact of coronavirus disease 2019 (COVID-19) on the relationship between buyer firms' corporate social responsibility (CSR) activities toward business partners, such as suppliers, and firm value. The study...

.... This study contributes to both the management literature on corporate lobbying and product recalls. Additionally, the study reveals the connection between pharmaceutical lobbying and firm value. Product recall Firm value FDA approval L15 M11 I18 D72 Blake Rayfield can be contacted...

...Hyang Mi Choi; Wonsik Sul; Sang Kee Min Purpose This paper seeks to explore such questions as: “What are the impacts of foreign investors and what are the channels through which foreign investors contribute to or detracts from firm value in Korea?” It aims to discuss how foreign investors...