... and firm value and investigates whether this impact varies with the type of blockholders and level of ownership. Design/methodology/approach The authors used a fixed-effect panel regression method to analyze 1,136 National Stock Exchange-listed firms with 10,770 observations between the years 2005...

...) to cash flow sensitivity to understand the nature of financial constraints. Second, the authors further investigate the impact of working capital level on firm values and risks between group-affiliated and standalone firms. Design/methodology/approach This paper uses balanced panel data set from...

...Taruntej Singh Arora; Suveera Gill Purpose There is mixed evidence in the extant literature on the firm value implications of corporate tax aggressiveness in the developed economies. There are, however, limited studies that discuss this relationship in the case of emerging economies. The present...

...) regression are also conducted for robustness. Findings Robust evidence was found that unlike domestic institutional investors, which do not influence the value of excess cash holdings, foreign institutional investors positively affect the contribution of excess cash holdings to firm value. The positive...

... of managers enhances or deteriorates firm value. The authors provide evidence consistent with CEOs adopting labor policies impacting incumbent management–labor relationships based upon their political ideologies. Design/methodology/approach The research design tests the impact of CEO political ideology...

...Md. Borhan Uddin Bhuiyan; Muhammad A. Cheema; Yimei Man Purpose The authors empirically examine the impact of the stand-alone risk committee on corporate risk-taking and firm value. Design/methodology/approach The authors argue that the existence of a stand-alone risk committee enhances...

... is consistent with the fact that firms use advertising to differentiate their products and services, cultivate their brand image, attract investors' attention and generate good reputation. As a result of above factors, prior literature documents strong correlations between advertising and firm value...

...Nemiraja Jadiyappa; Bhanu Sireesha; L. Emily Hickman; Pavana Jyothi Purpose Prior literature demonstrates that the effectiveness of bank monitoring decreases when multiple banks are involved, due to a free rider problem, leading to lower firm value. The purpose of this paper is to investigate...

...Boonlert Jitmaneeroj Purpose Corporate social responsibility (CSR) has several dimensions that are inherently unobservable or measured with errors. Due to measurement errors of CSR proxies, regression analysis seems inappropriate for investigating the relationship between CSR and firm value...

...Cathy Xuying Cao; Chongyang Chen Purpose The purpose of this paper is to examine how employee satisfaction affects firm value around the financial crisis. Design/methodology/approach The authors use the 2008 financial crisis as exogenous shocks to firms to mitigate endogenous concern...

...Thomas O'Connor; Julie Byrne Purpose – The purpose of this paper is to explore the relationship between corporate governance and firm value at different stages of the corporate life-cycle. Design/methodology/approach – The authors use two measures, commonly employed in the literature...