Keywords: Market value
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Journal Articles
Managerial Finance (2026) 52 (8): 1340–1360.
Published: 16 February 2026
...Sırma Şeker; Cumhur Ekinci Purpose This article mainly investigates the direct and indirect effect (through its relation with advertising) of greenwashing on market value of firms with a special emphasis on consumer awareness and technological innovation. Design/methodology/approach We analyze...
Journal Articles
Journal Articles
Managerial Finance (2024) 50 (1): 179–197.
Published: 21 August 2023
... performance can help increase their own ESG performance, which in turn increases their market values. Heterogeneity and robustness tests also provide consistent results. Findings further confirm the bidirectional correlation between ESG and M&As, and then enrich related literature by suggesting...
Journal Articles
Managerial Finance (2009) 35 (2): 156–179.
Published: 16 January 2009
.... Design/methodology/approach This paper follows the value relevance literature methodology which tests for the difference between book and market values using a variety of indicators including net income and its components as well as bank efficiency (derived using DEA) and risk indicators. The regression...
Journal Articles

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