...-use rights only Trade credit Industry competitiveness Comparative advantage Emerging economies Manufacturing sector Trade shock GMM F14 F65 G30 Trade credit, a form of inter-firm financing, is a crucial component of corporate finance, enabling firms to manage liquidity...

... © Emerald Publishing Limited 2023 Emerald Publishing Limited Licensed re-use rights only Corporate governance Climate change Green innovation Sustainable investing Sustainable finance G30 O32 Q55 Q56 Climate change resulting from industrial activities is gaining...

... Capital market Corporate finance Cost of capital G30 H74 H63 R41 National Natural Science Foundation of China 72072049 71772154 Zhejiang Key Program for Emerging & Interdisciplinary Research 21XXJC03ZD The Cultivation Project of Leading Talents in Philosophy and Social...

... holdings Cash stock Managerial attributes Upper echelons theory Panel data M10 M41 G30 G32 This paper analyzes the impact of chief executive officer (CEO) ability on firm-level cash policy. Numerous empirical studies propose that the managerial skill set has a substantial impact...

... G23 G30 This paper examines the impact of institutional investors’ private communications on listed firms’ accounting quality, and specifically the effect of site visits on earnings management. Investors’ monitoring plays a crucial role in improving firms’ accounting quality. External...

... Top-executive turnover G30 G38 Finally, we compare the sensitivity of blockholding to firm performance before and after the reform and show that blockholding is more sensitive to firm performance after the reform. Therefore, blockholders become more likely to sell their shares due...

... culture Political party orientation JG21 G30 G33 How do top corporate mangers’ political ideologies affect their financial policies? How do banks consider the borrowing firm’s political orientation to monitor the borrower’s credit quality? Extant empirical research on these questions has...

... bonds Government relations Customer concentration types G21 G30 G38 The sample selects all firm-year information from the annual Compustat database from 1985 to 2012. This process excludes financials (SICs 6000-6999) and regulated utility firms (SICs 4900-4999). I require a firm to have...

... categories G14 G17 G30 M41 Financial analysts are information intermediaries in the financial markets, where they play a key role by generating earnings forecasts. To generate forecasts that are relevant to investors, analysts deal with a variety of public information (Miller and Sedor, 2014...

... structure Liquidity Market efficiency Adverse-selection costs Depths Spreads G20 G30 How financial asset prices adjust to information has long been a focus in finance literature. Evidence that a market is quite efficient (Fama, 1970) over a daily horizon does not preclude inefficiencies...