... synchronicity G14 G21 G32 G34 In recent years, common institutional ownership (CIO) has become a central issue in both academic and policy debates (e.g. Azar et al., 2018 ; Schmalz, 2018 ; Koch et al., 2021). The prevalence of CIO, defined as institutional investors holding...

... Market reaction Market efficiency Financial markets D53 G12 G34 J16 M14 There are various mechanisms through which corporate governance can affect the liquidity of stocks. The resource dependence theory – established by the work of Pfeffer (1972) and Pfeffer and Salancik (1978...

...-making G34 G41 When a firm encounters financial distress, reorganization arguably is preferable to bankruptcy, because reorganization can avoid suboptimal incentive alignment in existing contracts (Hotchkiss et al., 2021 ; Altman et al., 2019 ; Brown, 1989 ; Broude...

... Emerald Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only Banking Board size Board structure Risk-taking Modern technology D81 G21 G34 The banking industry is one of the most flourishing industries in Pakistan. It consists of 31 banks – 22...

... re-use rights only Financial constraints Catering theory Corporate investment sensitivity Equity market misvaluation Market timing theory Investor horizon Jensen’ alpha G01 G14 G34 G41 Stock prices are observable and are the most widely used measure to judge...

... invaluable qualities suitable for leaders, especially creativity, understanding, adaptability, decisiveness and extraordinary efforts when faced with difficulties. Board of directors CEO and management Corporate governance Financial institutions G3 G21 G34 Cuong Thanh Dang can...

... diminishes CG adherence and thus weakens the nexus between CG and firm performance in hybrid system countries. Corporate governance Firm performance Board Transparency Management Insider ownership Hybrid system Civil law Hybrid model Corporate governance adherence G34 G38 L51 C33...

... for corporate control Takeover likelihood G3 G32 G34 G38 The market for corporate control operates as a disciplinary mechanism, which both pressures managers to make decisions in the best interests of shareholders and acts as the court of last resort when other corporate governance...

... corporate governance G34 M41 M48 Ex ante shareholder litigation threat[ 1 ] significantly raises the cost of managerial opportunism and creates a unique disincentive for managers to engage in opportunistic behaviors and is thus considered an important external corporate governance...

... © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only M41 M42 G3 G34 The literature, however, is limited and inconclusive in its examination of the relation between multiple directorships and the practice of earnings management. Fama...

... the presence of relationship between diversification and quality of governance (Campa and Kedia, 2002 ; Hoechle et al., 2012). Diversification Corporate finance Bank failures Bank independency G21 G28 G32 G34 Bank diversification and bank independency from shareholders began...

... across both bonus share and long-term incentive share variables. This is the first study to explore this relationship across industries. Compensation Executive compensation Firm risk Industry variation G01 G21 G28 G32 G34 In the wake of the 2007-2009 economic recession, criticism...

... 2016 18 05 2016 10 07 2016 12 07 2016 © Emerald Publishing Limited 2017 Emerald Publishing Limited Licensed re-use rights only Executive compensation Agency costs Corporate governance Perquisites (“Perks”) classification G34 M52 The expropriation...

.... Section 3 describes the sample and methodology. Section 4 presents the empirical results, and Section 5 concludes. SOX Change of directorships Director turnover Regulation effect Reputation effect G18 G32 G34 J41 J44 M40 M41 Increasingly, the accountability of board...