Skip to main content

Research Repository

Advanced Search

Outputs (10)

Does firm internationalization improve ESG performance? Evidence from China (2025)
Journal Article
Zhou, J., Wu, K., & Li, Y. (2025). Does firm internationalization improve ESG performance? Evidence from China. International Review of Economics and Finance, 101, Article 104168. https://doi.org/10.1016/j.iref.2025.104168

Amidst the current era of economic globalization, the internationalization of emerging market firms (EMFs) and their sustainable development are increasingly prominent. Environmental, Social, and Governance (ESG) has received widespread attention as... Read More about Does firm internationalization improve ESG performance? Evidence from China.

Stock mispricing, corporate governance and SEOs market timing (2025)
Journal Article
Kumpamool, C., Guney, Y., & Hudson, R. S. (in press). Stock mispricing, corporate governance and SEOs market timing. International Journal of Managerial Finance, https://doi.org/10.1108/IJMF-06-2024-0356

Purpose: This paper examines the presence of stock market timing in Thailand. We explore the potential impact that equity overpricing, stock ownership and corporate board structure have on equity market timing. Design/methodology/approach: We use a c... Read More about Stock mispricing, corporate governance and SEOs market timing.

Employee ownership and workplace democracy: Antidotes to labour market monopsony? (2025)
Journal Article
FitzRoy, F. R., & Nolan, M. A. (in press). Employee ownership and workplace democracy: Antidotes to labour market monopsony?. Journal of Participation and Employee Ownership, https://doi.org/10.1108/JPEO-10-2022-0021

Purpose: We show that employee ownership is more efficient than control by external capital owners/employers. This complements the empirical evidence for benefits of employee ownership surveyed by Mygind and Poulsen (2021), Kruse (2022) and Dow (2003... Read More about Employee ownership and workplace democracy: Antidotes to labour market monopsony?.

Achieving the UN Sustainable Development Goal 6 in Nigeria: Lessons from Bangladesh’s ‘Nature Based Solution’ Approach (2025)
Journal Article
Falade, O. D., & Chowdhury, J. (2025). Achieving the UN Sustainable Development Goal 6 in Nigeria: Lessons from Bangladesh’s ‘Nature Based Solution’ Approach. University of Asia Pacific Journal of Law & Policy, 9(1), 1-23

The United Nations Sustainable Development Goal (SDG) No. 6 is about ensuring adequate and quality water for all by 2030. However, there are concerns that Nigeria will not achieve SDG 6 as its efforts to ensure quality water have proved abortive. Nig... Read More about Achieving the UN Sustainable Development Goal 6 in Nigeria: Lessons from Bangladesh’s ‘Nature Based Solution’ Approach.

The Impact of Say-On-Pay on Firm Efficiency in Anglo-Saxon Economies—Do CEO Personal Traits and CG Mechanisms Matter? (2025)
Journal Article
Joura, E., Gerged, A. M., Xiao, Q., & Ullah, S. (2025). The Impact of Say-On-Pay on Firm Efficiency in Anglo-Saxon Economies—Do CEO Personal Traits and CG Mechanisms Matter?. International journal of finance & economics : IJFE, https://doi.org/10.1002/ijfe.3131

In this study, we explore how the personal traits of CEOs and corporate governance mechanisms moderate the link between Say-on-Pay (SOP) votes and various aspects of firm efficiency. Our sample consists of 1931 firms listed in four Anglo-Saxon econom... Read More about The Impact of Say-On-Pay on Firm Efficiency in Anglo-Saxon Economies—Do CEO Personal Traits and CG Mechanisms Matter?.

Make it Right: Regulatory Intervention in Managers’ Misconduct and Corporate Risk (2025)
Journal Article
He, F., Du, H., Li, Y., & Hao, J. (online). Make it Right: Regulatory Intervention in Managers’ Misconduct and Corporate Risk. Journal of Business Ethics, https://doi.org/10.1007/s10551-025-05934-w

Regulatory intervention is important in shaping corporate behaviour, especially in markets with relatively weak property rights. Using a sample of publicly listed companies in China from 2006 to 2021, this study investigates the impact of regulatory... Read More about Make it Right: Regulatory Intervention in Managers’ Misconduct and Corporate Risk.

The impact of term spread volatility on economic activity (2025)
Journal Article
Megaritis, A., Bakas, D., Bermpei, T., & Triantafyllou, A. (2025). The impact of term spread volatility on economic activity. Economics letters, 247, Article 112190. https://doi.org/10.1016/j.econlet.2025.112190

We examine the impact of the volatility of the US Treasury yield curve slope (term spread volatility) on US economic activity within a VAR framework. Our findings show that a positive shock to term spread volatility leads to a persistent decline in U... Read More about The impact of term spread volatility on economic activity.

Attention allocation: An empirical analysis of the asymmetric market responses to information shocks in China (2025)
Journal Article
Gao, Y., Han, X., Li, Y., Vigne, S. A., & Xiong, X. (online). Attention allocation: An empirical analysis of the asymmetric market responses to information shocks in China. Financial Review, https://doi.org/10.1111/fire.12425

Attention allocation—investors allocate their attention disproportionately within a day—has implications on how the market responds to information. Using high-frequency jumps detected in China, we show that the market underreacts to overnight informa... Read More about Attention allocation: An empirical analysis of the asymmetric market responses to information shocks in China.

Structural Risk Modelling-Indian Mergers & Acquisitions (2025)
Presentation / Conference Contribution
Bhattarai, K., Prasuna, A., & Siva Kumar, S. N. V. (2025, January). Structural Risk Modelling-Indian Mergers & Acquisitions. Paper presented at 2025 ASSA Annual Meeting, San Francisco, California

Primary survey data of Indian M&A transactions were used to test the hypotheses on latent risk factors. A structural equation model (SEM) model was estimated to assess the composite risk factors considering financial, non-financial, and sustainabilit... Read More about Structural Risk Modelling-Indian Mergers & Acquisitions.