All Outputs (475)

Determinants of corporate cash holdings: An empirical study of Chinese listed firms (2018)
Journal Article
Ahmed, R., Qi, W., Ullah, S., & Kimani, D. (2018). Determinants of corporate cash holdings: An empirical study of Chinese listed firms. Corporate Ownership and Control, 15(3), 57-65. https://doi.org/10.22495/cocv15i3art5

This study explores the determinants of corporate cash holdings in the Chinese context. As one of the largest developing countries in the world, China offers an interesting opportunity to explore the role of corporate governance, and ownership struct... Read More about Determinants of corporate cash holdings: An empirical study of Chinese listed firms.

International evidence on the determinants of organizational ethical vulnerability (2018)
Journal Article
Ullah, S., Ahmad, S., Akbar, S., & Kodwani, D. (2019). International evidence on the determinants of organizational ethical vulnerability. British Journal of Management, 30(3), 668-691. https://doi.org/10.1111/1467-8551.12289

This paper proposes a model to explain what makes organisations ethically vulnerable. Drawing upon legitimacy, institutional, agency and individual moral reasoning theories we consider three sets of explanatory factors and examine their association w... Read More about International evidence on the determinants of organizational ethical vulnerability.

Credibility of sustainability reports: The contribution of audit committees (2018)
Journal Article
Al-Shaer, H., & Zaman, M. (2018). Credibility of sustainability reports: The contribution of audit committees. Business strategy and the environment : BSE, 27(7), 973-986. https://doi.org/10.1002/bse.2046

Concerns about the credibility of sustainability reports can be mitigated through assurance. Although audit committee remit encompasses monitoring of sustainability issues, there are potential complementary and substitution issues between governance... Read More about Credibility of sustainability reports: The contribution of audit committees.

International evidence on the determinants of organisational ethical vulnerability (2018)
Journal Article
Ullah, S., Ahmad, S., Akbar, S., & Kodwani, D. (2019). International evidence on the determinants of organisational ethical vulnerability. British Journal of Management, 30(3), 668-691. https://doi.org/10.1111/1467-8551.12289

This paper proposes a model to explain what makes organisations ethically vulnerable. Drawing upon legitimacy, institutional, agency and individual moral reasoning theories we consider three sets of explanatory factors and examine their association w... Read More about International evidence on the determinants of organisational ethical vulnerability.

Corporate governance, critical junctures and ethnic politics: Ownership and boards in Malaysia (2018)
Journal Article
Mohamad-Yusof, N. Z., Wickramasinghe, D., & Zaman, M. (2018). Corporate governance, critical junctures and ethnic politics: Ownership and boards in Malaysia. Critical Perspectives On Accounting, 55, 33-52. https://doi.org/10.1016/j.cpa.2017.12.006

Quotas and affirmative policies are often implicated in debates on corporate governance. This paper examines critical junctures and the role of willful actors in mobilizing their ethnic and political positions to affect governance reforms in Malaysia... Read More about Corporate governance, critical junctures and ethnic politics: Ownership and boards in Malaysia.

An analysis of liquidity skewness for European sovereign bond markets (2018)
Journal Article
Yan, W., Hamill, P., Li, Y., Vigne, S. A., & Waterworth, J. (2018). An analysis of liquidity skewness for European sovereign bond markets. Finance research letters, 26, 274-280. https://doi.org/10.1016/j.frl.2018.02.027

We examine liquidity skewness by providing an analysis of bid-ask spreads for a comprehensive high-frequency dataset comprising Eurozone countries’ sovereign bonds. European sovereign bond markets exhibited increasing positive skewness over the sampl... Read More about An analysis of liquidity skewness for European sovereign bond markets.

Financial and corporate social performance in the UK listed firms: the relevance of non-linearity and lag effects (2018)
Journal Article
Adegbite, E., Guney, Y., Kwabi, F., & Tahir, S. (2019). Financial and corporate social performance in the UK listed firms: the relevance of non-linearity and lag effects. Review of Quantitative Finance and Accounting, 52(1), 105-158. https://doi.org/10.1007/s11156-018-0705-x

Using environmental, social and governance scores compiled by Reuters Datas-tream for each company's corporate social performance (CSP), we examine the relationship between CSP and corporate financial performance (CFP) of 314 UK listed companies over... Read More about Financial and corporate social performance in the UK listed firms: the relevance of non-linearity and lag effects.

Asset allocation with time series momentum and reversal (2018)
Journal Article
He, X., Li, K., & Li, Y. (2018). Asset allocation with time series momentum and reversal. Journal of Economic Dynamics and Control, 91, 441-457. https://doi.org/10.1016/j.jedc.2018.02.004

To capture the well documented time series momentum and reversal in asset price, we develop a continuous-time asset price model, derive the optimal investment strategy theoretically, and test the strategy empirically. We show that, by combining marke... Read More about Asset allocation with time series momentum and reversal.

Dealing with endogeneity bias: The generalized method of moments (GMM) for panel data (2018)
Journal Article
Ullah, S., Akhtar, P., & Zaefarian, G. (2018). Dealing with endogeneity bias: The generalized method of moments (GMM) for panel data. Industrial marketing management, 71, 69-78. https://doi.org/10.1016/j.indmarman.2017.11.010

Endogeneity bias can lead to inconsistent estimates and incorrect inferences, which may provide misleading conclusions and inappropriate theoretical interpretations. Sometimes such bias can even lead to coefficients having the wrong sign. Although th... Read More about Dealing with endogeneity bias: The generalized method of moments (GMM) for panel data.

Financial stress relationships among Euro area countries: an R-vine copula approach (2018)
Journal Article
Zhang, D., Yan, M., & Tsopanakis, A. (2018). Financial stress relationships among Euro area countries: an R-vine copula approach. The European journal of finance, 24(17), 1587-1608. https://doi.org/10.1080/1351847X.2017.1419273

One of the biggest challenges of keeping Euro area financial stability is the negative co-movement between the vulnerability of public finance, the financial sector, security markets stresses as well as economic growth, especially in peripheral econo... Read More about Financial stress relationships among Euro area countries: an R-vine copula approach.

Risk adjusted momentum strategies: A comparison between constant and dynamic volatility scaling approaches (2018)
Journal Article
Fan, M., Li, Y., & Liu, J. (2018). Risk adjusted momentum strategies: A comparison between constant and dynamic volatility scaling approaches. Research in international business and finance, 46, 131-140. https://doi.org/10.1016/j.ribaf.2017.12.004

We compare the performance of two volatility scaling methods in momentum strategies: (i) the constant volatility scaling approach of Barroso and Santa-Clara (2015), and (ii) the dynamic volatility scaling method of Daniel and Moskowitz (2016). We per... Read More about Risk adjusted momentum strategies: A comparison between constant and dynamic volatility scaling approaches.

U.S. stocks in the presence of oil price risk: Large cap vs. small cap (2017)
Journal Article
Swaray, R., Salisu, A. A., & Oloko, T. (2017). U.S. stocks in the presence of oil price risk: Large cap vs. small cap. Economics and business letters, 6(4), 116-124. https://doi.org/10.17811/ebl.6.4.2017.116-124

This study queries the act of making generalization about the dynamics of returns and volatility spillovers between oil price and U.S. stocks by merely considering only large cap stocks. It argues that this kind of generalization may be misleading, a... Read More about U.S. stocks in the presence of oil price risk: Large cap vs. small cap.

Decision making for personal investment: Real estate financing, foreclosures and other issues (2017)
Book
Rodgers, W., & McFarlin, T. G. (2017). Decision making for personal investment: Real estate financing, foreclosures and other issues. Palgrave Macmillan. https://doi.org/10.1007/978-3-319-47849-4

This book presents a personal financial decision making model based on six dominant decision making pathways. It outlines each pathway in detail before focusing on real estate investments in the second part of the book. Based on the authors extensive... Read More about Decision making for personal investment: Real estate financing, foreclosures and other issues.

Liquidity skewness in the London Stock Exchange (2017)
Journal Article
Hsieh, T. H., Li, Y., McKillop, D. G., & Wu, Y. (2018). Liquidity skewness in the London Stock Exchange. International review of financial analysis, 56, 12-18. https://doi.org/10.1016/j.irfa.2017.12.006

We study liquidity on the London Stock Exchange. We find that the average bid-ask spread declines, but that the skewness of the spread increases. These results are robust to firm size, trading volume and price level. Our findings hold when the bid-as... Read More about Liquidity skewness in the London Stock Exchange.

Founders and board structure: evidence from UK IPO firms (2017)
Journal Article
Wu, C. Y., & Hsu, H. H. (2018). Founders and board structure: evidence from UK IPO firms. International review of financial analysis, 56, 19-31. https://doi.org/10.1016/j.irfa.2017.12.002

This study investigates whether a company's founders affect the combination of executive, grey and independent directors on its board at the time of initial public offering (IPO) in the UK. Particularly, we analyse how venture capitalists are associa... Read More about Founders and board structure: evidence from UK IPO firms.

Estimating Equilibrium Real Exchange Rate And Misalignment In An Oil Exporting Country: Libya's Experience (2017)
Journal Article
Ben-Naser, A., Bhattarai, K., & Elheddad, M. M. (2018). Estimating Equilibrium Real Exchange Rate And Misalignment In An Oil Exporting Country: Libya's Experience. The journal of developing areas, 52(4), 249-267. https://doi.org/10.1353/jda.2018.0063

Exchange rate misalignments has attract a significant attention especially in developing economies; Libyan economy has witnessed a major economic and political changes. Libyan exchange rate has been changed specifically after 2000, and political ins... Read More about Estimating Equilibrium Real Exchange Rate And Misalignment In An Oil Exporting Country: Libya's Experience.

CEO compensation and sustainability reporting assurance: Evidence from the UK (2017)
Journal Article
Al-Shaer, H., & Zaman, M. (2017). CEO compensation and sustainability reporting assurance: Evidence from the UK. Journal of Business Ethics, 158(1), 233–252. https://doi.org/10.1007/s10551-017-3735-8

© 2017 The Author(s) Companies are expected to monitor sustainable behaviour to help improve performance, enhance reputation and increase chances of survival. This paper examines the relationship between sustainability committees and independent exte... Read More about CEO compensation and sustainability reporting assurance: Evidence from the UK.

Forecasting the return volatility of energy prices: A GARCH-MIDAS approach (2017)
Book Chapter
Salisu, A. A., & Swaray, R. (in press). Forecasting the return volatility of energy prices: A GARCH-MIDAS approach. In S. Goutte, & D. K. Nguyen (Eds.), Handbook of energy finance: Theories, practices and simulations. World Scientific Publishing. https://doi.org/10.1142/11213

This chapter offers an extension to the literature on energy prices by forecasting the return volatility of these prices using the GARCH-MIDAS approach. In addition to the realized volatility, it also evaluates the predictability of relevant macroeco... Read More about Forecasting the return volatility of energy prices: A GARCH-MIDAS approach.

Impacts of Trump tax reforms on growth, inequality and debt (2017)
Journal Article
Bhattarai, K., Haughton, J. H., & Tuerck, D. (2017). Impacts of Trump tax reforms on growth, inequality and debt. 00 Journal not listed, 20-21

Reforming the tax system of the US has become a major policy agenda of the Trump administration. After months of negotiations the “Big Six”, including the Treasury Secretary, National Economic Director, Republicans in the House and the Senate are gra... Read More about Impacts of Trump tax reforms on growth, inequality and debt.

Firm performance, corporate governance and executive compensation in Pakistan (2017)
Journal Article
Sheikh, M. F., Shah, S. Z. A., & Akbar, S. (2018). Firm performance, corporate governance and executive compensation in Pakistan. Applied economics, 50(18), 2012-2027. https://doi.org/10.1080/00036846.2017.1386277

© 2017 Informa UK Limited, trading as Taylor & Francis Group This study examines the effects of firm performance and corporate governance on chief executive officer (CEO) compensation in an emerging market, Pakistan. Using a more robust Generalized... Read More about Firm performance, corporate governance and executive compensation in Pakistan.