This paper examines the association between firm-level political sentiment and corporate
social responsibility (CSR). Drawing inferences from signaling and resource-based theory …

Given the recent growing global uncertainties, firms have encountered increasing political
risks and responded accordingly to avoid a negative impact on their performance. This study …

We adopt text-based tools to construct a new measurement of the firm-level political risk
(FPR) faced by individual Chinese listed firms: the share of management discussion and …

Purpose While the determinants of voluntary political spending disclosure have been
extensively studied in the literature, there remains a lack of clear evidence regarding the …

Research Questions: Do Shariah-compliant firms have a different dividend policy from non-
Shariah-compliant firms? Does this policy reflect similarity at different quantile levels of …

This research examines the dividend payout and macroeconomy of ASEAN countries.
Macroeconomic conditions significantly influence dividend payout policies, as they reflect …

This study diverges from mixed findings in the literature on political uncertainty and earnings
management by reporting a significant positive association between the firm-level political …

Why do some firms in authoritarian regimes respond actively to government policy initiatives
while others resist? This article highlights firm-level political risk as the primary motivator of …

We examine the impact of firm-level political risk on the cash flow sensitivity of cash. Using a
large sample of US firms from 2003 to 2018, we find that the cash flow sensitivity of cash …