We examine whether media news reflect the extent to which issuing firms manage their
earnings prior to their equity carve-outs (ECOs). We posit that managers will strategically …

This article examines whether and how stronger board monitoring in a parent company
influences the stock price crash risk of affiliated subsidiary firms. Using a quasi-natural …

Although corporate boards play an important role in innovation from a static perspective,
little attention has been paid to the impact of board reforms in parent firms on subsidiaries' …

This article uses a survey of Australian corporate treasurers to shed light on the gap
between the theory and practice of corporate finance in Australia. Seven areas are …

Literature streams disagree about the capacity of investment–cash flow sensitivity (ICFS) to
measure both investment thirst and financial constraint. We argue that ICFS measures the …

The prime objective of the study is to investigate the impact of firm risk on gender diversity in
foreign operations. We argued that a strong risk spread occurs from headquarters to foreign …

We synthesise the empirical literature on the determinants and consequences of financial
constraints in the disciplines of accounting and finance, critique the findings, and offer …

Financial leverage is double-edged and has enormous influence on the performance of a
company. China is a country where business group affiliation plays a significant role in …

内容提要: 随着子公司承担经营业务与融资的比重逐步提升, 上市公司业务与融资在母子公司间
的结构性分布特征越来越明显, 本文分析并检验了业务与债务融资在母子公司间的结构性分布对 …

Part one of this thesis investigates the effect of social capital on accounting comparability.
The findings reveal that firms headquartered in high social capital counties prepare financial …