This research investigates the responsiveness of climate and low-carbon (green) stock returns to oil prices and conventional energy stock returns, focusing on both contemporaneous and causal relationships, during an oil crisis. Two methodologies are used: vector auto-regressive (VAR) for testing...

Chinese firms can suspend trading of their stocks when they announce major events. We find that stock-swap acquirers tend to suspend stock trading after a significant stock price run-up. Suspending bidders show significantly high returns both in the short and long run following the announcement...

Prior research documents a positive relation between controlling shareholders’ share pledge and the probability of stock repurchase announcement. This study investigates whether and how stock mispricing and corporate governance affect this relation. By extending the framework of Chan, Chen,...

This paper contains a brief discussion of shareholders' equity in the company. Equity is the owner's right to the company's assets after all obligations are paid. The equity of a company can be calculated by subtracting the company's liabilities from the company's total assets. In other words,...

The question of whether corporate debt can impact free-floating shares and stock liquidity is still a controversial research topic until recently. Using a sample of the 411 largest US non-financial firms over the period 2007-2017, our analysis shows that more corporate debt weakens the influence...