In this study we examine empirically the value relevance of earnings and cash flows in three major capital markets, two Anglo–Saxon, the UK and the USA and one code law country, France. Our dataset consists of more than 41,000 USA, UK and French firm–year observations over a nine...

Conference calls have become increasingly common in recent years, yet there is little empirical evidence regarding the effect of conference calls on executive compensation. In this study, we examine the effect of voluntary disclosures on equity incentives. We hypothesize that voluntary...

The aim of this study is to explain the performance consequences of the adoption of a Chief Operating Officer (COO) position by drawing from agency theory. Although, prior research has documented a performance penalty associated with the use of this position, we currently have an incomplete...