This book comprises 19 papers published in the Special Issue entitled "Corporate Finance", focused on capital structure (Kedzior et al., 2020; Ntoung et al., 2020; Vintilæa etal., 2019), dividend policy (Dragotæa and Delcea, 2019; Pinto and Rastogi, 2019) and open-market share repurchase announcements...

This book comprises 19 papers published in the Special Issue entitled "Corporate Finance", focused on capital structure (Kedzior et al., 2020; Ntoung et al., 2020; Vintilă etal., 2019), dividend policy (Dragotă and Delcea, 2019; Pinto and Rastogi, 2019) and open-market share repurchase announcements (Ding...

CEO entrenchment distorts firms’ liquidity policy because entrenched CEOs and shareholders have conflicting preferences for liquidity. We investigate the association between firms’ liquidity level/mix and entrenchment within a system model accounting for endogeneity. Several results are...

We provide new empirical evidence on non- linear liquidity management in Dutch firms. Our results reveal that liquidity adjustment from below the target is significantly faster than from above. We find no evidence for bands of inaction around the target.

We provide new empirical evidence on non-linear liquidity management in Dutch firms. Our results reveal that liquidity adjustment from below the target is significantly faster than from above. We find no evidence for bands of inaction around the target.