Search Results - subject:"Firm value"

Can politics tame the market? : market responses to government control of fully and partially privatized firms in China

Mavrovitis, Christos; Pal, Sarmistha - 2025

This study examines factors influencing full (FP) versus partial (PP) privatization and how markets respond to government control in PP and FP firms. Exploiting China's 2005 NTS reform as a natural experiment, we find that treated PP firms experienced significantly lower post-reform performance,...

Persistent link: https://www.econbiz.de/10015420882

Adaptation or persistence? : capital structure choices of Italian firms over time

La Rocca, Maurizio; Fasano, Francesco; Monteforte, Daniele - In: Corporate governance and research & development studies … (2025) 1, pp. 33-48

Understanding how firms finance their activities is crucial for fostering economic growth. The financial life cycle is a critical framework for understanding how firms' financing needs and strategies evolve over time. This paper examines the capital structure choices of Italian SMEs focusing on...

Persistent link: https://www.econbiz.de/10015438570

Tax complexity and firm value

Braun, Anna-Sophie; Koch, Reinald; Sureth, Caren - 2025

This study examines the effect of tax complexity on the market value of publicly traded firms. Using firm-level measures of tax complexity, we find that a one standard deviation increase in tax complexity-comparable in magnitude to the rise following the U.S. Tax Cuts and Jobs Act-is associated...

Persistent link: https://www.econbiz.de/10015438941

Mandatory versus voluntary non-financial reporting : reporting practices and economic consequences

Breijer, R.; Erkens, M. H. R.; Orij, R. P.; Vergoossen, … - In: Accounting forum 49 (2025) 2, pp. 303-335

Persistent link: https://www.econbiz.de/10015442385

Carbon disclosure, greenhouse gas emissions and market value of FTSE 350 firms : evidence from voluntary carbon disclosers versus non-disclosers

Matthews, Lane; Gerged, Ali Meftah; Elheddad, Mohamed - In: Accounting forum 49 (2025) 4, pp. 778-802

Persistent link: https://www.econbiz.de/10015442445

Does it pay for family firms to go green? : the moderating role of familiness

Gangi, Francesco; Varrone, Nicola; Daniele, Lucia Michela; … - In: Corporate social responsibility and environmental management 32 (2025) 4, pp. 5490-5520

Persistent link: https://www.econbiz.de/10015455898

Financial performance and corporate governance on firm value : evidence from Spain

Rodríguez Valencia, Leslie - In: International Journal of Financial Studies : open … 13 (2025) 3, pp. 1-24

controlling shareholders was found to have a significant positive impact on firm value, reinforcing the importance of ownership …

Persistent link: https://www.econbiz.de/10015457443

Debt capital and dividend policy as complementary indicators of firm valuation

Njoku, Okechukwu Enyeribe; Lee, Young Hwan - In: International Journal of Financial Studies : open … 13 (2025) 1, pp. 1-26

influencing firm value among corporations listed on the Korea Composite Stock Price Index (KOSPI). Using Tobin's Q as a firm value … policies independently reduce firm value, their interaction produces a synergistic effect that increases value. The findings … further indicate the dual role of Chaebol ownership structures, which, despite their association with lower firm value …

Persistent link: https://www.econbiz.de/10015338351

Coming full circle on cash holdings and firm value : a comment on Kim and Bettis (2014), Theissen et al. (2023), and Souder et al. (2024)

Jung, Christopher; Graf-Vlachy, Lorenz - In: Journal of management scientific reports : JOMSR 3 (2025) 1, pp. 3-10

Persistent link: https://www.econbiz.de/10015195719

From policy mandates to market signals : causal and dynamic effects of carbon information disclosure on firm value

Liu, Runyu; Rahman, Mara Ridhuan Che Abdul; Ainul Huda Jamil - In: International Journal of Financial Studies : open … 13 (2025) 2, pp. 1-33

This study examines the causal and dynamic effects of carbon information disclosure on firm value, using a policy … effect on firm value, particularly when sustained over multiple years. Moreover, the valuation effect is moderated by …

Persistent link: https://www.econbiz.de/10015435431