This study aims to examine the effect of CSR disclosure on company performance among Indonesian companies listed on the Kompas 100 Index during 2018-2020. The company's performance uses four different measures: sales, net profit margin (NPM), return on assets (ROA), and Tobin's Q. This study...

This article analyses how the features of companies’ corporate governance influence the implementation of sustainability actions that work towards achieving the Sustainable Development Goals (SDGs) proposed by the United Nations in 2015. For this purpose, a panel of Spanish companies listed on...

With the development of the economy, risk management theory is constantly improving. Enterprise risk management (ERM) has been effective in internal auditing, financial management, and budget control. This paper empirically tests how the implementation of ERM by Chinese firms affects firms'...

The objective of this paper is to evaluate the impact that the application of Spanish legislation for competition exerts on financial markets. To this end and taking as a starting point the opening of a sanctioning procedure by the National Competition Market Commission (CNMC), the response of...

The article examines a peculiar legal dilemma—implicating securities law, legal ethics, and evidence law—that arises when litigation finance companies (LFCs) become public companies. LFCs provide funding to litigants and law firms for prosecuting lawsuits in exchange for a share of the...

The study examined the unclaimed dividend and market value of listed firms in Nigerian stock exchange using data covering the period 2010 to 2019. Thus, the data gathered were analyzed using the Augmented Dickey-Fuller of unit root test for the stationarity of the data and autoregressive...

In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and that the effect is heterogeneous across firms of...

This study investigates the relationship between gender diversity on the board and dividend payouts in China using a large sample over the period 2003–2017. Our results provide robust and strong evidence showing that gender diversity on the board is positively associated with cash payments of...

The paper attempts to investigate the optimal capital structure of Vietnamese listed firms based on a structural approach. Using the data from around 70 companies in the Consumer Staples sector listed on the Vietnamese Stock Exchange during the period 2018–2020, this study finds that the...

This paper focuses on those structural models with an endogenous default barrier where firms optimally choose a default boundary so as to maximize the equity value. The analysis commences to cover avowedly theoretical frameworks from pioneering works by Black-Scholes (1973) and Merton (1974) on...