By considering different systems of legal protection this study examines the impact of capital structure on the performance of listed firms in European region. Based on 5050 listed firms in eight European countries, the results of the study reveal that the owners in low level of legal protection...

In this paper I study the heterogeneous effects of a monetary policy shock on industries through Publicly Traded Firms in Peru. For this purpose I elaborate five types of measures of a monetary policy shock, four of these measures try to correct two possible risks as the endogeneity that a...

We compare the ownership characteristics of tobacco stocks with their peers in the same country and industry group. We find lower reported ownership for stocks in the tobacco industry, which suggests that anonymous investors are larger owners of these sin stocks. Compared to peer stocks, U.S....

Objective - This study aims to examine the relationship between ownership structure (determined by institutional and foreign ownership) and earnings management in the context of Bangladeshi Pharmaceuticals and Chemical firms.Methodology – Out of 32 listed firms, this study examined 29 firms...

This paper provides causal evidence of local innovation spillovers, i.e. innovation by one firm fostering innovation by neighboring firms. First, I document that exogenous shocks to innovation by listed firms affect innovation by private firms in the same geographical area. I also find that such...

The increased burden of disclosure and governance regulations is often cited as a key reason for the significant decline in the number of publicly-listed companies in the U.S. We explore the connection between regulatory costs and the number of listed firms by exploiting a regulatory quirk: many...

This topic has been chosen to investigate the effect of the corporate life cycle on the firm's performance. There are ten IT companies listed on the Dhaka Stock Exchange (DSE). This study investigates several financial years’ performance of 10 IT Companies listed in DSE. We find that how the...

This study investigates 12 DSE listed miscellaneous companies' performance based on Dickinson's cash flow and life-cycle measure theory. This correlational research is conducted using the magnitude of cash flows and other variables. Finally, the interpreted regression analysis shows the...

Understanding of the entire picture of the share ownership structure of listed companies in each country in general will provide an important perspective for analyzing the present takeover rules in that country, and also for considering appropriate regimes for takeover rules for the future. This...

The choice of legal form affects many aspects of the company's operation and is one of the key decisions that an entrepreneur must make. In this article, we conduct a comparative analysis of six legal forms of companies in terms of efficiency, indebtedness, growth and risk. Based on 72,596...