In this study we measure multiple dimensions of product market competition and examine their impacts on corporate governance disclosure, based on a sample of UK public firms over the period 2001 to 2009. We use factor analysis to explore the different dimensions of product market competition;...

This paper aims to investigate the information content of cash flows in the context of dividend smoothing. Unlike previous studies, we propose a novel partial adjustment model based on cash flows, and compare it to Lintners (1956) model. The results show that UK firms smooth their cash flows and...

Pension de-risking strategies have been widely adopted by firms with defined-benefit (DB) pension plans to reduce pension risk. This paper investigates the influence of board composition on pension de-risking strategies within the UK, focusing particularly on three strategies: changes to pension...

This paper expands the capital structure literature by investigating how ownership shareholdings and corporate governance influence the capital structure decisions within an emerging market context, namely the United Arab Emirates (UAE). Our sample includes firms listed in both Abu Dhabi and...