Purpose: This study examines the effect of dividend policy on the ex ante probability of stock price crash and the ex ante probability stock price jump. Design/methodology/approach: We use the data of publicly listed non-financial firms from France and the ex ante measures of crash and jump...

Purpose: This paper documents the impact of political uncertainty on the decision of private firms to use external auditors to verify their financial statements. Design/methodology/approach: The authors use the data from 141 countries and the pooled logistic regression to test our arguments....

Purpose: The paper answers the following questions: (1) Do firms located in rural areas experience greater problems in accessing financial services? (2) If this is the case, what can these firms do to improve their access to finance? Design/methodology/approach: This paper uses the pooled...

Purpose: This paper aims to document the relationship between advertising expenditures and analyst coverage in a sample of Indian firms during the period between 2000 and 2019. Design/methodology/approach: In order to test the...

Scalp electroencephalogram (EEG) is one of the most commonly used methods to acquire EEG data for brain-computer interfaces (BCIs). Worldwide a large number of people suffer from disabilities which impair normal communication. Communication BCIs are an excellent tool which helps the affected...

Purpose: This paper aims to document the information transmission capacity of Shariah-compliant firms. Design/methodology/approach: The vector auto-regression (VAR) model is used to test the information transmission capacity of Shariah-compliant firms in India during the period between 2010 and...

Purpose: The purpose of this paper is to provide empirical evidence on the informational role played by ownership concentration. Design/methodology/approach: The authors use bivariate vector autoregressive models to document the informational role of ownership concentration. Findings: The...

Purpose: This paper aims to document the impact of inadequately educated workforce on the extent of financing obstacles experienced by firms. Design/methodology/approach: The authors use the data provided by the World Bank's Enterprise Surveys to test our arguments. The data were collected...