Purpose: We investigate the relationship between chief executive officer (CEO) compensation and a firm's financial performance in the insurance industry to determine CEO pay policies that are more effective in promoting specific financial corporate goals. Design/methodology/approach:...

Purpose – The purpose of this paper is to examine the short‐term reactions of stock prices to the announcement of earnings restatement by the public companies listed in the Toronto stock exchange in Canada. Design/methodology/approach – The paper conducts an empirical study. For the...

In this article, an option theoretic model is applied to develop a Deposit Insurance Scheme under asymmetric information environment. By introducing double liability as an option into the deposit insurance scheme, our model solves the Deposit Insurer's adverse selection problem. With...

This study seeks evidence on whether the return series on Bangladesh's Dhaka Stock Exchange (DSE) is independent and follows the random walk model. The study focuses on assessing if the DSE deviates from idealised efficiency. The sample primarily includes all the listed companies on the DSE...

Purpose – The purpose of this paper is to examine the short-term reactions of stock prices to the announcement of earnings restatement by the public companies listed in the Toronto stock exchange in Canada. Design/methodology/approach – The paper conducts an empirical study. For the purpose...