This study fills an important gap in the literature by providing causal evidence of the impact of relaxing financial constraints on corporate social responsibility (CSR). To isolate this causal link, we examine the enactment of anti-recharacterization laws in some U.S. states, an exogenous shock...

Purpose: The purpose of this research is to investigate factors that contribute to technology firms paying higher compensation than non-technology firms, and why the mix of compensation at technology firms is different than the compensation packages at non-technology firms....

Purpose: This paper aims to analyze the effects of internal and external governance mechanisms on the performance and risk taking of banks from the Euro zone before and after the 2008 financial crisis. Design/methodology/approach: To avoid macroeconomic problems and shocks and because of data...

The purpose of this study is to examine the impact of the choice of cut-off points, sampling procedures, and business cycles on the forecasting accuracy of bankruptcy prediction models. A misclassification can result in an erroneous prediction resulting in prohibitive costs to firms, investors,...

Purpose Forecasting the future movement of yield curves contains valuable information for both academic and practical issues such as bonding pricing, portfolio management, and government policies. The purpose of this paper is to develop a dynamic factor approach that can provide more precise and...