This paper examines the stock price reaction to the announcement of convertible bonds (CBs) issuance during the period 1996 through 2002 in Japan. We discover a significantly negative stock price reaction to the announcement of CBs. This result conforms to the negative stock reaction in the U.S....

This paper deals with a spherically symmetric three-dimensional inverse heat conduction problem of determining the internal surface temperature distribution of a hollow sphere from the measured data at a fixed location inside it. This is an ill-posed problem, i.e., the solution (if it exists)...

Based on field survey data of Village Z in Henan Province and from the perspective of the end of villages, we studied the influence of migrant workers returning to hometown on the changes of village social structure from village social interaction and village right reconstruction. Survey results...

Purpose – The purpose of this paper is to further extend research (Fan et al., 2012a) examining the attitudes of Chinese certified public accountants with respect to independence aspects of their professional codes of conduct and their influence on ethical judgement. These attitudes are...

In this paper the conceptual frameworks, which make different predictions about the effect of boardleadership structure on firm risk-taking behaviour, are examined. From a sample of 243 Australian listed firms, it is found that leadership structure does not have any significant influence on firm...

Current recommendations in Australia and some other economies identify independentdirectors as a key component of effective corporate governance. The research on theempirical link between board characteristics and firm performance, matching the trendtowards greater board independence, is...

Purpose The purpose of this paper is to investigate the relationship between board composition and firm performance variance in the context of recent corporate governance reforms, based on the agency and organisational literatures.Design/methodology/approach This paper uses 384 of the top 500...