This study examines relationship between measures of working capital management and corporate profitability. Working capital management is an important element of financial management for many firms as they make significant investment in working capital components. Applying fixed effect...

This study examines managerial compensation incentives and its impact on firm's financial decisions. Specifically, we examine how CEO's inside-debt based compensation incentives (pension benefits and other deffered compensation) influences firm's debt maturity structure. We examine this...

This study examines managerial compensation incentives and its impact on firm's financial decisions. Specifically, we examine how CEO's inside-debt based compensation incentives (pension benefits and other deferred compensation) influences firm's debt maturity structure. We examine this...

This study examines managerial compensation incentives and its impact on firm's financial decisions. Specifically, we examine how CEO's inside-debt based compensation incentives (pension benefits and other deffered compensation) influences firm's debt maturity structure. We examine this...

A general information equilibrium model in the case of ideal information transfer is defined and then used to derive the relationship between supply (information destination) and demand (information source) with the price as the detector of information exchange between demand and supply. We...

In an experiment using MBA students as proxies for individual investors, I examine the effects of two important regulatory changes on investors' perceptions of audit quality. The first change examined is from a bottom-up coverage-based approach for auditing internal controls to a more top-down...