Under semi-strong market efficiency future returns are unpredictable from previously released information. We test the degree of semi-strong form market efficiency in the credit default swap (CDS) market by examining the relationship between subsequent CDS returns and previously announced...

We examine the effect of employment contract horizon on managers' discretion in financial reporting. During the contract horizon, the board learns about a new CEO's ability from realized firm performance and uses this information to determine whether to renew or terminate the CEO's contract....

Extant studies have shown that socially responsible human resource management (SRHRM) brings beneficial effects on employees’ work outcomes. However, little attention has been given to the effect of SRHRM on employee resilience from a balanced perspective. This study draws on conversation of...