This study examines the relationship between ownership structure and stock price informativeness in a transitional economy characterized by an underdeveloped corporate governance system. Using a sample of 322 publicly listed companies in Vietnam covering a 10-year period from 2009 to 2018, we...

We investigate the idea that firms' choices of M&A evaluation methods are influenced by two socio-political factors that arise in the behavioral theory of the firm-uncertainty and controversy. In doing so, we investigate boundary conditions between arguments that expect firms to use financial...

We use an OLG model to study the effects of the generous public sector pension system in Brazil. In our model there are two types of workers, one working in the private sector, the other working in the public sector. Public workers produce infrastructure or education services. We find that...