In our paper, we develop a new method for measuring underwriter reputation. Our measure is based on the number of IPO shares requested by each underwriter in the total shares requested upon the subscription period, the underwriter's capital, the issue size of the IPO firms introduced by the...

The aim of this paper is to explore the determinants of firm investment decision under the manager’s psychological characteristic. Previous research investigating the relationship between overconfidence and financial decisions has studied investment, financing decisions and firm values....

The present study is focused on investigating the relationship between intentional governance mechanisms (Directors' boards, Ownership structure and audit quality) and financial communication transparency. For this purpose, a model is used and applied to Tunisian firms' sample observed over the...