Purpose: The authors investigate how executive pay and its gap with employee pay influence the performance of Thailand tourism listed companies. Design/methodology/approach: The authors manually collect data on the executives'...

This study investigates whether and how financial constraints on firms affect the risk of their stock prices crashing. We find strong evidence that financial constraints increase future stock price crash risk. This finding is robust to using a dynamic panel generalized method of moments (GMM)...

We investigate whether voluntary disclosures of product and business expansion plans affect analyst coverage and forecasts. We find that the level of analyst coverage is positively associated with the incidence of disclosures of product and business expansion plans. We also find that product and...

Purpose- We investigate how executive pay and its gap with employee pay influence the performance of Thailand tourism listed companies.Design/methodology/approach- We manually collect data on the executives’ and employees’ remunerations for Thailand tourism listed companies and use the data...