In this paper we present a literature review and classification scheme for investment cash flow sensitivity under behavioural corporate finance. The former consists of all published articles between 2000 and 2011 in different journals that are appropriate outlets for BCF research. The articles...

Investment cash flow sensitivity constitutes one important block of the corporate financial literature. While it is well documented in standard corporate finance, it is still young under behavioral corporate finance. In this paper, we test the investment cash flow sensitivity among panel data of...

This study tries to extend previous works on behavioral corporate finance by examining the interaction between investment cash flow sensitivity and various CEO characteristics in either the existence or inexistence of managerial optimism. Using a Q-investment model and departing from a sample of...

Purpose The purpose of this study is to show the specificities of the corporate governance of Tunisian financial institutions and the impact of the internal mechanisms of corporate governance of these institutions on their social performance. It is therefore interesting to establish the existing...

La capacité de comprendre des situations interculturelles et de s’y adapter est appelée compétence interculturelle. Au cours des dernières années, ce concept de compétence interculturelle a acquis de plus en plus d’importance, essentiellement au niveau des contacts globaux entre les...

The objective of this article is to determine whether SMEs, characterized by a managerial mode, could show any entrepreneurial orientation. In our approach, we present first the conceptual framework of this study with reference to the various works that relate to the specificities of SMEs and...