Managerial Finance: Volume 42 Issue 11

Does good corporate governance constrain cash flow manipulation? Evidence from India

Neerav Nagar, Mehul Raithatha

The purpose of this paper is to examine whether firm-level corporate governance measures and regulatory reforms constrain manipulation of operating cash flows, an important firm…

The impact of uncertainty on payout policy

Brian Walkup

The purpose of this paper is to investigate the impact of market-level uncertainty on dividend and repurchase decisions.

Dividend policy following mergers and acquisitions: US evidence

Sébastien Dereeper, Aymen Turki

The purpose of this paper is to address whether the past dividend policy of target firm impacts dividend policies following US mergers and acquisitions (M&A).

Flash of green: are environmentally driven stock returns sustainable?

Melissa Levi, David Newton

The purpose of this paper is to explore the source of apparent abnormal returns accrued by “green” company stocks. Though one cannot completely rule out that market-to-book and…

Returns to buying upward revision and selling downward revision stocks: Evidence from Canada

Tony Chieh-Tse Hou, Phillip McKnight, Charlie Weir

The purpose of this paper is to investigate the role of earnings forecast revisions by equity analysts in predicting Canadian stock returns

Diversification and market risk exposure of single-listed versus dual-listed ADRs

Javier Rodriguez, Herminio Romero

The purpose of this paper is to contrast market risk exposure and diversification of single-listed American depository receipts (“ADRs”) with those of dual-listed ADRs from the…