Managerial Finance: Volume 43 Issue 2

Modeling product market competition and reporting quality: the transitional economy of China

Amjad Iqbal, Zia-ur-Rehman Rao, Muhammad Zubair Tauni, Khalil Jebran

The purpose of this paper is to examine the role of product market competition in shaping a firm’s reporting quality (RQ).

Exploring a market curiosity: an examination of the Super Bowl Indicator

Thomas H. Thompson, Kabir C. Sen

The purpose of this paper is to provide a comprehensive initial evaluation of the Super Bowl Indicator (SBI) from 1966 to 2015.

Cash flow volatility and investor sentiment

Subramanian Rama Iyer, Joel T. Harper

The purpose of this paper is to test whether investors take flight to safety when sentiment is low. In other words, do safe firms perform better than risky firms following periods…

Beyond earnings: do EBITDA reporting and governance matter for market participants?

Denis Cormier, Samira Demaria, Michel Magnan

The purpose of this paper is to investigate whether formally disclosing an earnings before interests, taxes, depreciation, and amortization (EBITDA) number reduces the information…

A theoretical approach to financial distress prediction modeling

Ibrahim Onur Oz, Tezer Yelkenci

The purpose of this paper is to examine a theoretical base for the financial distress prediction modeling over eight countries for a sample of 2,500 publicly listed non-financial…

Portfolio selection with transaction costs and default risk

Giovanni Walter Puopolo

The purpose of this paper is to investigate the effect of default risk and transaction costs on the investor’s asset allocation and the liquidity premium. More precisely, it aims…

International diversification for portfolios of European fixed-income mutual funds: The case of core EMU countries

Paolo Zagaglia

The purpose of this paper is to study the scope for country diversification in international portfolios of mutual funds for the “core” EMU countries. The author uses a sample of…

Determinants of disclosures of alternative pay measures and their role in Say on Pay approval

Brandy Hadley

The purpose of this paper is to examine the determinants of the increase in firms’ reporting of alternative pay measures in Pay for Performance disclosures and their role in…