Managerial Finance: Volume 43 Issue 3

An investigation of the impact of financial literacy, risk attitude, and saving motives on the attenuation of mutual fund investors’ disposition bias

Sara Jonsson, Inga-Lill Söderberg, Mats Wilhelmsson

The purpose of this paper is to investigate the impact of financial literacy, risk attitude, and saving motives on the attenuation of mutual fund investors’ disposition bias…

CSR, agency costs and investment-cash flow sensitivity: a mediated moderation analysis

Marwa Samet, Anis Jarboui

The purpose of this paper is to document the relation between investment-cash flow sensitivity and a firm’s engagement in corporate social responsibility (CSR) activities in…

Corporate hedging, firm focus and firm size: the case of REITs

Peihwang Wei, Li Xu, Bei Zeng

The purpose of this paper is to investigate the substitutability of corporate hedging and diversification in the real estate investment trusts (REITs) industry. The authors…

Working capital management practices in India: survey evidence

H. Kent Baker, Satish Kumar, Sisira Colombage, Harsh Partap Singh

The purpose of this paper is to investigate the working capital management (WCM) practices adopted by Indian firms listed on the National Stock Exchange (NSE).

Cash flow volatility-return relation and financial constraints: international evidence

Darshana D. Palkar

The purpose of this paper is to examine whether cash flow volatility (CFV) has a negative impact on future stock returns, and whether the CFV-return relation is different among…

Performance evaluation of equity unit trusts in South Africa

Bonolo Maggie Thobejane, Beatrice D. Simo-Kengne, John W. Muteba Mwamba

The purpose of this paper is to evaluate the performance of 191 equity unit trusts in an emerging market, South Africa over the period from February 2006 to January 2016, which…