Managerial Finance: Volume 48 Issue 4

Working capital management, board structure and Tobin's q ratio of Thai listed firms

Nongnit Chancharat, Chamaiporn Kumpamool

This study investigates whether the integration between working capital management (WCM) and the structure of a firm's board of directors impacts its Tobin's q ratio. The sample…

What’s hidden behind bulk deals? A study on Indian stock market

Vivek Rajvanshi, Samit Paul

Emerging market, like India, is characterised by poor institutional structure, weaker regulations and higher information asymmetry which may lead to stock price manipulation…

Implementing a student-managed cryptoasset fund in a finance curriculum

Tim Carpenter

In 2004, Roanoke College began offering a Student-Managed Fund course, wherein students were able to manage a portfolio of equity and fixed income using real money. While not a…

Asymmetric connectedness among S&P 500, crude oil, gold and Bitcoin

Ngo Thai Hung

This paper investigates the dynamic intercorrelation among cryptocurrency (Bitcoin) and conventional financial assets (gold, oil and S&P 500).

Does robo-advisory increase retirement worry? A causal explanation

Malvika Chhatwani

Artificial intelligence and robo-advisory have become prevalent in the finance industry, and many people rely on robots instead of humans for financial advice. This study aims to…

Does it pay to pay attention to attention? Evidence from an emerging market

Kirti Saxena, Madhumita Chakraborty

This study aims to explore the asset pricing implications of attention allocation theories in the Indian stock market.

The spillover effects of financial misconduct on the value of cash of peer firms

Darshana D. Palkar

Prior research has documented a guilt by association phenomenon whereby instances of corporate misconduct generate a negative spillover to innocent firms due to their shared…

Can a 280-character message explain stock returns? Evidence from South Africa

Kingstone Nyakurukwa, Yudhvir Seetharam

The authors examine the contemporaneous and causal association between tweet features (bullishness, message volume and investor agreement) and market features (stock returns…