Managerial Finance: Volume 48 Issue 5

The relevance of XBRL extensions for stock markets: evidence from cross-listed firms in the US

Denis Cormier, Pierre Teller, Dominique Dufour

The study investigates the relevance for stock markets of voluntary disclosure of eXtensible Business Reporting Language (XBRL) extensions [based on International Financial…

Institutional investors distraction and debt choice

Joseph Maxwell Asamoah, Cephas Simon Peter Dak-Adzaklo, Emmanuel Ofosu

This study aims to investigate the impact of institutional investors distraction on firms' choice between bank debt and public debt.

A trading strategy with dual-beta estimates

James Chong

The purpose of this paper is to adopt a trading strategy using upside and downside beta estimates.

Macroeconomic factors, R&D expenditure and research productivity in economics and finance

Ali Uyar, Cemil Kuzey, Merve Kilic Karamahmutoglu

Drawing on institutional theory and knowledge spillover, the study aims to examine whether there is a causality relationship between macroeconomic factors and research…

Finance journal rankings: a paper affiliation methodology

Domingo Docampo, Vicente Safón

In this paper, the authors use a new methodology, called paper affiliation index, to create finance journal ranking using expert judgment and research impact, both of which are…

Micro-, meso- and macro-level determinants of stock price crash risk: a systematic survey of literature

Waris Ali, Jeffrey Wilson, Muhammad Husnain

This article conducts a thorough review and synthesis of the empirical research on the antecedents of stock price crash risk to ascertain the macro-, meso- and micro-level…

The importance of a continuous belief-update mechanism on crowdfunding with financial returns

Nikolaos Daskalakis, Efstathios Karpouzis

The purpose of this paper is to add to the existing literature about whether and how a continuous belief-update mechanism affects investors' risk perceptions in crowdfunding. The…

Turn-of-the-month effect in cryptocurrencies

Satish Kumar

This study examines the turn-of-the-month (TOM) effect in Bitcoin (BIT), Ethereum (ETH) and Litecoin (LIT) cryptocurrencies from August 2015 to August 2021.