Managerial Finance: Volume 48 Issue 7

The effect of debt maturity structure on earnings management strategies

Sondes Draief, Adel Chouaya

The aim of this study is to investigate whether debt maturity matters for the choice of earnings management strategy (i.e. accruals earnings management and real earnings…

Ownership structure and financial constraints – Evidence from an emerging market

Muhammad Farooq, Asad Afzal Humayon, Muhammad Imran Khan, Sarmad Ali

The purpose of this research is to examine the impact of corporate governance proxies by ownership structure on financial constraints for a sample of 215 non-financial Pakistan…

Does prospect theory explain Bowman's paradox in Asian emerging markets?

Asad Khan, Muhammad Ibrahim Khan, Zia ur Rehman, Shehzad Khan

This study aims to extend Bowman's risk–return paradox to Asian emerging markets and explain its causes under the prospect theory.

Access to finance, social capital and the improvement of corporate performance: evidence from Southeast Asia

Ploypailin Kijkasiwat, Ahmad Usman Shahid, M. Kabir Hassan, Ahmed Imran Hunjra

This study examines the influence of access to finance and social capital on the improvement of the corporate performance of non-listed firms of Southeast Asian countries…

Pre-announcement merger trading by investment bank-affiliated mutual funds

Tim Mooney

This study examines whether mutual funds buy or sell the stock of merger targets advised by their investment bank affiliates in advance of merger announcements and withdrawals…

CEO compensation and firm performance in the insurance industry

Rafiqul Bhuyan, Deanne Butchey, Jerry Haar, Bakhtear Talukdar

We investigate the relationship between chief executive officer (CEO) compensation and a firm's financial performance in the insurance industry to determine CEO pay policies that…