Managerial Finance: Volume 49 Issue 10

Analyst optimism, uncertainty and regulation: evidence from the Indian market

Riya Singla, Madhumita Chakraborty, Vivek Singh

The study examines the effect of increased Economic Policy uncertainty on analyst optimism in the Indian market. The study also explores whether the SEBI Research Analyst…

Impact of exchange rate fluctuations on US stock market returns

Vivek Bhargava, Daniel Konku

The authors analyze the relationship between exchange rate fluctuations of a number of major currencies and its impact on US stock market returns, as proxied by the S&P 500. Many…

Debt covenants and classification shifting: moderating role of audit quality

Manish Bansal

The study aims to investigates which form of classification shifting is preferred by firms to avoid the violation of debt covenants and whether the higher-audit quality…

Leverage target and firm innovation

Sharier Azim Khan

In this paper, the author examines how capital structure (relative to target) affects firm innovation.

Rare whiskies' market: new Eldorado for investors and collectors?

Eric Le Fur

This article aims to analyze the relationships between the different categories of rare whiskies and the opportunities for investors and collectors.

Bank competition, regulatory capital, and risk taking: international evidence

Heba Abou-El-Sood, Rana Shahin

Motivated by recent financial liberalization policies in emerging markets, this study investigates whether bank competition and regulatory capital affect bank risk taking in an…

Idiosyncratic volatility in commodity futures markets: measurement and puzzle

Liu Hong, Tianpeng Zhou

This paper aims to propose an alternative method to measure idiosyncratic volatility and test whether the idiosyncratic volatility puzzle holds in commodity futures markets.

Is corporate social responsibility more valuable in disrupted industries?

Liu Wang, Yong Wang

The business world today is witnessing ever-growing disruption. This study highlights corporate social responsibility (CSR) as an effective strategy for firms in disrupted…