Managerial Finance: Volume 49 Issue 12

Prepayment and credit utilization in peer-to-peer lending

Yuan Yuan, Ran Tao

This research analyzes borrowers' credit utilization through prepayment behavior in peer-to-peer (P2P) lending. The authors investigate factors influencing the decision to prepay…

Role of institutional investors in reviving loss-making firms: evidence from India

V. Veeravel, Pradiptarathi Panda, A. Balakrishnan

The present study aims to verify whether there is a positive (negative) role being played by the institutional investors on the loss-making companies' performance.

Liquidity management by mutual funds

Marius Popescu, Zhaojin Xu

The paper examines how equity mutual funds manage their liquidity. Specifically, the authors investigate what strategies fund managers use to meet investor redemption demand…

The role of restrictive covenants in Moody's and standard and Poor's debenture credit ratings

Marc Simpson, Axel Grossmann

To determine the effect that covenants have on the credit ratings assigned by the two major agencies.

Round offer prices in M&A transactions: costly negotiation and psychological preference

Ying Huang, Xiankui Hu, Kenneth Hunsader, Steven Xiaofan Zheng

The authors of this study aim to investigate possible explanations of the prevalence of price clustering in the final offer prices of mergers and acquisitions (M&A).

An investigation into outside directors, managerial compensation, and firm performance in the Korean insurance industry

Sangyong Han, Hyejeong Mun

This study investigates the relationship between outside directors, managerial compensation, and firm performance in the Korean insurance industry.

Shifting incentives: the impact of the Tax Cuts and Jobs Act on S bank conversions

Ca Nguyen, Alejandro Pacheco, Randall Stone

This paper investigates the significant increase in S corporation banks converting to C corporations following the 2017 Tax Cuts and Jobs Act (TCJA) and the shift in motivations…