Managerial Finance: Volume 50 Issue 6

Breaking the linear mould: exploring the non-linear relationship between board independence and investment efficiency

Khairul Anuar Kamarudin, Nor Hazwani Hassan, Wan Adibah Wan Ismail

This study examines the non-linear effect of board independence on the investment efficiency of listed firms worldwide. This study further tests whether the COVID-19 pandemic…

Predicting returns using moving averages: the role of investor inattention

Ajay Bhootra

Investors are inattentive to continuous information as opposed to discrete information, resulting in underreaction to continuous information. This paper aims to examine if the…

Google Trends, bank popularity and depositors' fears in Indonesia

Nugroho Saputro, Putra Pamungkas, Irwan Trinugroho, Yoshia Christian Mahulette, Bruno Sergio Sergi, Goh Lim Thye

This paper investigated whether a bank’s popularity and depositors' fear of Google search volume could affect bank deposits and credit.

Stewardship regulation and institutional investors' preference for investee governance quality

James Routledge

This paper examines whether the adoption of Japan’s Stewardship Code by institutional investors influences their preference for investee companies' governance quality. The Code…

The mediating role of capital on deposit insurance and financial stability: evidence from Islamic and conventional banks

Houssem Ben-Ammar

This study aims to evaluate the interaction between bank capital and explicit deposit insurance scheme (DIS) on the financial stability of Islamic and conventional banks.

Industry momentum and trading volume: evidence from China

Kun Wang, Xu Wu

As the world's largest emerging market, the evidence of momentum effect in China is also mixed. Meanwhile, prior studies mainly examined individual stock momentum in China, with…

Investigating nexus between corporate re-branding and stock market performance: a study of Indian service sector

Pushpanjali Kaul, Sangeeta Arora

The present study, by using signaling perspective aims to investigate short-term valuation impact of rebranding announcements (with name change) on stock performance of 160…

Comparing sentiment and sentiment shock in stock returns

Qiang Bu, Jeffrey Forrest

The authors compare sentiment level with sentiment shock from different angles to determine which measure better captures the relationship between sentiment and stock returns.

Impact of dynamic working capital management on operational efficiency: empirical evidence from Scandinavia

Samuel Yeboah, Frode Kjærland

Consumer goods firms often tie up inventory and accounts receivable resources, creating cost and liquidity issues. Dynamic working capital management (DWCM) can mitigate these…