Review of Accounting and Finance: Volume 23 Issue 1

Corporate investment sensitivity to equity market misvaluation

Senda Mrad, Taher Hamza, Riadh Manita

The purpose of this paper is to investigate the effect of equity market misvaluation on manager behavior. Using a sample of 535 French-listed over 2000–2018, the authors analyze…

Liquidity, interbank network topology and bank capital

Aref Mahdavi Ardekani

While previous literature has emphasized the causal relationship from liquidity to capital, the impact of interbank network characteristics on this relationship remains unclear…

The relative valuation of cash flow and current accruals affected by their extremity

Wael Mostafa, Rob Dixon

Recent studies on the securities market’s differential pricing of earnings components have shown that cash flow from operations is more highly valued than total accruals and that…

The impact of investor protection on stock market volatility

João Silva, Lígia Febra, Magali Costa

This study aims to advance knowledge on the direct impact of the investor’s protection level on the stock market volatility, that is, whether investor’s protection is an important…

Intellectual capital efficiency, institutional ownership and cash holdings: a cross-country study

Tamanna Dalwai, Syeeda Shafiya Mohammadi, Elma Satrovic

This study aims to investigate the roles of intellectual capital efficiency and institutional ownership on cash holdings and their speed of adjustment.

The heterogeneous role of economic and financial uncertainty in green bond market efficiency

Ping Wei, Jingzi Zhou, Xiaohang Ren, Farhad Taghizadeh-Hesary

This paper aims to explore the quantile-specific short- and long-term effects of economic policy uncertainty (EPU) on the efficiency of the green bond market.