International Journal of Managerial Finance: Volume 15 Issue 5

Corporate debt maturity and economic development

Celia Álvarez-Botas, Víctor M. González-Méndez

The purpose of this paper is to analyse the effect of economic development on the influence of country-level determinants on corporate debt maturity, bearing in mind firm size and…

Valuing firm’s financial flexibility under default risk and bankruptcy costs: a WACC based approach

Carlo Mari, Marcella Marra

The purpose of this paper is to present a model to value leveraged firms in the presence of default risk and bankruptcy costs under a flexible firm’s debt structure.

Market risk, corporate governance, and the regulation during the recent financial crisis: The French context

Mouna Aloui, Bassem Salhi, Anis Jarboui

The purpose of this paper is to study the impact of some corporate governance mechanisms on the market risk (stock price return and volatility, exchange rate) and on the exchange…

Signalling IPO quality through female directors

Bazeet Olayemi Badru, Nurwati A. Ahmad-Zaluki, Wan Nordin Wan-Hussin

The purpose of this paper is to investigate whether or not the presence of female directors at the time of an initial public offering (IPO) can be considered as a signal of IPO…

Trade credit, firm profitability, and financial constraints: Evidence from listed SMEs in East Asia and the Pacific

Huan Cong Hoang, Qin Xiao, Saeed Akbar

The purpose of this paper is to investigate the non-linear association between trade credit and profitability of small and medium-sized enterprises (SMEs). Moreover, this paper…

Board gender diversity and US corporate bonds

Renee M. Oyotode-Adebile, Zubair Ali Raja

The purpose of this paper is to examine the impact of board gender diversity on bond terms and bondholders’ returns.

Market reactions to changes in the Dow Jones industrial average index

Ernest N. Biktimirov, Yuanbin Xu

The purpose of this paper is to examine changes in stock returns, liquidity, institutional ownership, analyst following and investor awareness for companies added to and deleted…

Board structure and financial distress in Brazilian firms

Guilherme Freitas Cardoso, Fernanda Maciel Peixoto, Flavio Barboza

The purpose of this paper is to investigate what board characteristics affect companies in periods of financial distress (FD) among non-financial Brazilian firms and examine which…

Aggressive tax planning and stock price synchronicity: evidence from China

Hua Feng, Ahsan Habib, Gao liang Tian

The purpose of this paper is to investigate the association between aggressive tax planning and stock price synchronicity.

Bankruptcy protection duration and outcome of Canadian public firms

Mohamed A. Ayadi, Skander Lazrak, Dan Xing

The purpose of this paper is to investigate the determinants of bankruptcy protection duration of Canadian public firms, and also investigate the duration for various bankruptcy…