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The study investigates the influence of managerial discretion over accruals on banks' financial reporting quality. Furthermore, it examines the role of ownership in shaping managerial incentives to manipulate banks’ reporting quality in a developing economy.

The sample includes 37 Indian public- and private-sector banks from the fiscal year 2001–2022. The discretionary LLP (DLLP) is used to examine various managerial incentives and accounting quality. The models are estimated using panel fixed-effect regression and the system generalized method of moments. The results survive several sensitivity checks.

The results exhibit a low quality of financial reporting in public-sector banks, which is evident through the higher use of DLLP for income smoothing and signaling. In contrast, the low-capitalized private-sector banks employ DLLP to manage capital.

The study’s sample size is relatively small and focuses on a single country. Future researchers can investigate other emerging economies to better generalize the findings of this study.

The study highlights the influential role of ownership in shaping managerial incentives in the banking industry. Moreover, the study is of utmost importance for governments, regulators and policymakers in devising policies that reduce agency conflicts and improve financial stability in emerging economies.

The study subscribes to the growing literature on the role of ownership in influencing the banks’ financial reporting quality. To the best of the author’s knowledge, this is one of the limited studies in the context of government-owned vs private-owned banks in an emerging economy.

The study aims to explore the role of non-mainstream financial schemes in supporting innovation within SMEs in developing countries, particularly in sub-Saharan Africa. It investigates how informal credit, business group affiliation and foreign and state ownership arrangements influence SMEs’ innovative activities in environments with limited access to formal financial resources.

The research utilizes data from the World Bank’s Enterprise Surveys, focusing on 8,466 firms across 11 sub-Saharan African countries from 2011 to 2020. A logistic regression analysis was conducted to assess the impact of various financial sources on SMEs’ innovation outputs, particularly incremental innovations, due to data constraints on radical innovations.

The findings reveal that informal credit significantly supports SME innovation, while business group resources can hinder innovative activities by restricting firms to routine tasks. State ownership positively influences innovation, whereas the impact of foreign ownership is inconclusive. These results highlight the critical role of alternative financial mechanisms in the innovation activities of SMEs in resource-limited settings.

This study contributes to the literature by providing empirical evidence on the effects of non-mainstream financial schemes on SME innovation in developing countries. It offers new theoretical insights into how SMEs navigate financial constraints to foster innovation and suggests policy implications for improving financial support systems for SMEs in such contexts. The research underscores the importance of contextualizing entrepreneurship studies to better understand the unique challenges and opportunities faced by SMEs in developing regions.

Taking instances from extant findings from the literature, the study aims to examine the community perception toward renewable energy (RE) off-grid (mini-grid/microgrid) intervention, the underlying rationales for engagement of communities in RE off-grid projects, the different alternatives/models to engage communities in various phases of RE off-grid project deployment.

The study has followed the structured literature review to explore the identified research question of the study.

Based on findings from the review, the framework for effective community engagement in RE mini-grid projects is suggested. Furthermore, the study also draws suggestions and implications for future research and practice.

Based on such understanding the present study offers the framework which suggests the steps for the engagement of the communities in the off-grid projects. The key steps are managing the perception of the community (including generation of awareness among the community), planning for the benefits of the community, linkage the sustainable development goals (SDG), planning for the inclusion of the community and measuring performance (in the line of social and economic criteria and SDG).

This study finds the gap in the literature on the nexus of community, off-grid energy projects and SDG. Following the findings from the scholars in this field, a few gaps in the policy and practice have been highlighted which could be useful for practitioners and policymakers in this area.

While the impact of digitalization on businesses has been extensively studied, the influence of digitalization on marketing outcomes in private enterprises has not received sufficient attention. The current study aims to examine how and when digitalization affects international marketing decisions in the context of private enterprises.

This study employs data from a survey of Chinese private enterprises conducted in 2020, which constitutes the world's largest dataset of its kind. Nearly 19,000 samples were included in the study. Additionally, we also incorporate supplementary data on digitalization in the Chinese region. Employing various methods, this study empirically and robustly examines the proposed research framework within the context of Chinese private enterprises.

Based on the resource-based view and agency theory, this paper found that digitalization can positively impact private enterprises’ direct and indirect international marketing decisions. Furthermore, we introduce the inclusion of innovation capacity and board governance as moderators in the model and find that board governance attenuates the influence of digitalization on international marketing decisions, while innovation capacity enhances the impact of digitalization on direct international marketing but diminishes its effect on indirect international marketing.

This study advances the understanding of the impact of digitalization on international marketing in private enterprises, thereby addressing the gap in the limited focus on digitalization in private enterprises. It also demonstrates how private enterprises effectively utilize digitalization to gain marketing advantages in the international market.

The main purpose of this study is to investigate the impact of state capital participation (SCP) on the corporate environmental engagement (CEE) of privately controlled listed firms in China.

We use a sample of 20,133 firm-year observations from 2009 to 2021. We use three different measures to proxy corporate environmental engagement and two different measures to proxy for state capital participation. We employ a difference-in-difference regression model to estimate the effect of state capital participation on corporate environmental engagement.

Using a sample of 20,133 firm-year observations from 2009 to 2021, we find that SCP significantly increases corporate expenditure on environmental protection, corporate environmental performance and ESG ratings. Specifically, SCP increases environmental investment capacity and attracts more media coverage, online attention and analysts’ following, which leads to better environmental engagement. Further analyses show that after state shareholders exit privately controlled firms, CEE deteriorates, while private capital injection in state-owned firms has no significant impact on CEE. The positive effect of SCP is stronger in privately controlled firms with local government ownership, a larger number of state shareholders, longer state shareholder holding periods, those without politically connected managers and firms operating in heavy pollution industries. Lastly, we show that minority government ownership reduces firm-level toxic emissions and enhances financial performance.

We enrich the literature on the role of minority state ownership in corporate financial and environmental performance.

We enrich the literature on the role of minority state ownership in corporate financial and environmental performance. In light of the escalating environmental concerns and the growing emphasis on corporate environmental responsibility, this study highlights the beneficial role of minority government ownership in driving environmental performance. By providing resources and attracting external scrutiny, the government, as a minority shareholder, can significantly enhance the environmental engagement of privately controlled firms.

This paper examines the phenomenon of mixing public floors within private development, shedding light on underlying rationales, the acceptability of integrating different uses, and the various challenges associated with the management and creation of these mixed-use, mixed-ownership buildings.

The topic is reviewed by examining the opinions and perceptions of expert planners and developers using a triangulation of qualitative interviews data and quantitative and qualitative analysis of survey results, cross-referenced with some grey literature in the form of planning tribunal decisions.

Findings suggest that the allocation of public floors is made in response to the shortage of land in high-demand areas with the aim of densifying development and making it more efficient. Experts were generally open to the concept of a private–public floorspace mix, noting that certain public land uses are better than others when combined as floorspace within private structures. Furthermore, the findings highlight managerial obstacles as well as issues with the process of allocating public floors in new plans.

The findings can be used to provide guidance for municipal authorities and developers looking to make the most of their available land, ensuring that both the public and private domains can coexist as cities continue to grow and become more densely populated in the future.

Few studies have reviewed this type of public–private mix, while highlighting challenges in their creation and management. The Israeli case-study in the paper showcases a unique context where high growth rates, increasing densification, and vertical development all spur development in this direction.

This study aims to conduct a regression analysis of factors contributing to truck driver detention time, including shipper, carrier and customer facility characteristics. Specifically, we examine how the impact of private fleets versus for-hire carriers on detention time varies with customer facilities that have different operating hours and cargo processing efficiency.

Based on time-stamped shipment data collected from a large US fresh producer, this study assesses the impacts of contributing factors on detention time through a regression analysis of a large dataset consisting of 16,227 shipment records over a three-month period.

Results show that private fleets are associated with less detention time than for-hire carriers. The advantage of private fleets over for-hire carriers is more pronounced at customer facilities with 24-h shifts or fast processing speeds. The impact differences between private fleets and for-hire carriers are not statistically significant at slow-processing customer facilities or those without 24-h shifts. There appears to be an inverted U-shaped relationship between carrier size and detention time.

This study offers evidence-based recommendations to shippers, carriers, receivers and policymakers on the reduction of detention time.

This is the first empirical study to examine detention time using a comprehensive shipment-level dataset collected from a major US fresh producer. The findings offer managerial insights and policy recommendations to address detention, a significant challenge facing the US trucking industry.

This study explores the relationship between US public firms’ dividend policies and CEO selection. Specifically, we examine the association between successor CEOs’ prior employment and firms’ payout policies around CEO turnover events.

Using Execucomp, we identify a sample of 1,021 S&P 1500 firms with CEO turnover events occurring from 2010 to 2016. We categorize successor CEOs by their prior position as a public insider (hired internally from the public firm), public outsider (hired from a different public firm) or private outsider (hired from a private firm). We investigate dividend policies around CEO turnovers using differences-in-means and probit analyses.

Firms that hired private CEOs were 11.0% less likely to have paid a dividend in the year prior to the CEO turnover. However, those firms that had paid a dividend in the prior year were 5.4% more likely to subsequently drop their dividend. This finding supports a distinct effect that is related to the successor CEOs’ prior experience managing private firms, rather than an “outsider” effect: payout policies of firms that hired public outsiders were no different from those that hired public insiders.

We show that public firms that hire private CEOs tend to have dividend policies similar to those of private firms. This evidence suggests that human capital developed at private firms is applied when CEOs transfer to public firms. We show that outsiders from public firms behave differently from outsiders from private firms, and we are the first to measure the frequency of each kind of CEO successor: public insiders, public outsiders and private outsiders. These findings suggest a method to indirectly study private firms using more readily available data from public firms led by private CEOs.

This paper aims to formulate a research agenda by developing a conceptual framework for studying and mitigating corporate governance issues in state-owned enterprises (SOEs), considering pertinent management theories and theories of the firm as described in the contemporary academic discourse on SOEs.

The authors commenced broadly with the traditional narrative review method to understand the field of corporate governance in SOEs in line with subject matter knowledge. The authors carefully identified studies on corporate governance of SOEs and read them, noting and following relevant citations. The authors then proceed with a more methodical (qualitative) systematic literature review (QSLR) process, selecting more explicit articles and taking advantage of the complementarity of narrative and QSLR methods.

The review identifies seven pertinent theories in the organisational field of SOEs and describes five of the seven theories that must be conceptualised in examining corporate governance issues in SOEs. Following the description of the theories, this paper suggests a novel strategy for minimising corporate governance issues in SOEs by bringing together corporate governance problems in SOEs and offering insights into how the management theories and the theories of the firm may be applied in studying and mitigating corporate governance problems in SOEs, considering their practices and characteristics.

This review paper responds to calls for further research into public entrepreneurship and elaborates theories applicable to studying corporate governance in SOEs. This involves navigating through SOEs literature, focusing on theories and how they might be conceptualised to explore corporate governance issues in SOEs. This represents the largest research convergence on SOEs, given that various corporate governance challenges typically face SOEs worldwide.

The review offers guidance on applying theories to understand corporate governance challenges in SOEs, particularly using the identified theories in specific corporate governance problem areas. This study appears to be one of the only ones on this topic. Thus, the propositions put forth suggest that the conceptualisation of corporate governance in SOEs in this paper adds value for academics, practitioners and policymaker observers.