Managerial Finance: Volume 46 Issue 10

The effect of political risk on shareholder value and the mitigating role of corporate social responsibility (CSR)

Pattanaporn Chatjuthamard, Pornsit Jiraporn, Pattarake Sarajoti, Manohar Singh

The study investigates the effect of political risk on shareholder value, using an event study and a novel measure of firm-level political risk recently developed by Hassan et al.…

Transmission of shocks between bond and oil markets

Amir Saadaoui, Kais Saidi, Mohamed Kriaa

This paper aims at looking into the transmission of shocks between bond and oil markets using a bivariate GARCH (BEKK and DCC) model. As lots of financial assets have been…

Gender matters: market perception of future performance

Kylie A. Braegelmann, Nacasius U. Ujah

This paper aims to revisit the extant evidence on gender bias in the market. Specifically, it revisits reaction to CEO announcements. Also, it explores whether the development of…

Short selling and dark pool volume

Thomas Jason Boulton, Marcus V. Braga-Alves

Prior research posits that traders with short-lived information favor lit exchanges over dark pools due to execution certainty. This paper aims to focus on the relation between…

Underwriter reputation and IPO valuation in an emerging market: evidence from Malaysia

Chui Zi Ong, Rasidah Mohd-Rashid, Kamarun Nisham Taufil-Mohd

The purpose of this study is to examine the influence of underwriter reputation on the valuation of Malaysian initial public offerings (IPOs).

Institutional investment in repurchase stocks: insider trading information

Jin-Ying Wang

This study explores whether institutional investors can distinguish an undervalued share repurchase from a falsely signaled share repurchase. This study also aims to determine…