This study focused on increasing firm value through CSR-and profitability-moderated
investment decisions in emerging markets. A panel data analysis method was used for this …

This paper considers the ownership structure of family firms to determine whether family
control alleviates or exacerbates investment–cash flow sensitivity in the Euro zone. We find …

Behavioral theories suggest that overconfident investors overestimate the quality of their
information and underestimate risk. They have a high demand for risky assets and require a …

This paper focuses on how a firm's characteristics affect the market valuation of its research
and development (R&D) spending. We derive a valuation model based on the capital market …

We investigate whether equity compensation incentivizes executives to make efficient labor
investment decisions. In doing so, we examine the extent to which stock options and …

Our study investigates the effects of economic policy uncertainty (EPU) on firm-level
innovation activities. Utilizing the news-based government EPU index of Baker et al.(2016) …

This paper analyses the determinants of ownership structure by focusing on the role played
by investment, financing and dividend decisions. The use of the Generalised Method of …

The purpose of this research is to investigate the effects of financial decision behavior on
firm performance of Indonesian public companies using panel data. The dynamic …

This paper investigates how ownership affects the investment‐cash flow sensitivity by taking
into account the non‐linearities of ownership with respect to firm value, and using a free …

The objective of this paper is to evaluate the effectiveness of Economic Value Added (EVA),
a metric that is increasingly used in Japan as a measure of corporate value. EVA is …