Do financial markets value corporate culture?

T Tran, H Nguyen, MH Pham - International Review of Financial Analysis, 2025 - Elsevier
This paper examines how financial market participants incorporate corporate culture, an
important value-relevant information, into their investment decisions. Utilizing firm-level …

Tone at the top, corporate irresponsibility and the Enron emails

K Taylor-Neu, AS Rahaman, GD Saxton… - Accounting, Auditing & …, 2024 - emerald.com
Purpose This study aims to examine whether senior Enron executive emails celebrated, or
at least left a space for, corporate irresponsibility. Engaging with prior organizational …

The Value of Apology for Firms Across Countries: The Impact of Severity of Product Recall and Country Characteristics

S Sikdar, A Sahaym, A Lahiri - Available at SSRN 4613330 - papers.ssrn.com
Product recalls are severely detrimental for firm valuations. To mitigate their adverse effects
firms often use apology to the public as part of their impression management strategy …