Analysts' forecasts and asset pricing: A survey

SP Kothari, E So, R Verdi - Annual Review of Financial …, 2016 - annualreviews.org
This survey reviews the literature on sell-side analysts' forecasts and their implications for
asset pricing. We review the literature on the supply and demand forces shaping analysts' …

Corporate governance and institutions-A review and research agenda

A Zattoni, E Dedoulis, S Leventis… - … -An International Review, 2020 - research.rug.nl
Abstract Research Question/Issue Over the last decades, research on the relationship
between national institutions, governance mechanisms, and firm outcomes has been …

Does corporate social responsibility affect information asymmetry?

J Cui, H Jo, H Na - Journal of business ethics, 2018 - Springer
In this study, we examine the empirical association between corporate social responsibility
(CSR) and information asymmetry by investigating their simultaneous and endogenous …

How does ESG disclosure improve stock liquidity for enterprises—empirical evidence from China

C Meng-tao, Y Da-peng, Z Wei-qi, W Qi-jun - … Impact Assessment Review, 2023 - Elsevier
This research explores the impact of environmental, social, and governance (ESG)
performance on capital market performance in terms of stock liquidity. We establish that …

Board gender diversity, quotas, and ESG disclosure: Global evidence

A Alkhawaja, F Hu, S Johl, S Nadarajah - International Review of Financial …, 2023 - Elsevier
This study examines the impact of gender-diverse boards and the staggered initiation of
gender quotas around the world on environmental, social, and governance (ESG) …

Stock price synchronicity, crash risk, and institutional investors

H An, T Zhang - Journal of Corporate Finance, 2013 - Elsevier
Both stock price synchronicity and crash risk are negatively related to the firm's ownership by
dedicated institutional investors, which have strong incentive to monitor due to their large …

The illiquidity premium: International evidence

Y Amihud, A Hameed, W Kang, H Zhang - Journal of financial economics, 2015 - Elsevier
We examine the illiquidity premium in stock markets across 45 countries and present two
findings. First, the average illiquidity return premium across countries is positive and …

Does the efficiency of corporate governance and intellectual capital affect a firm's financial distress? Evidence from Egypt

TM Shahwan, AM Habib - Journal of intellectual capital, 2020 - emerald.com
Purpose Using data on 51 firms traded in the Egyptian Exchange from 2014 to 2016, this
paper aimed to assess the efficiency of corporate governance (CG) and intellectual capital …

How digital technology improves the high-quality development of enterprises and capital markets: A liquidity perspective

G Liu, B Liu - Finance Research Letters, 2023 - Elsevier
This paper finds that the digitalization has a positive impact on stock liquidity, especially
those lack analyst follow-up or low online media attention. We use “Made in China 2025” as …

[HTML][HTML] Mandatory CSR expenditure and stock market liquidity

PP Roy, S Rao, M Zhu - Journal of Corporate Finance, 2022 - Elsevier
We investigate the nexus between corporate social responsibility (CSR) and firms' stock
market liquidity. Using actual firm-level CSR expenditure data and a quasi-natural …