Factors influencing liquidity position of Indian manufacturing companies. systems of the Japanese corporate governance: one on corporate finance and another on human resource management. Supply Chain Finance and Risk Management. Moreover, the findings of the study would prove useful in detailed studies of capital structure in the GCC countries as well. Similarly, the experimental results will strengthen the entrepreneur's knowledge, awareness and perception. I. Goldstein, D. Hackbarth / Journal of Corporate Finance 29 (2014) 535–541 537. for empirical regularities. governance, where governance serves the three-part purpose of infusing order, thereby to mitigate potential conflict and realize mutual gains. Debt maturity, leverage, and political uncertainty. The results also explain that concentrated ownership and BGD reduce the negative impact of EPU on the SG of the Chinese firms. Corporate Governance in Japan,” respectively. 2. Toute asymétrie d’information ou information douteuse souffle sur les braises du malheur universitaire déjà ravivé par une multitude de dysfonctionnements de natures diverses. The study used secondary source of data only. Asymmetric information and securitization design in Islamic capital markets. The effect of parameters i.e., size, leverage, capital expenditures, growth opportunities, liquidity, cash flow, asset intangibility, cash flow volatility, dividend payments and stock exchange on cash holdings has been empirically tested by employing dynamic estimation methodology i.e., Generalized Method of Moments (GMM). The data for the study is panel in nature (that is cross-sectional time-series data). Understanding Hotel Maintenance Management. First, there is the basic recognition of the importance of shareholders to any company – people who buy the company’s stock fund its operations… Achieving a high level of corporate governance is especially important as the fast-changing business landscape brings many new and ongoing complexities for boards and senior management. Revised and reprinted in R. W. McGee (ed. It’s an ongoing journey where all stakeholders have a part to play. Reference Text: The Theory of Corporate Finance, Jean Tirole, Princeton University Press Reference Text: Corporate Governance by Kenneth Kim, John R. Nofsinger, Derek J Mohr, 2010 3/E, Prentice Hall The Dynamic Effect of Uncertainty on Corporate Investment through Internal and External Financing. The key messages are no longer isolated from the narrative reporting that they belong with. Executive compensation and conflict between shareholders and creditors: Evidence from creditor litigation. Socializing the risks and rewards of public investments: Economic, policy, and legal issues. Corporate Governance is about commitment to values and ethical business conduct. International Journal of Managerial Finance. Article/chapter can be printed. This concern arises due to the fact that the mix of financing sources, cost and availability of capital affects the decision making for the companies (Omet & Mashharawe, 2002). management, accounting, finance, law, psychology, and sociology. Checkout. CEO risk‐taking and operating lease intensity. Add Paper to My Library. revoir leur calcul des coûts liés à l’université, par l’introduction de ce gâchis financier caché qui est difficilement cernable. Journal of International Financial Markets, Institutions and Money. It is shown with other factors equal that project financing is favoured when fixed capital costs are high relative to other costs or when the return to the project is less sensitive to unobservable levels of managerial effort. En effet, les gestionnaires qui pensaient avoir les coudées franches grâce à la détention des informations parfaitement contrôlées, ont été complètement dupés par la sous-estimation de l’aspect comportemental caché qui subvertit le fonctionnement organisationnel. How to Better Run a Capital Project: Being a Principal or a Managing Sponsor? Comparison of adjustment speeds in target research and development and capital investment: What did the financial crisis of 2007 change?. The CG framework is the broadest control system, both internal and external, to encourage the efficient use of corporate resources and accountability for the stewardship of those resources. The opportunity cost resulting from insufficient liquidity should be higher for firms that have high-quality investment projects. A project‐financing approach is adopted. The results of this study can assist regulatory agencies to formulate an effective regulatory framework. The findings suggest that cash holding decisions of shariah-complaint firms can be best explained using the pecking order theory. The full text of this article hosted at iucr.org is unavailable due to technical difficulties. Financing Consumer (Co-)Ownership of Renewable Energy Sources. It provides valuable insights for corporates regarding CG mechanisms to attain SG. The strategic choice of payment method in corporate acquisitions: The role of collective bargaining against unionized workers. How Organizational Hierarchy Affects Information Production. The constituents of the Collaboration are the Center for Audit Quality, Financial Executives International, the National Association of Corporate Directors, and The Institute of Internal Auditors. Corporate governance and tax disclosure phenomenon in the Malaysian listed companies. Article/chapter can be downloaded. A company's board of directors is the primary force influencing corporate governance. Journal of Islamic Accounting and Business Research. To examine the determinants of cash holdings, static model is used. Join ResearchGate to find the people and research you need to help your work. Finance and Risk Management for International Logistics and the Supply Chain. International Journal of Islamic and Middle Eastern Finance and Management. The capital structure decisions of Islamic banks in the GCC. CEO EXTRAVERSION AND CAPITAL STRUCTURE DECISIONS: THE ROLE OF FIRM DYNAMICS, PRODUCT MARKET COMPETITION, AND FINANCIAL CRISIS. This is a step further than the traditional approach in corporate finance, which tends to limit its investigation of a firm’s choice of financial structure (i.e., debt vs. equity) in aggregate, with no follow-on inquiry into the resultant governance structure at an individual firm or industry level. Access scientific knowledge from anywhere. 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