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firms and the audit work quality of listed companies.Senior Assistant Secretary-General Prakid Punyashthiti said: ?The overall results of the second-cycle inspection show continued improvement in the work
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effect of board gender diversity is significantly more pronounced when there are at least three female board members. Finally, we show that board gender diversity helps cushion the adverse impact of the
(1.0194) (1.2270) (1.3836) (2.1719) (1.6506) Lagged expense ratio 4.0369*** 2.4117** 9.3810* 11.1106 5.4918 (1.2164) (1.0703) (4.9741) (7.0673) (3.4045) Log of lagged fund size -2.3615*** -2.9985** -3.6426
Tax Shield (NDT) Tobin Q Dividend Yield (DY) Corporate Governance Score (CG) Natural Log. Total Asset (Size) Tobin Q Turn over Ratio (TUR) ROE (Return on Equity) Endogeneity 1. What is the relationship
correlated to the discount rate. In addition, a number of studies show that firms conducting better CSR practices have cheaper equity financing and higher earnings growth (e.g., Ghoul and Mishra, 2011; Harjoto
). Time-varying rare disaster risk and stock returns. Journal of Financial Economics, 101(2), 313–332. Bernanke, B. S. (1983). Irreversibility, uncertainty, and cyclical investment. The Quarterly Journal of
incentives encourage management to show a small amount of earnings increases and a series of consistently earnings increases. Ke (2004) documents the association between executive’s equity-based compensation