We examine differences in structural characteristics that lead firms of different sizes to react
differently to the same economic news. We find that a small firm portfolio contains a large …

This article identifies 25 articles that have been particularly influential in shaping the state of
the art of research on family businesses. These works were identified based on a citation …

We investigate the impact of excess perk consumption on crash risk in state-owned
enterprises in China. To enjoy excess perks, executives in state-owned enterprises have an …

We examine the effects of credit ratings on IPO pricing. The evidence from US common
share IPOs during 1986–2004 shows that when firms go public, those with credit ratings are …

We examine the impact of digital transformation (DT) on performance using a sample of
Chinese firms. Leveraging the recent advances in textual analysis and a manual reading of …

We analyze monthly returns on an equally weighted index of eighteen to twenty‐three
equity (real property) real estate investment trusts (REITs) that were traded on major stock …

This study examines the relationships among stock prices in eighteen national stock markets
by using unit root and cointegration tests for the period 1961‐‐92. All the markets were …

This study uses unit root and cointegration tests to examine the relationships among the stock
markets in Hong Kong, South Korea, Singapore, Taiwan, Japan, and the United States. All …

The main objectives of the Sarbanes-Oxley Act of 2002 are to improve the accuracy and
reliability of corporate disclosure. Under Section 404 of the Sarbanes-Oxley Act, the external …

We examine the relation between political uncertainty and cash holdings for firms in China.
We document that, during the first year of a new city government official's appointment, a firm, …