A5076512177- COVID-19 Pandemic Impacts
- Financial Markets and Investment Strategies
- Corporate Finance and Governance
- Digital Marketing and Social Media
- Auditing, Earnings Management, Governance
- Corporate Social Responsibility Reporting
- Technology Adoption and User Behaviour
- Environmental Sustainability in Business
Chiang Mai University
2020-2023
Purpose This paper aims to examine whether the opportunistic use of assets securitization for earnings management is systematically widespread. It hypothesized that with passage Sarbanes–Oxley (SOX) Act 2002, which imposed more stringent governance over financial reporting process, there should be a decrease in among firms were not compliant prior passage. Design/methodology/approach The author SOX as an exogenous shock determine act had intended effect mitigating securitization. Findings...
International studies on corporate social responsibility (CSR) and financial performance from around the world suffer biases associated with endogeneity between CSR performance. To address this issue, we use exogenous shock COVID-19 related announcements to investigate causal link firm value. Analyzing of S&P1500 firms in didthehelp.com scores CSRHub, results show that negatively affect stocks’ market-adjusted returns day announcement regardless nature news. However, interaction terms...
Existing literature has documented the impact of emotional quotient in firm tweets by capturing its effect on stock returns. Since investors can also be viewed as consumers, powerful enough to influence them visit firms’ retail locations? Using proprietary data and level foot traffic, we find evidence consistent with this behavior. Specifically, that have a strong positive store footfall subsequent day. Additionally, document dissipates further away it is from tweeting date. In robustness...