This paper investigates the cost of going public through initial public offerings (IPOs) for firms
located in regions with significant fraud density. We find that companies in regions with a …

Purpose Prior research has documented a guilt by association phenomenon whereby
instances of corporate misconduct generate a negative spillover to innocent firms due to their …

Purpose The purpose of this paper is to examine whether cash flow volatility (CFV) has a
negative impact on future stock returns, and whether the CFV-return relation is different among …

This article examines the stock market's response to military contract award announcements
for the 10-year period surrounding 11 September 2001. The abnormal returns of successful …

An accurate forecast of real return requires that accounting and debt adjustments be made
to reported earnings. This article presents methodologies that investors can use to estimate …

Purpose – Short‐term cash need plays a critical role in equity issuance decisions. Consequently,
the ease with which a seasoned equity offer (SEO) is completed can have a direct …

Purpose In this paper, the authors examine the association between a firm's geographical
location and the value of its cash holdings. Design/methodology/approach Following …

The authors specify a regression model for equity price sensitivity, and using this model
identify several factors that determine how sensitive the equity price will be to changes in …

… Author links open overlay panel Radhika Palkar 1 4 , Erika K Lippoldt 2 4 , David D
McKemy 1 2 3 … Fisher, DM Bautista, DD McKemy … Palkar, DD McCoy, DD McKemy …

This study is an extension of Hahn et al.(2018) who investigated the changes in strategic
behaviors of US firms in times of economic recession and the impact of those changes in …