Focal Interest
Focal Interest

Corporate Finance and Governance

External reference: https://openalex.org/T10019

  1. Listing changes how policy uncertainty affects R&D investment
    Study shows IPOs have dual effects on R&D spending in China: listing encourages investment under policy uncertainty, but political connections gained reduce it.
  2. Political donations are linked to lower cash holdings and investment efficiency
    Study of 300 Australian firms reveals political donations correlate with lower cash holdings, higher leverage, and reduced investment efficiency, pointing to agency costs.
  3. Parent support was selective during the 2007–2009 crisis
    Banks allocated capital selectively within conglomerates during the 2007–2009 crisis, favoring stronger affiliates while restricting support to weaker ones, challenging regulatory assumptions.
  4. Bank diversification has mixed effects on performance
    Systematic review of bank diversification and performance 2006-2025, examining how monetary policy and macroeconomic conditions influence diversification strategy outcomes and risk-adjusted returns.
  5. Firms with stronger finances and ESG scores were more likely to leave Russia
    Examine how corporate size, financial capacity, and ESG governance drive multinational firms' divestment decisions from Russia, revealing stakeholder accountability over economic constraints.
  6. Political connections are linked to lower corporate innovation
    Study reveals how political connections paradoxically inhibit innovation in Chinese firms, with governance structures and dynamic capabilities serving as critical mitigating factors.
  7. Moderate overconfidence is linked to better SME credit access
    Non-linear relationship between entrepreneurial confidence and SME financing access: mild overconfidence reduces credit rationing relative to underconfidence and extreme overconfidence.