In this paper, we explore the extent to which term structure of individual CDS spreads can be explained by the firm’s rating. Using the Nelson-Siegel model, we construct, for each day, CDS curves from a cross section of ...

This paper studies market-traded equity portfolios that are constructed based on a minimum number of female board members and/or a target female work force ratio. Using the top 1,000 US firms from 2002 to 2015 as the ...

This study uses the lenses of the stakeholder and the media agenda-setting theories to investigate the impact of community expectations on Corporate Community Involvement disclosures (CCID) in the annual reports of UK ...

There is an increasing call for managers in the Nigerian insurance industry to espouse higher level of ethical behaviour to earn the trust of customers, regulatory agencies, and other stakeholders. Arguably, this will ...

Purpose – The purpose of this paper is to contribute to the discussions about the radical change that is required if any notion of sustainability is to hold in the future. It is hypothesised that developments in environmental ...

One method of achieving company expansion to address new markets and access cheaper funds is through international mergers and acquisitions (M&A). The companies in the Gulf zone following Islamic principles are keen to ...

The recent re-capitalisation in the Nigerian Insurance Industry was underscored by the need to build strong companies that will bolster the industry’s capacity to bear risk, deliver quality services to the insuring public ...

Prior evidence suggests that board independence may enhance financial performance, but this relationship has been tested almost exclusively for Anglo-American countries. To explore the boundary conditions of this prominent ...

Corporate governance is often split between rulebased and principle-based approaches to regulation in different institutional contexts. This split is often informed by the types of institutional configurations, their ...