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Corporate governance and cost of debt financing: Empirical evidence from Canada
(
Elsevier B.V.
, 2018 , Article)
We explore the impact of the Globe and Mail corporate governance index on bond spreads in a sample of Canadian listed companies. The index is composed of four sub-indices—board composition/structure, board compensation, ...
Employee welfare and stock price crash risk
(
Elsevier B.V.
, 2018 , Article)
We examine whether employee welfare practices are associated with future stock price crash risk. Two competing hypotheses were tested: the stakeholder theory hypothesis & the agency theory hypothesis. According to the ...