This paper analyzes corporate governance decisions at firms making initial public offerings (IPOs) of common stock between 1996 and 1999. Our objective is to examine relationships between firms’ corporate governance practices and the quality and availability of accountingand market-based measures of firm performance. We collect a sample of 464 companies from the manufacturing, internet, and tec...

introduction Over the last few decades, researchers have taken a thorough and critical look at corporate governance from various perspectives. They have studied how legal, social, and market forces influence the control mechanisms that a company adopts to prevent or discourage self-interested behavior by management. They have examined the structure and operations of the board of directors. They...

In the context of technological innovation promoting long-term sustainable development enterprises, how to better motivate senior executives create greater value for an enterprise is being widely discussed. particular, COVID-19 outbreak has raised concerns about whether companies can deliver more by holding large amounts cash. However, although scholars have conducted a lot research on topics s...

This paper presents data from two experiments that are problematic for the auditory spectral contrast theory of compensation for coarticulation, but are perfectly compatible with the gesture recovery theory. The experiments compare compensation for coarticulation effects in the perception of a [dɑ]-[ɡɑ] continuum produced by retroflex [r] context, versus the lack of an effect for a bunched [r] ...

The compensation effect, namely people's tendency to judge one group more positively on some dimensions and the other group more positively on other dimensions, has been validated using real social categories and experimentally created groups. However, less attention has been paid to whether and how changes in social structure affect the emergence of the compensation effect. The present researc...

This paper studies the consequences of regulating executive compensation at financial institutions by examining introduction UK Remuneration Code in 2010, which aimed to change decision-making horizon and risk-taking incentives bank executives. We find that, although both banks nonbanks show increased contribution sensitivity systemic risk United Kingdom post-2010, this increase is lower for ba...

When an object is tracked with the eyes, veridical perception of the motion of that object and other objects requires the brain to take account of and compensate for the eye movement. Here, I explore the effects of version and vergence eye movements on three-dimensional (3-D) motion perception. After demonstrating that eye movement compensation can be poor for detecting small objects moving in ...