This paper examines the capability of Cyclically Adjusted Price to Earnings (CAPE) or Shiller’s P/E ratio, along with other relative valuation ratios such as and P/BV, predict future returns FTSE/ASE Large Cap Index, starting from development index (1997) December 2018. We have herein used several regression models in order examine relationship between above 1, 3, 5 10 years. show that, while P...

Based on coverage of over 660m news stories from LexisNexis News & Business between 2015–2021, we provide two new indices around the growing area Central Bank Digital Currency (CBDC): CBDC Uncertainty Index (CBDCUI) and Attention (CBDCAI). We show that both spiked during related to developments in relation digital currency items. demonstrate have a significant negative relationship with volatil...

The Financial Reporting Council is the first auditing standard-setting body to require audit materiality threshold disclosure. Audit thresholds are a function of auditor benchmark choices and percentage rates chosen for benchmarks. This study investigates association between effort thresholds, auditors’ use benchmarks computed based on non-Generally Accepted Accounting Principles (non-GAAP) mea...

Trade credit has only recently been taken seriously by business ethicists, despite the common practice of slow payment suppliers. In response, UK introduced a series voluntary 'payment codes'. However, at time to which our data relate, relatively few FTSE 100 companies had signed up. Furthermore, although signatories paid more quickly, difference was not statistically significant. These two fin...

We consider alternative possibilities for hedging spot positions on the FTSE LATIBEX Index, index of only international market exclusively Latin American firms that is denominated by euro. Since there not a futures index, it unclear whether relatively successful hedge can be found. explore plausibility employing four stock indices: EUROSTOXX 50, S&P500, BOVESPA, and IPC, simulate results co...

We investigate the interrelationships among carbon performance, CEO Pay, executive compensation, financial performance and market value. Using data relating to non-financial firms from UK FTSE 350 2009 2018, our findings are fourfold. First, results suggest that actual is negatively associated with value of firms. Second, we document self-reported has no effect on performance. By contrast, obse...

In 2002, an amendment to UK parliamentary regulations removed restrictions on the participation of Members Parliament (MPs) in proceedings related their corporate interests. Using this amendment, we demonstrate higher equity returns for FTSE 350 firms connected MP due increase expected value political access. Following MPs with connections are more likely be members select and joint committees ...

The aim of this study is to investigate context, the impact International Financial Reporting Standards (IFRS) on Key Performance Indicators’ (KPIs) disclosure quality in United Kingdom (UK). We used UK listed firms FTSE 350 stock exchange market during pre-IFRS period and post-IFRS (2003 2004, 2006 2013). In particular, we examine special events such as emergence Accounting Standard Body (ASB)...

This study compared the impact of Global Financial Crisis (GFC) and COVID-19 pandemic on financial market contagion between developed emerging markets. A DCC-GARCH model was employed to test effects markets using weekly returns for S&P 500 (US), FTSE-100 (UK), ASX 200 (AUS), IBOVESPA (BRA), BSE SENSEX (IND) BVM IPC (MEX). The results showed that there a persuasive case made integration effi...