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Full-Text Articles in Business
When Too Many Anti-Consumption Opportunities Lead To Anti-Consumption Of Anti-Consumption, Michael S. Lee, Ulku Yuksel, Nguyen T. Thai
When Too Many Anti-Consumption Opportunities Lead To Anti-Consumption Of Anti-Consumption, Michael S. Lee, Ulku Yuksel, Nguyen T. Thai
Faculty of Business - Papers (Archive)
A petition is a document signed by numerous people, announcing a demand that requires a corporation or public entity to take an action to remedy a transgression via essential course of practices. Signing a petition to support a positive cause or a boycott call, as an upshot of a negative cause worth boycotting, may be less taxing for consumers than partaking in boycotts organized by boycott organizers. Thanks to the internet and social media, hundreds of thousands of online petitions are created worldwide each year with millions of signatures supporting various causes (Antonetti & Manika, 2017; Wright, 2016). This raises …
Does Corporate Governance Quality Affect Default Risk? The Role Of Growth Opportunities And Stock Liquidity, Searat Ali, Benjamin Liu, Jen Je Su
Does Corporate Governance Quality Affect Default Risk? The Role Of Growth Opportunities And Stock Liquidity, Searat Ali, Benjamin Liu, Jen Je Su
Faculty of Business - Papers (Archive)
A series of defaults, a distinctive corporate environment and inconclusive findings in literature make Australia an interesting case in which to investigate the association between corporate governance and default risk. Using a large panel of 1086 non-financial firms from 2001 to 2013, we find that better governed firms are strongly associated with a lower level of default risk, and that the association is stronger among firms with more growth opportunities. Moreover, empirical evidence supports the role of stock liquidity as a channel of the relationship. Overall these findings have practical implications for the stakeholders in Australia.