Thesiss

In the first essay, we extend the research of Grinstein and Michaely (2005) on the relation between institutional ownership and payout policy by focusing on the institutions most likely to vote their shares. We account for heterogeneity among institutional investors as well as f…

The study examines the level of quantity and quality of Key Performance Indicators (KPIs) reporting for a sample of FTSE 350 UK listed companies over the period (2006-2010). Furthermore, it identifies the determinants of KPIs reporting and investigates its impact upon firm value…

Cases involving sudden environmental events, such as British Petroleum’s (BP’s) accidental oil spill in the Gulf of Mexico in 2010, clearly demonstrate the causal relation between poor corporate environmental performance and abrupt loss of shareholder value. Under such circumsta…