Quality of working environment and corporate financial distress

Finance Research Letters - Tập 46 - Trang 102449 - 2022
Tho Pham1, Oleksandr Talavera2, Geoffrey Wood3, Shuxing Yin4
1Department of Economics, University of Reading, Reading, RG6 6UR, UK
2Corresponding author. Department of Economics, Birmingham Business School, University of Birmingham, Birmingham, B15 2TT, UK
3Western University, London, Ontario, N6A 5C2, Canada
4Sheffield University Management School, University of Sheffield, Sheffield S10 1FL, UK

Tài liệu tham khảo

Acharya, 2017, Measuring systemic risk, Rev. Financ. Stud., 30, 2, 10.1093/rfs/hhw088 Almamy, 2016, An evaluation of Altman’s Z-score using cash flow ratio to predict corporate failure amid the recent financial crisis: evidence from the UK, J. Corpor. Finance, 36, 278, 10.1016/j.jcorpfin.2015.12.009 Amendola, 2015, An analysis of the determinants of financial distress in Italy: a competing risks approach, Int. Rev. Econ. Finance, 37, 33, 10.1016/j.iref.2014.10.012 Bates, 2009, Why do US firms hold so much more cash than they used to?, J. Finance, 64, 1985, 10.1111/j.1540-6261.2009.01492.x Ben-Nasr, 2018, Employee welfare and stock price crash risk, J. Corporate Finance, 48, 700, 10.1016/j.jcorpfin.2017.12.007 Bernile, 2018, Board diversity, firm risk, and corporate policies, J. Financ. Econ., 127, 588, 10.1016/j.jfineco.2017.12.009 Bhagat, 2015, Size, leverage, and risk-taking of financial institutions, J. Bank. Financ., 59, 520, 10.1016/j.jbankfin.2015.06.018 Chen, 2020, Gender Gap in Peer-to-Peer Lending: evidence from China, J. Bank. Financ., 112, 10.1016/j.jbankfin.2019.105633 Duchin, 2010, Cash holdings and corporate diversification, J. Finance, 65, 955, 10.1111/j.1540-6261.2010.01558.x Han, 2007, Corporate precautionary cash holdings, J. Corporate Finance, 13, 43, 10.1016/j.jcorpfin.2006.05.002 Johnson, 1983, Affect, generalization, and the perception of risk, J. Pers. Soc. Psychol., 45, 20, 10.1037/0022-3514.45.1.20 Kamiya, 2019, The face of risk: CEO facial masculinity and firm risk, Eur. Financ. Manage., 25, 239, 10.1111/eufm.12175 Kini, 2012, Tournament incentives, firm risk, and corporate policies, J. Financ. Econ., 103, 350, 10.1016/j.jfineco.2011.09.005 Laeven, 2009, Bank governance, regulation and risk taking, J. Financ. Econ., 93, 259, 10.1016/j.jfineco.2008.09.003 McLean, 2011, Share issuance and cash savings, J. Financ. Econ., 99, 693, 10.1016/j.jfineco.2010.10.006 Mselmi, 2017, Financial distress prediction: the case of French small and medium-sized firms, Int. Rev. Financ. Anal., 50, 67, 10.1016/j.irfa.2017.02.004 Purnanandam, 2018, Growth option exercise and capital structure, Rev. Financ., 22, 177 Storseth, 2006, Changes at work and employee reactions: Organizational elements, job insecurity, and short‐term stress as predictors for employee health and safety, Scandinavian Journal of Psychology, 47, 541, 10.1111/j.1467-9450.2006.00548.x Tinoco, 2013, Financial distress and bankruptcy prediction among listed companies using accounting, market and macroeconomic variables, Int. Rev. Financ. Anal., 30, 394, 10.1016/j.irfa.2013.02.013 Watson, 1992, Differences in decision making regarding risk taking: a comparison of culturally diverse and culturally homogeneous task groups, Int. J. Intercult. Relat., 16, 53, 10.1016/0147-1767(92)90005-F Wooldridge, 2002