We document that short-horizon pricing discrepancies across firms' equity and credit markets
are common and that an economically significant proportion of these are anomalous, …

The current economic climate makes understanding credit risk correlation particularly important.
After allowing for a comprehensive set of observable firm-specific, industry, market, and …

We construct a news sentiment index at the firm level by using textual analysis of news
articles and find that dispersion in news sentiment is a significant predictor of corporate bond …

The article examines various liquidity measures across the corporate bond and credit default
swap (CDS) markets. The results, from the factor decompositions for individual liquidity …

Corporate liquidity management is closely related to firms’ labor costs. The relationship
between cash holdings and labor costs proxied by social insurance premiums is underexplored …

Motivation, whether in academia, physical activity, and sports, is essential to achieve. Therefore,
the definition of motivation is to be understood and how different authors have defined …

We examine how import penetration from China affects corporate workplace safety in US
manufacturing firms. Using Chinese import penetration to other eight developed countries as …

Prior studies suggest high institutional ownership provides stable funding for firm managers
supporting long‐term innovation. However, we hypothesize that the level of holdings can …

We examine market linkage and information spillover across the US stock, corporate bond,
and credit derivatives markets in the pre-crisis, crisis, and recovery periods. Our results …

This paper analyzes the volatility linkage across the US, European, German, Japanese, and
Swiss equity markets from 1999 to 2009. Both the unconditional and conditional correlations …