Journal of Corporate Finance
Mon, 28 Jan 2019 00:00:00 GMT language
Firms’ corporate finance activities are likely affected by changes in their global business environment. Such changes include continuous technological change, improvement of CEO networks, consolidation between stock exchanges, regulatory changes related to corporate governance codes around the world, and consolidation of common ownership among institutional investors, just to name a few. Understanding how these changes affect firms’ financial policy, such as sources of financing, security design, risk management practices and takeover methods, among others, is thus crucial for researchers, managers and policy makers alike.