No abstract

No abstract

The study investigates the moderating effect of analyst coverage on the relationship between corporate social responsibility performance and information asymmetry.Data for the period 2008-2018 encompass 208 listed firms from nine different sectors in China. The study employs the fixed effect regression to identify dynamic relationships. The findings suggest that firms engaged in corporate social responsibility activities confront a lower level of information asymmetry. The results also indicate that analyst coverage moderates the relationship between corporate social responsibility performance and information asymmetry and that analyst coverage may play an imperative role in reducing the level of information asymmetry for the firm. Our findings advance the understanding of the association between corporate social responsibility performance and information asymmetry with the moderating effect of analyst coverage. The study investigates the moderating effect of analyst coverage on the relationship between corporate social responsibility performance and information asymmetry. Data for the period 2008-2018 encompass 208 listed firms from nine different sectors in China. The study employs the fixed effect regression to identify dynamic relationships. The findings suggest that firms engaged in corporate social responsibility activities confront a lower level of information asymmetry. The results also indicate that analyst coverage moderates the relationship between corporate social responsibility performance and information asymmetry and that analyst coverage may play an imperative role in reducing the level of information asymmetry for the firm. Our findings advance the understanding of the association between corporate social responsibility performance and information asymmetry with the moderating effect of analyst coverage. Moreover, present study contributes to the corporate social responsibility practices in China, it provides a sound base for policymakers for adopting corporate social responsibility performance activities.

PurposeThe extant literature provides substantial evidence that various facets of national culture play a significant role in corporate financial decision making. We systematically review the role of national culture on the various thematic domains of corporate financial decision making to outline what have been studies thus far and what needs to be studied.Design/methodology/approachKeywords such as national culture, organizational culture, power distance, uncertainty avoidance, masculinity, risk aversion and individualism for a search in the prominent academic literature databases are used. The studies related to the corporate financial decision making that is tied with these keywords are identified and selected for the systematic review.FindingsThe review of extant literature suggests strong evidence that national culture has a significant role in influencing corporate cash holding, corporate risk-taking, individual behaviour of the financial managers and initial public offering by the corporations. The review also indicates, although extant studies have examined the role of national culture in the key corporate financial decisions, evidence on the role of national culture in the firm's investment efficiency aspects is rather scarce. Also, what explains the role of national culture in corporate financial decision making has not been empirically exploited through causal mechanisms.Practical implicationsThe findings of the studies help advance our understanding of the current research status concerning the role played by the national culture in shaping corporate financial decisions and raise important future calls.Originality/valueTo best of our knowledge, no prior study has systematically reviewed the role of national culture in the thematic domains of corporate financial decision making.

No abstract

No abstract

Aim:The aim is to study the assessment of feasibility of medial sural artery perforator (MSAP) free flap for head and neck reconstruction at our center.Materials and Methods:Oral cancer patients with squamous cell carcinoma of the tongue, buccal mucosa, and floor of mouth cancer attending our center were reconstructed using MSAP flap after oncologic resection. Handheld 8 MHz Doppler was used to identify the perforator preoperatively.Results:We reconstructed 10 patients using MSAP flap. The flap was designed according to defect and donor site was primarily closed in all cases. Excellent results were seen in nine patients reconstructed with MSAP flap without any postoperative complication. Flap failure occurred in one patient due to venous thrombosis. The thickness of flap ranged from 4 to 8 mm. The vascular pedicle length ranged from 9 to 13 cm.Conclusion:The MSAP flap is appropriate for medium-sized oral defect reconstruction, with a long pedicle of matching caliber, adequate tissue volume, and minimal donor-site morbidity which makes it comparable to other microvascular free flaps such as radial artery free flap (RAFF) and anterolateral thigh flap.

No abstract